In 2023, the United States led the global export of portal or pedestal jib cranes with a significant share, despite a slight decline. China showed a robust gain, reflecting competitiveness in this market. Singapore, Kuwait, and India also marked increases, showcasing growth potential. Meanwhile, declines were observed in Switzerland, Belarus, and Norway, indicating challenges in these regions.
Future trends to watch include China’s strategic moves potentially reshaping market dynamics further. Increasing industrialization in Asia may bolster markets like Singapore and India. Additionally, technological advancements and innovative designs could impact demand and export patterns significantly.
Top countries in Export of Portal or Pedestal Jib Cranes Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 65.35 | 2023 | -3.92% | -2.95% | View data |
| 2 | 2 China | 20.76 | 2023 | +1.83% | +2.92% | View data |
| 3 | 3 Singapore | 6.24 | 2023 | +1.81% | +3.38% | View data |
| 4 | 4 Switzerland | 3 | 2023 | +4.55% | -18.18% | View data |
| 5 | 5 Kuwait | 2.02 | 2023 | +6.82% | +2.52% | View data |
| 6 | 6 India | 1.66 | 2023 | +2.67% | +6.96% | View data |
| 7 | 7 Russia | 0.45 | 2023 | 0% | 0% | View data |
| 8 | 8 Botswana | 0.24 | 2023 | 0% | +22.42% | View data |
| 9 | 9 Belarus | 0.24 | 2023 | 0% | -1.73% | View data |
| 10 | 10 Norway | 0.043 | 2023 | -71.43% | -32.24% | View data |
