In 2023, Singapore, Canada, and Azerbaijan led the import of mobile lifting frames on tyres and straddle carriers with positive growth, while the United States and China saw declines. Notable year-on-year growth was observed in countries like Pakistan, Norway, and the Philippines, while Azerbaijan and Switzerland experienced significant decreases. The largest importer, Singapore, had strong growth at 41.85% year-on-year.
Future Trends to Watch:
- Increasing automation and technological advances in lifting equipment could reshape import demands.
- Strengthening trade and infrastructure initiatives in Asia and North America might boost import volumes.
- Economic instability in emerging markets could impact growth trends in countries like Brazil and Russia.
Top countries in Import of Mobile Lifting Frames on Tyres and Straddle Carriers by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Singapore | 63,750 | 2023 | +0.41% | +41.85% | View data |
| 2 | 2 Canada | 32,810 | 2023 | +6.48% | +15.69% | View data |
| 3 | 3 Azerbaijan | 4,060 | 2023 | +5.1% | -21.87% | View data |
| 4 | 4 Mexico | 889 | 2023 | +6.09% | +0.27% | View data |
| 5 | 5 United States | 712 | 2023 | -3.26% | -4.45% | View data |
| 6 | 6 India | 450 | 2023 | +6.13% | +0.27% | View data |
| 7 | 7 Ecuador | 306 | 2023 | +5.88% | +0.8% | View data |
| 8 | 8 Philippines | 140.7 | 2023 | -0.5% | +12.52% | View data |
| 9 | 9 Switzerland | 107.75 | 2023 | +3.2% | -20.63% | View data |
| 10 | 10 Norway | 73 | 2023 | -8.75% | +18.68% | View data |