In 2023, the import of mobile cranes to Germany stood at a reasonable level, serving as the baseline for forecasts. From 2024 onwards, a steady increase in imports is projected. Year-over-year growth rate varies between 1% and 1.5%, indicating stable demand. By 2028, the value of imports is expected to reach approximately 90.306 million US dollars, reflecting a compound annual growth rate (CAGR) of around 1% over the five-year period.
Future trends to watch for:
- Technological innovations increasing crane efficiency could boost imports.
- Changes in Germany’s construction activity may impact demand levels.
- Exchange rate fluctuations might affect import values in USD.