Overview of the Global Market for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Market Size for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

The global market for buckets, shovels, grabs and grips for ships derricks and cranes amounted to $X in 2023, with an increase of X% against the previous year. Over the period under review, the total consumption indicated a measured increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the global market remained at a lower figure.

Production of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

In value terms, ship derrick buckets and shovels production totaled $X in 2023 estimated in export price. Overall, the total production indicated a temperate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2022 to 2023, global production growth failed to regain momentum.

Exports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Exports

In 2023, overseas shipments of buckets, shovels, grabs and grips for ships derricks and cranes decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X%. The global exports peaked at X units in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

In value terms, ship derrick buckets and shovels exports reached $X in 2023. Over the period under review, total exports indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The global exports peaked in 2023 and are likely to see steady growth in the immediate term.

Exports by Country

The shipments of the twelve major exporters of buckets, shovels, grabs and grips for ships derricks and cranes, namely Mexico, China, Germany, Poland, Italy, India, South Korea, the Netherlands, Hungary, the United States, the UK and Canada, represented more than half of total export. The Czech Republic (X units) held a minor share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by India (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, Mexico ($X), the United States ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of global exports. China, Italy, the Netherlands, South Korea, Poland, Canada, Hungary, the Czech Republic, the UK and India lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, India, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for buckets, shovels, grabs and grips for ships derricks and cranes amounted to $X per unit, with an increase of X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2023 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Imports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Imports

After two years of growth, purchases abroad of buckets, shovels, grabs and grips for ships derricks and cranes decreased by X% to X units in 2023. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Global imports peaked at X units in 2022, and then contracted in the following year.

In value terms, ship derrick buckets and shovels imports reduced to $X in 2023. In general, total imports indicated a temperate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Global imports peaked at $X in 2022, and then shrank in the following year.

Imports by Country

In 2023, the United States (X units), distantly followed by France (X units), Germany (X units) and the UK (X units) represented the main importers of buckets, shovels, grabs and grips for ships derricks and cranes, together creating X% of total imports. Brazil (X units), Canada (X units), Australia (X units), Belgium (X units), Sweden (X units), Mexico (X units), Chile (X units), the Netherlands (X units) and Austria (X units) held a relatively small share of total imports.

Imports into the United States increased at an average annual rate of X% from 2012 to 2023. At the same time, Brazil (X%), the Netherlands (X%), Austria (X%), Sweden (X%), Chile (X%), France (X%), Mexico (X%), Canada (X%) and the UK (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Australia and Germany experienced a relatively flat trend pattern. By contrast, Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United States and Brazil increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported buckets, shovels, grabs and grips for ships derricks and cranes worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in the United States stood at X%. In the other countries, the average annual rates were as follows: Germany (X% per year) and France (X% per year).

Import Prices by Country

The average import price for buckets, shovels, grabs and grips for ships derricks and cranes stood at $X per unit in 2023, increasing by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X%. Global import price peaked at $X per unit in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Chile ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform