Cranes and derricks designed for mounting on road vehicles market in Czechia

Earlier Report Observations

The Czech market for cranes and derricks designed for mounting on road vehicles experienced considerable fluctuation between 2018 and 2024. After a decline in 2019 and 2020, market volume surged by 33% in 2021 to 50.6 million USD, followed by further growth to a peak of 62.1 million USD in 2023, before contracting to 56.9 million USD in 2024. Domestic production mirrored this volatility, falling in 2019 and 2020, then jumping by 37% in 2021 and by 41% in 2023.

Market expansion was supported by the introduction of new crane models and enhanced services. The launch of AD10 and AD14 truck-mounted cranes on smaller two-axle chassis broadened the mobile crane segment. From 2021, new remote monitoring services and synthetic ropes increased operational reliability and safety, stimulating demand. Concurrently, the ongoing shift toward chassis meeting stringent EURO VI emission standards affected production specifications. Investment in high-capacity equipment was evident in 2022 with the assembly of the tallest free-standing tower crane in Prague, reflecting a focus on advanced cranes for complex projects.

Throughout the period, legislative safety requirements, particularly the ČSN 73 5130 standard for crane runways, shaped production and installation practices. After the 2023 peak, the market contracted by 8% in 2024, with production also declining by 6% that year.

Production cranes and derricks designed for mounting on road vehicles in Czechia

In value, 2018-2021, K $ US

Following two consecutive years of decline, production of cranes and derricks designed for mounting on road vehicles in Czechia rebounded. In 2021, output reached 18 644 thousand US dollars, marking a significant 37.1% increase compared to 2020. Over the period from 2018 to 2021, production decreased by 2.8%, which translates to an annualized decline of 0.9%. The lowest value was recorded in 2020 at 13 594 thousand US dollars, while the largest decline occurred in 2019, with a drop of 16.5%.

Annual dynamics of production in Czechia in value, 2018-2021, K $ US

In kind, 2018-2021, unit

In 2021, Czechia produced 1 231 units of cranes and derricks designed for mounting on road vehicles, representing a 33.2% year-over-year increase. From 2018 to 2021, production grew by 23%, with a compound annual growth rate of 7.1%. The minimum output was recorded in 2020 at 924 units, which also saw the largest decline of 19.3% during that year.

Annual dynamics of production in Czechia in kind, 2018-2021, unit

Exports cranes and derricks designed for mounting on road vehicles from Czechia

Exports in kind, unit

The data shows irregular fluctuations, indicating a volatile market environment. Czechia's exports of cranes and derricks designed for mounting on road vehicles peaked in 2020 and fell to their lowest point in 2019, with a 12-fold difference between these years. In 2021, exports totaled 207 units, down by 71.7% compared to the previous year. The minimum value was 61 units in 2019, while the maximum was 730 units in 2020, which also experienced the largest increase of 1,096.4%.

Annual dynamics of product's exports from Czechia in kind, 2018-2021, unit

From 2018 to 2021, the structure of exports in kind was dominated by China, which accounted for 79.5% of total flows, alongside numerous minor partners.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Czechia in kind, 2018-2021

Exports in value, K $ US

Exports of cranes and derricks designed for mounting on road vehicles from Czechia increased for the third consecutive year. In 2021, exports totaled 2 216 thousand US dollars, showing a modest 1.1% year-over-year growth. Between 2018 and 2021, exports rose by 42.7%, equating to an annualized rate of 12.6%.

Annual dynamics of product's exports from Czechia in value, 2018-2021, K $ US

From 2018 to 2021, the largest buyers of cranes and derricks designed for mounting on road vehicles from Czechia in value terms were the United Kingdom (30.6% of exports), Slovakia (28.8%), and China (14.9%). Together, these three countries accounted for 74.4% of total export value.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Czechia in value, 2018-2021

Imports cranes and derricks designed for mounting on road vehicles to Czechia

Imports in kind, unit

In 2021, Czechia imported 1 134 units of cranes and derricks designed for mounting on road vehicles, a 25.6% increase compared to the previous year. Over the period from 2018 to 2021, imports grew by 20.8%, with an annualized rate of 6.5%. The lowest volume was recorded in 2020 at 903 units, which also saw the largest decline of 13.5%.

Annual dynamics of product's imports to Czechia in kind, 2018-2021, unit

From 2018 to 2021, the main sources for imports in kind were Europe, not elsewhere specified (33.0% of imports), Italy (25.7%), and Finland (12.9%). Together, these three accounted for 71.7% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Czechia in kind, 2018-2021

Imports in value, K $ US

In 2021, imports of cranes and derricks designed for mounting on road vehicles into Czechia amounted to 34 168 thousand US dollars, reflecting a sharp 28.1% year-over-year increase. Over the period from 2018 to 2021, imports rose by 17.8%, with a compound annual growth rate of 5.6%. The minimum value was recorded in 2020 at 26 669 thousand US dollars, which also experienced the largest decline of 12.3%.

Annual dynamics of product's imports to Czechia in value, 2018-2021, K $ US

From 2018 to 2021, the structure of imports in value terms was led by Europe, not elsewhere specified (41.5% of imports), Italy (18.8%), and Finland (10.8%). Together, these three represented 71.2% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Czechia in value, 2018-2021