Truck cranes market in Germany

Earlier Report Observations

Between 2018 and 2021, the German truck crane market grew from 787 million dollars to 938 million dollars, peaking at 942 million dollars in 2020. This expansion was supported by rising infrastructure investments across the region, which sustained demand for mobile cranes. Market innovation also played a role, exemplified by Manitowoc's launch of new crane models at the Bauma 2019 trade fair. Major manufacturer Liebherr strengthened its market position and, from September 2021, began delivering all cranes from its Ehingen plant using hydrotreated vegetable oil (HVO) to reduce carbon emissions.

After a contraction to 789 million dollars in 2022, the market rebounded sharply to 1 027 million dollars in 2023 and further to 1 253 million dollars in 2024. The 2023 surge was partly triggered by the August 2023 introduction of the second-generation intelligent tachograph, which prompted accelerated vehicle registrations. Continued regulatory push and subsidies for low-emission commercial vehicles, such as the federal funding program for climate-friendly trucks (KsNI), fueled further growth in 2024 by encouraging adoption of greener equipment.

Production truck cranes in Germany

In value, 2017-2020, M $ US

Following two years of growth, Germany's truck crane production experienced a decline. In 2020, output was valued at 2 683 million US dollars, marking a significant year-over-year decrease of 13.9%. Over the period from 2017 to 2020, production increased by 5.5%, with a compound annual growth rate of 1.8%. The highest value was recorded in 2019 at 3 117 million US dollars, while the largest increase occurred in 2018 with a rise of 18.5%.

Annual dynamics of production in Germany in value, 2017-2020, M $ US

In kind, 2017-2020, unit

After two years of expansion, Germany's truck crane production volume declined. In 2020, 2 458 units were produced, representing a year-over-year drop of 20.3%. Between 2017 and 2020, production increased by 6.5%, equating to an annualized growth rate of 2.1%. The peak was reached in 2019 with 3 085 units, and the largest increase was in 2018 at 21.0%.

Annual dynamics of production in Germany in kind, 2017-2020, unit

Exports truck cranes from Germany

Exports in kind, unit

Following two years of growth, Germany's truck crane export volume declined. In 2020, exports totaled 2 201 units, which is 23.8% lower than the previous year. Over the period from 2017 to 2020, exports decreased by 12.5%, with a compound annual growth rate of 4.3%. The maximum value was recorded in 2019 at 2 889 units, while the largest increase occurred in 2018 with a rise of 14.0%.

Annual dynamics of product's exports from Germany in kind, 2017-2020, unit

The structure of exports in kind from 2017 to 2020 indicates a diversified set of partners. The United States accounted for 13.5% of exports in kind, the Netherlands for 9.1%, and France for 8.5%, together representing only 31.2% of total flows. The remaining 68.8% was distributed among numerous smaller markets.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Germany in kind, 2017-2020

Exports in value, M $ US

After two years of increase, truck crane shipments from Germany declined. In 2020, Germany exported 1 812 million US dollars worth of truck cranes, down by 23.9% compared to the previous year. Between 2017 and 2020, exports decreased by 6.1%, equating to an annualized rate of 2.1%. The highest value was recorded in 2019 at 2 380 million US dollars, and the largest increase was in 2018 with a rise of 19.9%.

Annual dynamics of product's exports from Germany in value, 2017-2020, M $ US

From 2017 to 2020, exports in value terms of truck cranes from Germany were spread across many countries. The United States accounted for 19.0% of exports in value terms, France for 8.0%, and the Netherlands for 7.6%, jointly representing only 34.6% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Germany in value, 2017-2020

Imports truck cranes to Germany

Imports in kind, unit

After two years of growth, cross-border shipments of truck cranes to Germany declined. In 2020, imports reached 289 units, down by 22.9% compared to the previous year. Over the period from 2017 to 2020, imports increased by 39.6%, with a compound annual growth rate of 11.8%. The maximum value was recorded in 2019 at 375 units, while the largest increase occurred in 2018 with a rise of 49.8%.

Annual dynamics of product's imports to Germany in kind, 2017-2020, unit

Throughout 2017 to 2020, Slovenia accounted for 28.6% of imports in kind, the Netherlands for 12.6%, and Italy for 9.0%, forming the key group of partners for truck crane imports to Germany. Together, they represented 50.2% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Germany in kind, 2017-2020

Imports in value, M $ US

Truck crane imports to Germany declined for the second consecutive year. In 2020, Germany imported approximately 71 million US dollars worth of truck cranes, reflecting a robust decline of 15.9% compared to 2019. Over the period from 2017 to 2020, imports increased by 4.6%, with a compound annual growth rate of 1.5%. The maximum value was recorded in 2018 at 89 million US dollars, and the largest increase occurred in the same year with a rise of 30.6%.

Annual dynamics of product's imports to Germany in value, 2017-2020, M $ US

From 2017 to 2020, Slovenia accounted for 21.7% of imports in value terms, the Netherlands for 20.3%, and the United Kingdom for 9.4%, serving as the principal destinations for truck crane imports to Germany. Together, they represented 51.4% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Germany in value, 2017-2020