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The Danish lifting equipment market shrinks to $X in 2021, down -X% year-on-year. Overall, consumption recorded a marked decline. Lifting equipment consumption peaked at $X in 2016; however, consumption is at a lower level from 2017 to 2021. In value terms, hoisting equipment production fell rapidly to an estimated $X at export prices in 2021. Overall, production has fallen sharply. The most significant growth rate occurred in 2020, when production increased by X% over the previous year. Lifting equipment production peaked at $X in 2012; however, production has remained low from 2013 to 2021. The export size of the lifting equipment market in Denmark Overseas shipments of lifting equipment in 2021 fell -X% to X units for the first time since 2017, ending a three-year upward trend. During the period under review, exports contracted sharply. The most significant growth rate occurred in 2019, with an X% increase. Exports peaked at X units in 2020, before falling sharply the following year. In value terms, hoisting equipment exports contract rapidly to $X in 2021. Overall, exports have shrunk significantly. The most significant growth rate occurred in 2018, with an increase of X%. During the period under review, exports peaked at $X in 2020, then declined significantly the following year. France (X units) is the main destination for Danish hoisting equipment exports, accounting for X% of total exports. In addition, exports of lifting equipment to France were more than double those to the second largest destination, Taiwan (China) (X units). New Zealand (X units) ranked third with X% of total exports. From 2012 to 2021, the average annual growth rate of cargo traffic to France totals +X%. Exports to other major destinations recorded the following average annual export growth rates: Taiwan (China) (+X% per annum) and New Zealand (X% per annum). In value terms, France ($X) became the main foreign market for Danish lifting equipment exports, accounting for X% of total exports. In second place is Taiwan (China) ($X) with X% of total exports. It is followed by Mexico with an X% share. From 2012 to 2021, the average annual growth in value to France totals +X%. Exports to other major destinations recorded the following average annual export growth rates: Taiwan (China) (+X% per annum) and Mexico (+X% per annum). Denmark’s lifting equipment import scale In 2021, the number of hoisting equipment imported by Denmark will shrink significantly to X units, a year-on-year decrease of -X%. During the review period, imports faced a sudden drop. The growth rate was most pronounced in 2018, when imports increased by X% year-on-year. As a result, imports peaked at X units. Import growth will remain low in 2019-2021. Lifting equipment imports contract sharply to $X in 2021 in value terms. Overall, imports contracted sharply. The fastest growth was recorded in 2013, with an increase of X%. As a result, imports peaked at X dollars. From 2014 to 2021, the growth rate of imports will remain at a low level. In 2021, Finland (X units) is the largest supplier of lifting equipment in Denmark, accounting for X% of total imports. In addition, imports of hoisting equipment from Finland were four times higher than the figures recorded by the second largest supplier, China (X units). Norway (X units) occupies third place in the ranking with an X% share. From 2012 to 2021, the average annual growth rate of Finnish exports is +X%. The average annual growth rates of imports for the remaining suppliers are as follows: China (-X% per annum) and Norway (-X% per annum). Finland ($X) is the largest lifting equipment supplier to Denmark by value, accounting for X% of total imports. In second place is Estonia ($X) with X% of total imports. It is followed by Sweden with an X% share. From 2012 to 2021, the average annual growth rate of value in Finland totals +X%. The average annual growth rates of imports for the remaining supplier countries are as follows: Estonia (+X% per annum) and Sweden (-X% per annum). Statistics of various crane suppliers in Denmark Finland is Denmark’s largest supplier of lifting equipment by value, accounting for 39% of total imports. In second place is Estonia with 15% of total imports. It is followed by Sweden with a 9% share. In value terms, France became the main foreign market for Danish lifting equipment exports, accounting for 56% of total exports. In second place are Taiwanese Chinese), which accounted for 18% of total exports. It is followed by Mexico with a share of 2.6%. The average export price of hoisting equipment in 2021 is $5,159 per unit, down -25.9% from the previous year. The average import price of hoisting equipment in 2021 will be US$2,277 per unit, a year-on-year increase of 23%. How to customize crane from China We are a crane manufacturer located in China, providing crane customization services to global crane customers. If you want to customize a crane, you can leave a message on the website or Email: [email protected], tell us the following information, and our sales manager will contact you: Analysis of the lifting equipment market in Denmark in 2022

The Hong Kong lifting equipment market fell sharply to $X in 2021, down -X% from the previous year. This figure reflects the total revenue of producers and importers (excluding logistics costs, retail marketing costs and retailer profits, which will be included in the final consumer price). Overall, consumption continues to show marked declines. As a result, consumption peaked at X dollars before shrinking sharply the following year. Hong Kong’s lifting equipment export scale Overseas shipments of lifting equipment fell -X% to X units in 2021, falling for the third consecutive year after two years of growth. Overall, exports fell sharply. In 2014, the growth rate was the fastest, with an increase of X%. As a result, exports peaked at X units. From 2015 to 2021, the export growth rate will remain at a low level. In value terms, hoisting equipment exports fell slightly to $X in 2021. Overall, exports continued to show a sharp contraction. The most significant growth rate occurred in 2017, when exports increased by X% over the previous year. Exports peaked at $X in 2014; however, from 2015 to 2021, exports failed to regain momentum. China (X units) was the main destination for Hong Kong SAR’s hoisting equipment exports, accounting for about X% of total exports. From 2012 to 2021, the average annual growth rate of exports to China is -X%. In value terms, China ($X) remains the major foreign market for Hong Kong SAR’s hoisting equipment exports. Average annual growth in value to China from 2012 to 2021 totals -X%. Import scale of lifting equipment in Hong Kong In 2021, approximately X lifting equipment will be imported into Hong Kong SAR; this is a -X% decrease from the previous year’s figure. During the period under review, imports shrank sharply. In 2014, the growth rate was the fastest, with an increase of X%. During the period under review, imports hit an all-time high for X units in 2020, before contracting sharply the following year. In value terms, hoisting equipment imports fell sharply to $X in 2021. Overall, imports fell sharply. Growth will be the fastest in 2020, with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2021, import volumes have remained low. In 2021, Mainland China (X units) is the largest lifting equipment supplier in Hong Kong SAR, accounting for X% of total imports. In addition, imports of lifting equipment from mainland China were six times higher than the number recorded by the second largest supplier, the United States (X units). Spain (X units) ranks third in terms of total imports with a share of X%. From 2012 to 2021, the average annual growth rate of sales from mainland China will total -X%. The average annual growth rates of imports for the remaining supplier countries are as follows: the United States (+X% per year) and Spain (-X% per year). Mainland China ($X) is the largest lifting equipment supplier in Hong Kong SAR by value, accounting for X% of total imports. In second place is the United States ($X) with X% of total imports. It is followed by Slovenia with an X% share. From 2012 to 2021, the average annual growth rate of output value in mainland China is -X%. The average annual growth rates of imports for the remaining supplier countries are as follows: the United States (+X% per annum) and Slovenia (-X% per annum). Statistics of various crane suppliers in Hong Kong SAR, China China is the largest supplier of lifting equipment to Hong Kong SAR by value, accounting for 44% of total imports. In second place is the United States, which accounts for 19% of total imports. It was followed by Slovenia with a 15% share. In value terms, China remains the main foreign market for Hong Kong SAR’s hoisting equipment exports. In 2021, the average export price of lifting equipment will be US$39,242 per unit, a year-on-year increase of 56%. The average import price of hoisting equipment in 2021 will be US$8,620 per unit, an increase of 9.5% over the previous year. How to customize crane from China We are a crane manufacturer located in China, providing crane customization services to global crane customers. If you want to customize a crane, you can leave a message on the website or Email: [email protected], tell us the following information, and our sales manager will contact you: Analysis of the lifting equipment market in Hong Kong SAR, China in 2022