Monday, June 12, 2017

Trade in cranes as an indicator

This table summarises exports and imports for SITC 744.34: Tower Cranes and the first quarter and full year outcomes since 2010.  The units are tonnes.

Tower Cranes

Back in 2010 we were exporting cranes with nearly 2,500 tonnes of them leaving the country.  These exports have fallen off in recent years and in the first three months of 2017 there have been no exports in this category.

On the other side there were limited imports up to 2010 but this began to picked up in 2015 and 2016 and for the first quarter of 2017 imports are up 50 per cent on the same period last year.

The amounts of money involved tend to be relatively small.  The average price involved is generally around €5,000/tonne but the nature of the changes is pretty clear.  Though we do remain a long way from this:

Cranes in Dublin

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