Europe: Market for Continuous-Action Elevators And Conveyors 2024

Market Size for Continuous-Action Elevators And Conveyors in Europe

The Europe continuous-action elevators and conveyors market soared to $X in 2023, jumping by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Continuous-Action Elevators And Conveyors in Europe

In value terms, continuous-action elevators and conveyors production soared to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Continuous-Action Elevators And Conveyors

Exports in Europe

In 2023, overseas shipments of continuous-action elevators and conveyors increased by X% to X units, rising for the seventh consecutive year after four years of decline. Over the period under review, exports posted a notable increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The volume of export peaked in 2023 and is expected to retain growth in the near future.

In value terms, continuous-action elevators and conveyors exports totaled $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The level of export peaked in 2023 and is likely to continue growth in years to come.

Exports by Country

In 2023, Germany (X units), distantly followed by Italy (X units), the Netherlands (X units), Austria (X units), Poland (X units) and France (X units) were the major exporters of continuous-action elevators and conveyors, together creating X% of total exports. Spain (X units), the Czech Republic (X units), Denmark (X units), Hungary (X units), Belgium (X units), Sweden (X units) and Finland (X units) took a minor share of total exports.

From 2012 to 2023, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest continuous-action elevators and conveyors supplying countries in Europe were Germany ($X), Italy ($X) and Austria ($X), with a combined X% share of total exports. The Netherlands, Poland, Denmark, France, Spain, the Czech Republic, Belgium, Sweden, Hungary and Finland lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2023, the export price in Europe amounted to $X per unit, with an increase of X% against the previous year. In general, the export price, however, saw a mild downturn. The pace of growth was the most pronounced in 2015 an increase of X%. The level of export peaked at $X per unit in 2017; however, from 2018 to 2023, the export prices remained at a lower figure.

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

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

Imports of Continuous-Action Elevators And Conveyors

Imports in Europe

In 2023, continuous-action elevators and conveyors imports in Europe surged to X units, increasing by X% against 2022 figures. In general, imports posted a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by X%. The volume of import peaked in 2023 and is likely to continue growth in the near future.

In value terms, continuous-action elevators and conveyors imports rose significantly to $X in 2023. Total imports indicated noticeable growth 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 was the most pronounced in 2017 with an increase of X%. The level of import peaked in 2023 and is expected to retain growth in the immediate term.

Imports by Country

In 2023, Germany (X units) and Norway (X units) were the key importers of continuous-action elevators and conveyors in Europe, together reaching near X% of total imports. It was followed by Russia (X units), France (X units), Switzerland (X units) and Spain (X units), together making up a X% share of total imports. The following importers - Poland (X units), the Netherlands (X units), Italy (X units), Austria (X units), Belgium (X units), the UK (X units) and Sweden (X units) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest continuous-action elevators and conveyors importing markets in Europe were Germany ($X), the UK ($X) and France ($X), with a combined X% share of total imports. The Netherlands, Russia, Italy, Switzerland, Poland, Spain, Belgium, Norway, Austria and Sweden lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per unit in 2023, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

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 the UK ($X per unit), while Norway ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Switzerland (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform