World - Escalators And Moving Walkways - Market Analysis, Forecast, Size, Trends and Insights
Escalator Market - China Is in Control of the Global Escalator Trade
China dominates in the global escalator and moving walkway trade. In 2014, China exported 75 thousand tonnes of escalators and moving walkways totaling 642 million USD, 2% under the previous year. Its primary trading partner was the Republic of Korea, where it supplied 9.2% of its total escalator and moving walkway exports in value terms, accounting for 87.5% of the Republic of Korea's total imports.
From 2007 to 2014, China was a net exporter on the global escalator market. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was less pronounced.
Germany and Slovakia were among the other main global suppliers of escalators and moving walkways in 2014. However, the fastest growing exporters from 2007 to 2014 were China (+5.1% per year) and Italy (+8.9% per year). With this, China was able to continue to strengthen its position in the global export structure.
In 2014, China's top 5 trading partners were the Republic of Korea, the Russian Federation, Iran, the U.S. and Saudi Arabia, with a combined 32.0% share of China's escalator and moving walkway exports. The share of Iran increased modestly (+4.1 percentage points), while the share of Turkey illustrated negative dynamics (-1.5 percentage points).
Do you want to know more about the global escalator market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- escalator market share
- escalator prices
- escalator industry
- escalator sales
- escalator market forecast
- escalator price forecast
- key escalator producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global escalator market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
We can help you conduct market research and write a report using the most reliable data