United Kingdom - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
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View PricingImport of UK Lift and Hoist Increases Marginally to $34M in June 2023
United Kingdom Lift And Hoist Imports
In June 2023, lift and hoist imports into the UK stood at 1.7K units, therefore, remained relatively stable against the month before. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2022 when imports increased by 15% against the previous month. As a result, imports attained the peak of 1.8K units. From August 2022 to June 2023, the growth of imports failed to regain momentum.
In value terms, lift and hoist imports reached $34M (IndexBox estimates) in June 2023. The total import value increased at an average monthly rate of +1.1% over the period from June 2022 to June 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in July 2022 with an increase of 15% month-to-month. As a result, imports attained the peak of $34M. From August 2022 to June 2023, the growth of imports failed to regain momentum. 
| COUNTRY | Import Value of Lift And Hoist in United Kingdom (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
| Germany | 8.8 | 12.4 | 6.8 | 3.9 | 6.8 | 7.0 | 8.3 | 4.7 | 6.1 | 8.1 | 6.1 | 7.7 | 9.5 |
| Spain | 4.2 | 6.3 | 5.4 | 4.5 | 3.5 | 5.1 | 3.8 | 4.1 | 4.1 | 4.1 | 3.9 | 4.5 | 5.4 |
| Italy | 3.2 | 3.0 | 3.6 | 3.1 | 3.2 | 3.5 | 2.8 | 4.2 | 2.4 | 4.1 | 3.8 | 3.8 | 4.3 |
| China | 5.7 | 6.1 | 7.4 | 7.5 | 6.9 | 7.5 | 6.2 | 7.3 | 6.0 | 6.3 | 8.0 | 6.0 | 4.1 |
| Netherlands | 1.5 | 1.9 | 1.5 | 2.3 | 1.8 | 1.7 | 2.5 | 1.8 | 2.2 | 1.9 | 2.4 | 1.6 | 2.6 |
| Sweden | 2.5 | 2.1 | 1.4 | 3.0 | 5.3 | 2.8 | 1.9 | 3.1 | 2.2 | 2.0 | 3.2 | 3.9 | 2.6 |
| Denmark | < 0.1 | N/A | 0.3 | 1.0 | 1.0 | 0.4 | 0.4 | 1.0 | 1.5 | 0.8 | 1.8 | 2.3 | 1.4 |
| Others | 3.4 | 2.1 | 4.1 | 2.5 | 3.1 | 3.7 | 2.9 | 3.0 | 3.8 | 2.8 | 2.9 | 2.8 | 3.7 |
| Total | 29.4 | 33.9 | 30.4 | 27.7 | 31.5 | 31.7 | 29.0 | 29.1 | 28.3 | 30.0 | 32.1 | 32.6 | 33.5 |
Imports by Country
Germany (473 units), Spain (269 units) and Italy (217 units) were the main suppliers of lift and hoist imports to the UK, together accounting for 58% of total imports. These countries were followed by China, Sweden, the Netherlands and Denmark, which together accounted for a further 32%.
From June 2022 to June 2023, the biggest increases were in Denmark (with a CAGR of +42.3%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($9.5M), Spain ($5.4M) and Italy ($4.3M) appeared to be the largest lift and hoist suppliers to the UK, together comprising 57% of total imports. These countries were followed by China, the Netherlands, Sweden and Denmark, which together accounted for a further 32%.
Denmark, with a CAGR of +63.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In June 2023, the lift and hoist price amounted to $20,298 per unit (CIF, United Kingdom), stabilizing at the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 7.6% against the previous month. As a result, import price reached the peak level of $20.4M per thousand units. From February 2023 to June 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Denmark ($19,998 per unit) and Italy ($19,998 per unit), while the price for the Netherlands ($19,998 per unit) and Sweden ($19,998 per unit) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Denmark (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the lift and hoist market in the UK. 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 2030.
Product coverage:
- Prodcom 28221630 - Electrically operated lifts and skip hoists
- Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
