China - Continuous-Action Elevators And Conveyors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Continuous-Action Elevators and Conveyors in China - 2023
Contents:
- Price for Continuous-Action Elevators and Conveyors in China (FOB) - 2022
- Price for Continuous-Action Elevators and Conveyors in China (CIF) - 2022
- Exports of Continuous-Action Elevators and Conveyors in China
- Imports of Continuous-Action Elevators and Conveyors in China
Price for Continuous-Action Elevators and Conveyors in China (FOB) - 2022
The average continuous-action elevators and conveyors export price stood at $3,037 per unit in 2022, waning by -19.4% against the previous year. Over the period under review, the export price showed a abrupt decrease. The growth pace was the most rapid in 2018 an increase of 8.5% against the previous year. Over the period under review, the average export prices reached the peak figure at $7,630 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($7,242 per unit), while the average price for exports to Saudi Arabia ($1,159 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-3.6%), while the prices for the other major destinations experienced a decline.
Price for Continuous-Action Elevators and Conveyors in China (CIF) - 2022
In 2022, the average continuous-action elevators and conveyors import price amounted to $17,102 per unit, growing by 11% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, continuous-action elevators and conveyors import price decreased by -29.8% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 37%. Over the period under review, average import prices reached the maximum at $26,408 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($37,970 per unit), while the price for Japan ($5,006 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Continuous-Action Elevators and Conveyors in China
Continuous-action elevators and conveyors exports from China soared to 766K units in 2022, rising by 55% against 2021 figures. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, continuous-action elevators and conveyors exports soared to $2.3B in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Continuous-Action Elevators and Conveyors in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 222 | 108 | 186 | 285 | 8.7% |
| Vietnam | 211 | 158 | 203 | 229 | 2.8% |
| India | 89.9 | 75.1 | 111 | 171 | 23.9% |
| United States | 63.9 | 70.1 | 94.9 | 121 | 23.7% |
| Malaysia | 84.2 | 72.1 | 85.8 | 119 | 12.2% |
| Japan | 67.2 | 68.4 | 59.5 | 81.1 | 6.5% |
| Mexico | 20.7 | 31.9 | 45.1 | 63.6 | 45.4% |
| Turkey | 22.8 | 25.4 | 27.4 | 62.0 | 39.6% |
| Taiwan (Chinese) | 27.9 | 30.6 | 43.2 | 60.0 | 29.1% |
| Australia | 25.4 | 27.4 | 48.7 | 51.5 | 26.6% |
| Russia | 21.6 | 47.9 | 52.5 | 49.0 | 31.4% |
| Hong Kong SAR | 31.6 | 27.4 | 39.9 | 37.7 | 6.1% |
| Saudi Arabia | 17.6 | 10.7 | 16.7 | 26.2 | 14.2% |
| Others | 768 | 679 | 848 | 972 | 8.2% |
| Total | 1,674 | 1,432 | 1,862 | 2,327 | 11.6% |
Top Export Markets for Continuous-Action Elevators and Conveyors from China in 2022:
- United States (93.9K units)
- Vietnam (76.4K units)
- Malaysia (60.4K units)
- India (53.7K units)
- Japan (40.9K units)
- Indonesia (39.4K units)
- Russia (29.3K units)
- Hong Kong SAR (27.3K units)
- Mexico (24.1K units)
- Saudi Arabia (22.6K units)
- Australia (21.3K units)
- Taiwan (Chinese) (19.5K units)
- Turkey (16.5K units)
Imports of Continuous-Action Elevators and Conveyors in China
In 2022, continuous-action elevators and conveyors imports into China declined notably to 45K units, with a decrease of -22.1% against the previous year's figure. Over the period under review, imports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of 57K units, and then dropped sharply in the following year.
In value terms, continuous-action elevators and conveyors imports shrank to $765M in 2022. In general, imports recorded a deep downturn. The smallest decline of -3.1% was in 2021. Over the period under review, imports reached the peak figure at $1B in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Continuous-Action Elevators and Conveyors in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 286 | 259 | 254 | 228 | -7.3% |
| Japan | 182 | 166 | 164 | 108 | -16.0% |
| South Korea | 149 | 103 | 85.1 | 89.7 | -15.6% |
| Taiwan (Chinese) | 95.0 | 94.8 | 89.7 | 86.4 | -3.1% |
| United States | 81.9 | 63.2 | 63.0 | 78.7 | -1.3% |
| Italy | 57.4 | 82.5 | 69.0 | 41.3 | -10.4% |
| Thailand | 6.1 | 6.2 | 4.7 | 4.5 | -9.6% |
| Others | 176 | 143 | 159 | 128 | -10.1% |
| Total | 1,032 | 917 | 889 | 765 | -9.5% |
Top Suppliers of Continuous-Action Elevators and Conveyors to China in 2022:
- Japan (21.5K units)
- Germany (7.2K units)
- Taiwan (Chinese) (3.5K units)
- United States (3.2K units)
- South Korea (2.4K units)
- Italy (1.2K units)
- Thailand (0.9K units)
This report provides an in-depth analysis of the market for continuous-action elevators and conveyors in China. 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 28221740 - Pneumatic elevators and conveyors
- Prodcom 28221750 - Bucket type continuous-action elevators and conveyors for goods or materials
- Prodcom 28221770 - Belt type continuous-action elevators and conveyors for goods or materials
- Prodcom 28221793 - Roller conveyors for goods or materials (excluding pneumatic elevators and conveyors, those specially designed for use underground, bucket type, belt type)
- Prodcom 28221795 - Continuous-action elevators or conveyors for goods or materials (excluding pneumatic elevators or conveyors, those designed for use underground, bucket type, belt type, roller conveyors)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
-
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
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