China - Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

China - Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type - Market Analysis, Forecast, Size, Trends And Insights

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Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in China - 2023

Contents:

  1. Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in China (FOB) - 2022
  2. Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in China (CIF) - 2022
  3. Exports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in China
  4. Imports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in China

Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in China (FOB) - 2022

In 2022, the average export price for elevators and conveyors other than pneumatic, belt- or bucket-type amounted to $1,697 per unit, falling by -55.1% against the previous year. In general, the export price saw a abrupt contraction. The growth pace was the most rapid in 2013 when the average export price increased by 18%. As a result, the export price reached the peak level of $8,369 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

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 ($8,142 per unit), while the average price for exports to Iraq ($627 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 India (-1.2%), while the prices for the other major destinations experienced a decline.

Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in China (CIF) - 2022

The average import price for elevators and conveyors other than pneumatic, belt- or bucket-type stood at $20,469 per unit in 2022, dropping by -20.7% against the previous year. Over the period under review, the import price, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2013 an increase of 685% against the previous year. The import price peaked at $35,034 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 ($63,989 per unit), while the price for Japan ($6,475 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in China

In 2022, approx. 673K units of elevators and conveyors other than pneumatic, belt- or bucket-type were exported from China; picking up by 172% compared with 2021. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of elevators and conveyors other than pneumatic, belt- or bucket-type soared to $1.1B in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia68.041.158.194.311.5%
Vietnam96.071.086.689.1-2.5%
India54.340.259.278.913.3%
United States41.244.964.578.924.2%
Japan39.344.532.859.214.6%
Malaysia31.336.930.352.318.7%
South Korea27.127.255.945.819.1%
Taiwan (Chinese)16.915.126.530.121.2%
Russia9.832.231.628.041.9%
Australia15.516.422.326.619.7%
Cambodia6.87.014.416.634.6%
Canada4.82.95.08.119.1%
Iraq1.11.60.45.065.7%
Others37236245053012.5%
Total7847439371,14313.4%

Top Export Markets for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type from China in 2022:

  1. United States (78.7K units)
  2. Malaysia (37.3K units)
  3. Vietnam (23.5K units)
  4. Japan (22.4K units)
  5. Australia (22.2K units)
  6. India (12.6K units)
  7. South Korea (11.8K units)
  8. Indonesia (11.6K units)
  9. Russia (11.5K units)
  10. Cambodia (10.7K units)
  11. Iraq (7.9K units)
  12. Canada (7.1K units)
  13. Taiwan (Chinese) (6.1K units)

Imports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in China

In 2022, approx. 24K units of elevators and conveyors other than pneumatic, belt- or bucket-type were imported into China; increasing by 13% compared with the previous year. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of elevators and conveyors other than pneumatic, belt- or bucket-type dropped to $498M in 2022. Over the period under review, imports, however, showed a abrupt descent. The smallest decline of -2% was in 2021. Over the period under review, imports of reached the maximum at $633M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany141119134107-8.8%
South Korea12177.870.180.9-12.6%
Taiwan (Chinese)76.079.573.977.90.8%
Japan12012093.674.1-14.8%
United States53.338.651.656.31.8%
Italy20.135.345.421.92.9%
Thailand3.42.83.93.51.0%
Others99.093.482.475.9-8.5%
Total633566554498-7.7%

Top Suppliers of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type to China in 2022:

  1. Japan (11.4K units)
  2. Taiwan (Chinese) (2.8K units)
  3. Germany (2.6K units)
  4. United States (2.5K units)
  5. South Korea (1.3K units)
  6. Italy (0.6K units)
  7. Thailand (0.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for elevators and conveyors other than pneumatic, belt- or bucket-type 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 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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