China - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Lift, Elevator, Stairway and Dragline in China - 2023
Contents:
- Price for Lift, Elevator, Stairway and Dragline in China (FOB) - 2022
- Price for Lift, Elevator, Stairway and Dragline in China (CIF) - 2022
- Exports of Lift, Elevator, Stairway and Dragline in China
- Imports of Lift, Elevator, Stairway and Dragline in China
Price for Lift, Elevator, Stairway and Dragline in China (FOB) - 2022
The average export price for lifts, elevators, moving stairways and draglines stood at $13,223 per unit in 2022, reducing by -5% against the previous year. Over the period under review, the export price saw a abrupt descent. The pace of growth appeared the most rapid in 2015 an increase of 9.9% against the previous year. As a result, the export price reached the peak level of $26,331 per unit. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($21,812 per unit), while the average price for exports to the United States ($5,122 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 Kazakhstan (-1.9%), while the prices for the other major destinations experienced a decline.
Price for Lift, Elevator, Stairway and Dragline in China (CIF) - 2022
In 2022, the average import price for lifts, elevators, moving stairways and draglines amounted to $28,545 per unit, which is down by -16.8% against the previous year. In general, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 24% against the previous year. The import price peaked at $68,866 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 ($54,902 per unit), while the price for Belgium ($7,923 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) (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Lift, Elevator, Stairway and Dragline in China
For the fourth year in a row, China recorded growth in shipments abroad of lifts, elevators, moving stairways and draglines, which increased by 11% to 169K units in 2022. The total export volume increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, lift, elevator, stairway and dragline exports rose significantly to $2.2B in 2022. The total export value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 15% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Lift, Elevator, Stairway and Dragline in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 96.0 | 89.9 | 104 | 135 | 12.0% |
| India | 112 | 89.2 | 88.7 | 124 | 3.5% |
| Russia | 91.9 | 85.9 | 96.5 | 118 | 8.7% |
| Malaysia | 115 | 122 | 111 | 102 | -3.9% |
| Vietnam | 106 | 77.2 | 80.2 | 93.8 | -4.0% |
| Indonesia | 103 | 68.5 | 85.3 | 93.1 | -3.3% |
| Kazakhstan | 31.2 | 35.8 | 48.8 | 75.6 | 34.3% |
| United Arab Emirates | 140 | 102 | 62.3 | 65.1 | -22.5% |
| Turkey | 66.6 | 68.3 | 103 | 63.7 | -1.5% |
| Philippines | 59.1 | 43.0 | 52.0 | 59.2 | 0.1% |
| Saudi Arabia | 47.2 | 40.2 | 61.8 | 58.3 | 7.3% |
| United States | 28.1 | 42.0 | 41.8 | 56.3 | 26.1% |
| Bangladesh | 40.9 | 40.8 | 52.3 | 51.5 | 8.0% |
| Others | 1,036 | 923 | 1,123 | 1,138 | 3.2% |
| Total | 2,074 | 1,828 | 2,111 | 2,233 | 2.5% |
Top Export Markets for Lift, Elevator, Stairway and Dragline from China in 2022:
- United States (11.0K units)
- Vietnam (8.7K units)
- Russia (8.6K units)
- Malaysia (8.2K units)
- Indonesia (8.0K units)
- Australia (6.6K units)
- India (5.7K units)
- Kazakhstan (5.7K units)
- Turkey (5.6K units)
- Philippines (4.8K units)
- Saudi Arabia (4.3K units)
- United Arab Emirates (4.3K units)
- Bangladesh (4.1K units)
Imports of Lift, Elevator, Stairway and Dragline in China
For the third consecutive year, China recorded decline in overseas purchases of lifts, elevators, moving stairways and draglines, which decreased by -6% to 4.4K units in 2022. Overall, imports recorded a abrupt slump. Over the period under review, imports attained the maximum at 7.2K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, lift, elevator, stairway and dragline imports plummeted to $126M in 2022. In general, imports continue to indicate a significant decrease. The smallest decline of -16.6% was in 2020. Over the period under review, imports hit record highs at $269M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Lift, Elevator, Stairway and Dragline in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 41.7 | 55.7 | 39.8 | 33.8 | -6.8% |
| Japan | 79.5 | 56.3 | 33.5 | 32.2 | -26.0% |
| Sweden | 39.8 | 38.7 | 35.5 | 21.9 | -18.1% |
| South Korea | 11.8 | 16.8 | 7.2 | 8.0 | -12.2% |
| Italy | 20.6 | 4.1 | 4.9 | 5.2 | -36.8% |
| United States | 3.5 | 8.4 | 4.1 | 3.9 | 3.7% |
| Spain | 2.5 | 2.8 | 1.5 | 3.6 | 12.9% |
| Singapore | 0.3 | 1.6 | 1.0 | 3.1 | 117.8% |
| Netherlands | 2.0 | 1.2 | 2.7 | 2.4 | 6.3% |
| United Kingdom | 2.2 | 1.6 | 1.1 | 1.1 | -20.6% |
| Belgium | 0.4 | 0.7 | 0.2 | 0.9 | 31.0% |
| France | 43.7 | 19.4 | 4.3 | 0.8 | -73.6% |
| Others | 20.5 | 16.6 | 25.1 | 8.9 | -24.3% |
| Total | 269 | 224 | 161 | 126 | -22.3% |
Top Suppliers of Lift, Elevator, Stairway and Dragline to China in 2022:
- Sweden (917.0 units)
- Germany (851.0 units)
- Japan (767.0 units)
- United States (495.0 units)
- Italy (413.0 units)
- Spain (193.0 units)
- Singapore (150.0 units)
- South Korea (146.0 units)
- Belgium (108.0 units)
- Netherlands (90.0 units)
- United Kingdom (82.0 units)
- France (5.0 units)
This report provides an in-depth analysis of the market for lift, elevator, stairway and dragline 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 28221630 - Electrically operated lifts and skip hoists
- Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
- Prodcom 28221670 - Escalators and moving walkways
- Prodcom 28221740 - Pneumatic elevators and conveyors
- Prodcom 28221820 - Teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars
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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