Underground Continuous-action Elevator Market

Underground continuous-action elevator market: get the latest statistics provided by an Ai-driven BI tool. Datasets cover consumption, market prices, companies, production, trade, market size, imports, and exports. Here is a split by region, including Africa, Latin America, the Middle East, Russia, the U.S., China, EU, and the U.K. Market dynamics and forecast to 2030 are also featured in the dashboards.


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Underground Continuous-action Elevator - World's Largest Markets

RatingCountry
1China
2South Korea
3United States
4India
5Argentina

In value terms, the largest underground continuous-action elevator markets worldwide were China, South Korea and the United States, with a combined 28% share of the global market. These countries were followed by India, Argentina and Slovenia, which together accounted for a further 1.8%.

Slovenia (+516.5% per year) saw the highest growth rate of market size, among the main consuming countries over the period under review, while underground continuous-action elevator market for the other global leaders experienced more modest paces of growth.

Underground Continuous-Action Elevator Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
India6362513317-94.8%
Australia2922117542721-84.3%
Colombia15189129722116-62.7%
Spain537347274147-12.1%
South Korea437652204248-1.5%
Canada697056226398-4.2%
Germany2176085897460-41.4%
China210412039610764-28.5%
Switzerland172011094015661-4.6%
United Kingdom2176424210262089.7%
Poland21847262572798813.2%
Average179141072214352-10.5%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Poland ($27,988 per unit), while India ($17 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the other global leaders experienced mixed trends in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Russia1158187458338-15.1%
Argentina576566556-1.8%
South Korea4503266923-92.9%
Slovenia0.20.10.1-20.9%
Average34077830403-65.6%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Russia ($8,338 per unit), while Slovenia ($0.1 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Argentina, while the other global leaders experienced a decline in the import price figures.

Underground Continuous-Action Elevator - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
Russia494846-2.8%
Argentina0.20.76.5459.8%
South Korea0.80.30.4-25.7%
Slovenia0.0010490.0002830.03400.4%

In value terms, Russia ($46M) constitutes the largest market for imported underground continuous-action elevators and conveyors worldwide, comprising 35% of global imports. The second position in the ranking was occupied by Argentina ($6.5M), with a 5% share of global imports. It was followed by South Korea, with a 0.3% share.

From 2018 to 2020, the average annual growth rate of value in Russia stood at -2.8%. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (+459.8% per year) and South Korea (-25.7% per year).

Underground Continuous-Action Elevator - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Poland23283521.6%
United Kingdom17212522.2%
Germany426813-44.0%
China438.16.6-61.0%
Switzerland9.25.63.9-35.1%

In value terms, Poland ($35M), the UK ($25M) and Germany ($13M) constituted the countries with the highest levels of exports in 2020, with a combined 67% share of global exports. These countries were followed by China, Switzerland, Canada, South Korea, Spain, Colombia, Australia and India, which together accounted for a further 15%.

Among the main exporting countries, Colombia (+189.7% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Underground Continuous-Action Elevator - Market Forecast

Driven by rising demand for underground continuous-action elevator worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Underground Continuous-action Elevator - Product Coverage

  • HS 842831 - Elevators and conveyors; continuous-action, specially designed for underground use, for goods and materials, n.e.s. in heading no. 8428
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World - Underground Continuous-Action Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global underground continuous-action elevator market.

Africa - Underground Continuous-Action Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the underground continuous-action elevator market in Africa.

South-Eastern Asia - Underground Continuous-Action Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the underground continuous-action elevator market in South-Eastern Asia.

Eastern Asia - Underground Continuous-Action Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the underground continuous-action elevator market in Eastern Asia.

Australia and Oceania - Underground Continuous-Action Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the underground continuous-action elevator market in Australia and Oceania.

Central Asia - Underground Continuous-Action Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the underground continuous-action elevator market in Central Asia.

Latin America and the Caribbean - Underground Continuous-Action Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the underground continuous-action elevator market in Latin America and the Caribbean.

Southern Asia - Underground Continuous-Action Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the underground continuous-action elevator market in Southern Asia.

Middle East - Underground Continuous-Action Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the underground continuous-action elevator market in the Middle East.

Northern America - Underground Continuous-Action Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the underground continuous-action elevator market in Northern America.

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