China - Underground Continuous-Action Elevators And Conveyors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUnderground Continuous-Action Elevator Price in China - 2023
Contents:
- Underground Continuous-Action Elevator Price in China (CIF) - 2022
- Underground Continuous-Action Elevator Price in China (FOB) - 2022
- Underground Continuous-Action Elevator Imports in China
- Underground Continuous-Action Elevator Exports in China
Underground Continuous-Action Elevator Price in China (CIF) - 2022
In 2022, the average underground continuous-action elevator import price amounted to $114,455 per unit, with an increase of 12% against the previous year. Overall, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 132%. The import price peaked in 2022 and is likely to continue growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +15.5% per year.
Underground Continuous-Action Elevator Price in China (FOB) - 2022
In 2022, the average underground continuous-action elevator export price amounted to $26,805 per unit, rising by 152% against the previous year. In general, the export price, however, showed a slight downturn. The export price peaked at $30,190 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($253,725 per unit), while the average price for exports to Vietnam ($17,580 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 (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.
Underground Continuous-Action Elevator Imports in China
In 2022, approx. 153 units of underground continuous-action elevators and conveyors were imported into China; waning by -18.6% on 2021. In general, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. Over the period under review, imports attained the peak figure at 219 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, underground continuous-action elevator imports reduced to $18M in 2022. Over the period under review, total imports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, imports attained the peak of $19M, and then reduced in the following year.
| Import of Underground Continuous-Action Elevator in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.2 | 11.6 | 18.9 | 17.6 | 7.4% |
| Poland | 1.5 | 0.3 | 0.2 | N/A | -63.5% |
| Belgium | 0.4 | 0.2 | N/A | N/A | -50.0% |
| Others | 0.5 | N/A | N/A | N/A | 0% |
| Total | 16.6 | 12.2 | 19.2 | 17.6 | 2.0% |
Top Suppliers of Underground Continuous-Action Elevator to China in 2022:
- Germany (153.0 units)
Underground Continuous-Action Elevator Exports in China
Underground continuous-action elevator exports from China skyrocketed to 1K units in 2022, increasing by 18% against the previous year's figure. In general, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, underground continuous-action elevator exports soared to $27M in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Underground Continuous-Action Elevator in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 4.5 | 1.1 | 1.7 | 21.0 | 67.1% |
| Russia | N/A | 1.7 | N/A | 3.7 | 47.5% |
| Vietnam | 0.5 | 1.1 | 0.1 | 0.2 | -26.3% |
| Ukraine | 0.8 | N/A | N/A | N/A | 0% |
| Others | 2.4 | 2.7 | 7.3 | 2.0 | -5.9% |
| Total | 8.1 | 6.6 | 9.0 | 26.9 | 49.2% |
Top Export Markets for Underground Continuous-Action Elevator from China in 2022:
- Turkey (942.0 units)
- Russia (28.0 units)
- Vietnam (11.0 units)
This report provides an in-depth analysis of the underground continuous-action elevator market 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 28921100 - Continuous-action elevators and conveyors, for underground use
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
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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
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