Eastern Asia: Electrically Operated Lift Market 2020

Electrically Operated Lift Market Size in Eastern Asia

The revenue of the electrically operated lift market in Eastern Asia amounted to $X in 2017, picking up by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2009, with an increase of X% against the previous year. The level of electrically operated lift consumption peaked in 2017, and is likely to see steady growth in the immediate term.

Electrically Operated Lift Production in Eastern Asia

In 2017, production of electrically operated lifts and skip hoists in Eastern Asia totaled X units, reducing by -X% against the previous year. The electrically operated lift production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. The volume of electrically operated lift production peaked of X units in 2016, and then declined slightly in the following year.

Electrically Operated Lift Exports in Eastern Asia

The exports totaled X units in 2017, growing by X% against the previous year. The electrically operated lift exports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2008, with an increase of X% year-to-year. The volume of exports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, electrically operated lift exports totaled $X in 2017. The electrically operated lift exports continue to indicate a prominent increase. Over the period under review, the electrically operated lift exports attained its peak figure level in 2017, and are likely to continue its growth in the immediate term.

Electrically Operated Lift Exports by Country in Eastern Asia

China dominates electrically operated lift exports structure, finishing at X units, which was approx. X% of total exports in 2017. It was distantly followed by Japan (X units) and South Korea (X units), together making up X% share of total exports.

China was also the fastest growing in terms of the electrically operated lifts and skip hoists exports, with a CAGR of +X% from 2007 to 2017. Japan and South Korea experienced a relatively flat trend pattern. From 2007 to 2017, the share of China decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest electrically operated lift supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

In China, electrically operated lift exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Japan (+X% per year) and South Korea (-X% per year).

Electrically Operated Lift Export Prices by Country in Eastern Asia

In 2017, the electrically operated lift export price in Eastern Asia amounted to $X thousand per unit, remaining stable against the previous year. The electrically operated lift export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, an increase of X% against the previous year. In that year, the export prices for electrically operated lifts and skip hoists reached their peak level of $X thousand per unit. From 2010 to 2017, growth of the export prices for electrically operated lifts and skip hoists failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was South Korea ($X thousand per unit), while China ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Electrically Operated Lift Imports in Eastern Asia

In 2017, approx. X units of electrically operated lifts and skip hoists were imported in Eastern Asia; growing by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2017, when imports increased by X% year-to-year. In that year, the electrically operated lift imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, electrically operated lift imports amounted to $X in 2017. The total imports indicated a slight expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electrically operated lift imports decreased by -X% against 2014 indices. Over the period under review, the electrically operated lift imports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Electrically Operated Lift Imports by Country in Eastern Asia

In 2017, China (X units) represented the key importer for electrically operated lifts and skip hoists, making up X% of total imports. Taiwan, Chinese (X units) ranks second in terms of the global imports with a X% share, followed by South Korea (X%), Japan (X%) and China, Hong Kong SAR (X%).

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported electrically operated lifts and skip hoists in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China was relatively modest. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and China, Hong Kong SAR (-X% per year).

Electrically Operated Lift Import Prices by Country in Eastern Asia

In 2017, the electrically operated lift import price in Eastern Asia amounted to $X thousand per unit, falling by -X% against the previous year. The electrically operated lift import price continues to indicate a measured decrease. The pace of growth was the most pronounced in 2011, an increase of X% year-to-year. Over the period under review, the import prices for electrically operated lifts and skip hoists reached its peak figure level of $X thousand per unit in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China, Hong Kong SAR ($X thousand per unit), while Taiwan, Chinese ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform