EU: Lift And Hoist Market 2024

Lift And Hoist Market Size in the EU

In 2022, the EU lift and hoist market increased by X% to $X, rising for the fourth year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Lift And Hoist Production in the EU

In value terms, lift and hoist production declined slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

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Lift And Hoist Exports

Exports in the EU

In 2022, shipments abroad of lifts and hoists increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, lift and hoist exports expanded to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

In 2022, Spain (X units), distantly followed by Italy (X units), Slovakia (X units), Germany (X units) and the Netherlands (X units) were the largest exporters of lifts and hoists, together generating X% of total exports. The following exporters - France (X units) and Greece (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Slovakia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Italy ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. The Netherlands, Slovakia, France and Greece lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, declining by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Lift And Hoist Imports

Imports in the EU

In 2022, lift and hoist imports in the European Union rose remarkably to X units, growing by X% on 2021. Total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, lift and hoist imports expanded remarkably to $X in 2022. Total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

The Netherlands (X units), Germany (X units), France (X units), Poland (X units), Belgium (X units), Spain (X units), Sweden (X units), Austria (X units), Portugal (X units), Romania (X units), Ireland (X units) and the Czech Republic (X units) represented roughly X% of total imports in 2022.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lift and hoist importing markets in the European Union were the Netherlands ($X), Germany ($X) and France ($X), with a combined X% share of total imports. Sweden, Poland, Belgium, Austria, Spain, Portugal, Romania, Ireland and the Czech Republic lagged somewhat behind, together comprising a further X%.

Ireland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, remaining constant against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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