EU: Market for Lifts, Elevators, Moving Stairways and Draglines 2024

Market Size for Lifts, Elevators, Moving Stairways and Draglines in the EU

After two years of growth, the EU market for lifts, elevators, moving stairways and draglines decreased by X% to $X in 2022. Overall, consumption, however, enjoyed a prominent expansion. The level of consumption peaked at $X in 2021, and then reduced in the following year.

Production of Lifts, Elevators, Moving Stairways and Draglines in the EU

In value terms, lift, elevator, stairway and dragline production declined to $X in 2022 estimated in export price. In general, production saw a slight decline. The growth pace was the most rapid in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Lifts, Elevators, Moving Stairways and Draglines

Exports in the EU

In 2022, overseas shipments of lifts, elevators, moving stairways and draglines were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, lift, elevator, stairway and dragline exports amounted to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2017 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X units) and Italy (X units) were the key exporters of lifts, elevators, moving stairways and draglines in 2022, amounting to approx. X% and X% of total exports, respectively. It was distantly followed by Slovakia (X units), Germany (X units), France (X units) and the Netherlands (X units), together constituting a X% share of total exports. Austria (X units), Belgium (X units), Sweden (X units), Finland (X units) and Greece (X units) took a little share 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, the largest lift, elevator, stairway and dragline supplying countries in the European Union were Italy ($X), Spain ($X) and Germany ($X), with a combined X% share of total exports. The Netherlands, Slovakia, France, Austria, Sweden, Belgium, Greece and Finland lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to 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

The export price in the European Union stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum 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 Sweden ($X per unit), while Finland ($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.

Imports of Lifts, Elevators, Moving Stairways and Draglines

Imports in the EU

In 2022, approx. X units of lifts, elevators, moving stairways and draglines were imported in the European Union; growing by X% compared with the previous year's figure. Over the period under review, imports showed a prominent expansion. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the near future.

In value terms, lift, elevator, stairway and dragline imports reached $X in 2022. Total imports indicated a tangible expansion 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 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

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

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lift, elevator, stairway and dragline importing markets in the European Union were the Netherlands ($X), France ($X) and Germany ($X), with a combined X% share of total imports. Italy, Sweden, Poland, Belgium, Spain, Austria, Finland, Portugal and Romania lagged somewhat behind, together accounting for a further X%.

Sweden, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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

In 2022, the import price in the European Union amounted to $X per unit, standing approx. at the previous year. Over the period under review, the import price, however, continues to indicate a noticeable slump. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform