Europe: Market for Continuous-Action Elevators And Conveyors 2024

Market Size for Continuous-Action Elevators And Conveyors in Europe

In 2022, the Europe continuous-action elevators and conveyors market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a deep reduction. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Continuous-Action Elevators And Conveyors in Europe

In value terms, continuous-action elevators and conveyors production dropped modestly to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Continuous-Action Elevators And Conveyors

Exports in Europe

In 2022, shipments abroad of continuous-action elevators and conveyors increased by X% to X units, rising for the sixth year in a row after two years of decline. Total exports indicated a noticeable expansion 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, continuous-action elevators and conveyors exports declined slightly 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 somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

In 2022, Germany (X units), distantly followed by Italy (X units), the Netherlands (X units), Austria (X units), France (X units), Poland (X units) and the Czech Republic (X units) represented the key exporters of continuous-action elevators and conveyors, together constituting X% of total exports. The following exporters - Denmark (X units), Spain (X units), Sweden (X units), Latvia (X units), Belgium (X units) and Finland (X units) - together made up X% of total exports.

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

In value terms, the largest continuous-action elevators and conveyors supplying countries in Europe were Germany ($X), Italy ($X) and Austria ($X), with a combined X% share of total exports. The Netherlands, Denmark, Poland, France, the Czech Republic, Spain, Sweden, Belgium, Latvia and Finland lagged somewhat behind, together accounting for a further X%.

Latvia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries 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 Europe amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the export price saw a mild curtailment. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, the export prices reached the maximum at $X per unit in 2017; however, from 2018 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 Austria ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Continuous-Action Elevators And Conveyors

Imports in Europe

In 2022, the amount of continuous-action elevators and conveyors imported in Europe was estimated at X units, growing by X% on 2021 figures. Overall, imports saw strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, continuous-action elevators and conveyors imports stood at $X in 2022. Total imports indicated prominent growth 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 pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X units), distantly followed by Russia (X units), Norway (X units), Switzerland (X units), France (X units), the Netherlands (X units), Italy (X units) and Poland (X units) were the key importers of continuous-action elevators and conveyors, together constituting X% of total imports. Spain (X units), Austria (X units), Belgium (X units), Sweden (X units) and the UK (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to continuous-action elevators and conveyors imports into Germany stood at X%. At the same time, Spain (X%), Sweden (X%), Austria (X%), the Netherlands (X%), Italy (X%), Belgium (X%), France (X%), Poland (X%), the UK (X%), Norway (X%), Russia (X%) and Switzerland (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. While the share of Germany (X p.p.), the Netherlands (X p.p.), France (X p.p.), Italy (X p.p.), Spain (X p.p.), Austria (X p.p.), Poland (X p.p.), Sweden (X p.p.) and Belgium (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Norway (X p.p.), Switzerland (X p.p.) and Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Russia ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. The Netherlands, France, Italy, Spain, Switzerland, Poland, Sweden, Austria, Belgium and Norway lagged somewhat behind, together comprising a further X%.

Sweden, with a CAGR of X%, saw 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

In 2022, the import price in Europe amounted to $X per unit, falling by X% against the previous year. In general, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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