Europe: Escalator Market 2024

Escalator Market Size in Europe

In 2022, the Europe escalator market increased by X% to $X, rising for the second consecutive year after six years of decline. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Escalator Production in Europe

In value terms, escalator production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Escalator Exports

Exports in Europe

Escalator exports fell to X units in 2022, shrinking by X% on the year before. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, escalator exports contracted to $X in 2022. Overall, exports recorded a deep slump. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The shipments of the eight major exporters of escalators and moving WalkWays, namely Spain, Germany, Slovakia, the Czech Republic, Poland, Austria, the Netherlands and Italy, represented more than two-thirds of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest escalator supplying countries in Europe were Germany ($X), Spain ($X) and Austria ($X), with a combined X% share of total exports. The Czech Republic, Italy, Slovakia, the Netherlands and Poland lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, saw the highest growth rate of 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

The export price in Europe stood at $X per unit in 2022, picking up by X% against the previous year. Export price indicated perceptible growth from 2012 to 2022: its price 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 appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while Poland ($X per unit) was amongst the lowest.

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

Escalator Imports

Imports in Europe

In 2022, the amount of escalators and moving WalkWays imported in Europe expanded notably to X units, increasing by X% on the previous year. Over the period under review, imports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, escalator imports reached $X in 2022. Overall, imports, however, recorded a pronounced shrinkage. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, France (X units), distantly followed by Russia (X units), Germany (X units), the Czech Republic (X units), Spain (X units), Italy (X units) and the Netherlands (X units) were the major importers of escalators and moving WalkWays, together achieving X% of total imports. The UK (X units), Denmark (X units), Poland (X units), Austria (X units), Switzerland (X units) and Greece (X units) followed a long way behind the leaders.

Imports into France increased at an average annual rate of X% from 2012 to 2022. At the same time, Denmark (X%), Spain (X%), Greece (X%), the Netherlands (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. By contrast, Austria (X%), Poland (X%), Italy (X%), Germany (X%), the UK (X%), Russia (X%) and Switzerland (X%) illustrated a downward trend over the same period. While the share of France (X p.p.), Spain (X p.p.), the Czech Republic (X p.p.), Denmark (X p.p.) and the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Italy (X p.p.), Switzerland (X p.p.), the UK (X p.p.), Germany (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, France ($X) constitutes the largest market for imported escalators and moving WalkWays in Europe, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by Spain, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in France amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, stabilizing at the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit, leveling off in the following year.

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 Germany ($X per unit), while Russia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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