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

Market Size for Lifts, Elevators, Moving Stairways and Draglines in Ireland

The Irish market for lifts, elevators, moving stairways and draglines surged to $X in 2022, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Lifts, Elevators, Moving Stairways and Draglines

Exports from Ireland

In 2022, approx. X units of lifts, elevators, moving stairways and draglines were exported from Ireland; dropping by X% compared with the previous year's figure. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then reduced dramatically in the following year.

In value terms, lift, elevator, stairway and dragline exports declined remarkably to $X in 2022. Over the period under review, exports saw a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for lift, elevator, stairway and dragline exports from Ireland, accounting for a X% share of total exports. Moreover, lift, elevator, stairway and dragline exports to the UK exceeded the volume sent to the second major destination, Hungary (X units), twofold. Slovakia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Slovakia (X% per year).

In value terms, the UK ($X) remains the key foreign market for lifts, elevators, moving stairways and draglines exports from Ireland, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with an X% share of total exports. It was followed by the United States, with an X% share.

From 2012 to 2022, the average annual growth rate of value to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average export price for lifts, elevators, moving stairways and draglines amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price, however, saw a perceptible descent. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lifts, Elevators, Moving Stairways and Draglines

Imports into Ireland

Lift, elevator, stairway and dragline imports into Ireland skyrocketed to X units in 2022, with an increase of X% against 2021. Overall, imports recorded resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, lift, elevator, stairway and dragline imports soared to $X in 2022. In general, imports posted resilient growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Spain (X units) constituted the largest supplier of lift, elevator, stairway and dragline to Ireland, accounting for a X% share of total imports. Moreover, lift, elevator, stairway and dragline imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The third position in this ranking was taken by the UK (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the UK (X% per year).

In value terms, the UK ($X), Italy ($X) and Spain ($X) were the largest lift, elevator, stairway and dragline suppliers to Ireland, with a combined X% share of total imports. Finland, the Netherlands, China, Greece, Sweden, Germany and the United States lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for lifts, elevators, moving stairways and draglines stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the import price showed a abrupt slump. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform