Italy: Underground Continuous-Action Elevator Market 2024

Underground Continuous-Action Elevator Market Size in Italy

The Italian underground continuous-action elevator market fell to $X in 2022, shrinking by X% against the previous year. The market 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. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Underground Continuous-Action Elevator Production in Italy

In value terms, underground continuous-action elevator production dropped slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a perceptible 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Underground Continuous-Action Elevator Exports

Exports from Italy

In 2022, the amount of underground continuous-action elevators and conveyors exported from Italy soared to X units, jumping by X% against the year before. Over the period under review, exports, however, showed a abrupt descent. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, underground continuous-action elevator exports skyrocketed to $X in 2022. In general, exports, however, recorded a abrupt decrease. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Denmark (X units) was the main destination for underground continuous-action elevator exports from Italy, with a X% share of total exports. Moreover, underground continuous-action elevator exports to Denmark exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. The third position in this ranking was taken by Switzerland (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Denmark was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Switzerland (X% per year).

In value terms, Denmark ($X) emerged as the key foreign market for underground continuous-action elevators and conveyors exports from Italy, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Denmark was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Switzerland (X% per year).

Export Prices by Country

The average underground continuous-action elevator export price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to the UK ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Underground Continuous-Action Elevator Imports

Imports into Italy

In 2022, supplies from abroad of underground continuous-action elevators and conveyors increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, underground continuous-action elevator imports dropped remarkably to $X in 2022. In general, imports, however, recorded a abrupt decline. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main underground continuous-action elevator supplier to Italy, accounting for a X% share of total imports. Moreover, underground continuous-action elevator imports from China exceeded the figures recorded by the second-largest supplier, Switzerland (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%.

In value terms, China ($X) constituted the largest supplier of underground continuous-action elevators and conveyors to Italy, comprising X% of total imports. The second position in the ranking was taken by Switzerland ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%.

Import Prices by Country

In 2022, the average underground continuous-action elevator import price amounted to $X per unit, which is down by X% against the previous year. Overall, the import price showed a pronounced decline. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for China totaled $X per unit.

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

Source: IndexBox Platform

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