Overview of the Global Market for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Market Size for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

The global market for belt type continuous-action elevators and conveyors for goods or materials shrank slightly to $X in 2022, falling by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, the global market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

In value terms, production of belt type continuous-action elevators and conveyors for goods or materials shrank slightly to $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 2018 with an increase of X% against the previous year. Over the period under review, global production of reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Exports

In 2022, approx. X units of belt type continuous-action elevators and conveyors for goods or materials were exported worldwide; with an increase of X% against the previous year. In general, total exports indicated strong growth 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 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of belt type continuous-action elevators and conveyors for goods or materials rose markedly to $X in 2022. The total export 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 2021 when exports increased by X% against the previous year. The global exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

China was the main exporting country with an export of around X units, which amounted to X% of total exports. Mexico (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Germany (X%). The following exporters - Canada (X units), Singapore (X units), the United States (X units), the UK (X units), Italy (X units), Belarus (X units), Austria (X units), the Netherlands (X units), Latvia (X units) and Brazil (X units) - together made up X% of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Latvia (X%), Mexico (X%), Belarus (X%), the UK (X%), Canada (X%) and Italy (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. The Netherlands and Germany experienced a relatively flat trend pattern. By contrast, Singapore (X%), the United States (X%), Austria (X%) and Brazil (X%) illustrated a downward trend over the same period. China (X p.p.), Mexico (X p.p.), Belarus (X p.p.) and Latvia (X p.p.) significantly strengthened its position in terms of the global exports, while Austria, Singapore, the United States, Germany and Brazil saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of global exports. Austria, the Netherlands, Canada, the United States, the UK, Latvia, Mexico, Belarus, Brazil and Singapore lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Latvia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for belt type continuous-action elevators and conveyors for goods or materials amounted to $X per unit, which is down by X% against the previous year. Overall, the export price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Austria ($X per unit), while Singapore ($X per unit) was amongst the lowest.

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

Imports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Imports

Global imports of belt type continuous-action elevators and conveyors for goods or materials skyrocketed to X units in 2022, jumping by X% on 2021 figures. Over the period under review, total imports indicated a buoyant 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, global imports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of belt type continuous-action elevators and conveyors for goods or materials expanded rapidly to $X in 2022. The total import 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. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Global imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

The United States represented the key importer of belt type continuous-action elevators and conveyors for goods or materials in the world, with the volume of imports accounting for X units, which was near X% of total imports in 2022. India (X units) ranks second in terms of the total imports with a X% share, followed by Canada (X%), Singapore (X%), Mexico (X%) and Indonesia (X%). The following importers - China (X units), Germany (X units), Chile (X units), Malaysia (X units) and Vietnam (X units) - together made up X% of total imports.

Imports into the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, India (X%), Indonesia (X%), Malaysia (X%), Vietnam (X%), Singapore (X%), Germany (X%), Canada (X%) and China (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. By contrast, Chile (X%) and Mexico (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States, India, Indonesia and Singapore increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported belt type continuous-action elevators and conveyors for goods or materials worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with a X% share of global imports. It was followed by Vietnam, with a X% share.

In the United States, imports of belt type continuous-action elevators and conveyors for goods or materials expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (X% per year) and Vietnam (X% per year).

Import Prices by Country

The average import price for belt type continuous-action elevators and conveyors for goods or materials stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, average import prices attained the maximum at $X per unit in 2015; however, from 2016 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 Vietnam ($X per unit), while Singapore ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :