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

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

The global market for bucket type continuous-action elevators and conveyors for goods or materials rose to $X in 2022, with an increase of X% against the previous year. Overall, consumption showed a strong expansion. Global consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of bucket type continuous-action elevators and conveyors for goods or materials expanded to $X in 2022 estimated in export price. In general, production posted buoyant growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, global production of reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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

Exports

In 2022, approx. X units of bucket type continuous-action elevators and conveyors for goods or materials were exported worldwide; rising by X% compared with 2021 figures. Overall, exports saw slight growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the global exports of remained at a somewhat lower figure.

In value terms, exports of bucket type continuous-action elevators and conveyors for goods or materials surged to $X in 2022. In general, exports, however, showed a perceptible setback. The pace of growth appeared the most rapid in 2021 with an increase of X%. The global exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, China (X units) represented the major exporter of bucket type continuous-action elevators and conveyors for goods or materials, mixing up X% of total exports. Colombia (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Italy (X%). Singapore (X units), Germany (X units), India (X units), Brazil (X units), the Netherlands (X units), Canada (X units), Russia (X units) and the United States (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to bucket type continuous-action elevator and conveyor exports from China stood at X%. At the same time, Colombia (X%), Italy (X%), the Netherlands (X%), India (X%), Canada (X%), Russia (X%) and Brazil (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, the United States (X%) and Singapore (X%) illustrated a downward trend over the same period. China (X p.p.), Colombia (X p.p.) and Italy (X p.p.) significantly strengthened its position in terms of the global exports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest bucket type continuous-action elevator and conveyor supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Germany ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (X% per year) and Italy (X% per year).

Export Prices by Country

The average export price for bucket type continuous-action elevators and conveyors for goods or materials stood at $X per unit in 2022, remaining relatively unchanged against the previous year. In general, the export price showed a pronounced contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. The global export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 the United States ($X per unit), while Colombia ($X per unit) was amongst the lowest.

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

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

Imports

Global imports of bucket type continuous-action elevators and conveyors for goods or materials stood at X units in 2022, picking up by X% compared with the previous year's figure. Overall, imports recorded prominent growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, global imports of reached the peak figure at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of bucket type continuous-action elevators and conveyors for goods or materials stood at $X in 2022. Over the period under review, imports, however, continue to indicate a mild decline. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of global imports of remained at a lower figure.

Imports by Country

In 2022, Brazil (X units), distantly followed by South Africa (X units), the United States (X units), Kuwait (X units) and Thailand (X units) represented the major importers of bucket type continuous-action elevators and conveyors for goods or materials, together generating X% of total imports. Rwanda (X units), Russia (X units), the Philippines (X units), China (X units), Australia (X units), India (X units), Burundi (X units) and Vietnam (X units) took a minor share of total imports.

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

In value terms, China ($X), Vietnam ($X) and Brazil ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of global imports. Thailand, Russia, the United States, Australia, Kuwait, the Philippines, India, Rwanda, South Africa and Burundi lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Rwanda, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for bucket type continuous-action elevators and conveyors for goods or materials amounted to $X per unit, rising by X% against the previous year. Overall, the import price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 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 ($X per unit), while Burundi ($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 a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :