Global Lift And Hoist Market 2024

Lift And Hoist Market Size

The global lift and hoist market contracted to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption recorded a pronounced setback. Global consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Lift And Hoist Production

In value terms, lift and hoist production fell to $X in 2022 estimated in export price. In general, production saw a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. Global production peaked at $X in 2018; however, from 2019 to 2022, production remained at a 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

Lift And Hoist Exports

Exports

In 2022, global exports of lifts and hoists rose markedly to X units, with an increase of X% against the previous year. Overall, 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. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the global exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, lift and hoist exports totaled $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 remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the global exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

China (X units) and India (X units) represented roughly X% of total exports in 2022. Spain (X units) held the next position in the ranking, followed by Canada (X units), Italy (X units), Slovakia (X units) and Germany (X units). All these countries together held near X% share of total exports. The following exporters - the United States (X units), the Netherlands (X units), Turkey (X units), Belarus (X units) and Thailand (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Slovakia (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest lift and hoist supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Spain ($X), with an X% share of global exports. It was followed by Italy, with a X% share.

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

Export Prices by Country

In 2022, the average lift and hoist export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price showed a noticeable downturn. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while India ($X per unit) was amongst the lowest.

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

Lift And Hoist Imports

Imports

In 2022, the amount of lifts and hoists imported worldwide stood at X units, surging by X% compared with 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 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Global imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, lift and hoist imports totaled $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, global imports attained the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, the United States (X units), distantly followed by Canada (X units) represented the main importers of lifts and hoists, together comprising X% of total imports. Qatar (X units), the Philippines (X units), the UK (X units), India (X units), Russia (X units), Switzerland (X units), Australia (X units), the Netherlands (X units), Singapore (X units), Germany (X units) and Norway (X units) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, the Philippines (X%), Canada (X%), Germany (X%), the UK (X%), India (X%), Norway (X%), Australia (X%), the Netherlands (X%), Switzerland (X%) and Russia (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. By contrast, Qatar (X%) and Singapore (X%) illustrated a downward trend over the same period. The United States (X p.p.), Canada (X p.p.) and the Philippines (X p.p.) significantly strengthened its position in terms of the global imports, while Singapore and Qatar saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest lift and hoist importing markets worldwide were the UK ($X), the Netherlands ($X) and Russia ($X), with a combined X% share of global imports. The United States, Germany, Canada, Australia, Switzerland, India, Singapore, the Philippines, Norway and Qatar lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The average lift and hoist import price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible contraction. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :