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China - Escalators And Moving Walkways - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jun 1, 2025

China - Escalators And Moving Walkways - Market Analysis, Forecast, Size, Trends and Insights

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Jun 15, 2023

China's Escalator Price Reduces Modestly to $30,634 per Unit

China Escalator Export Price in April 2023

In April 2023, the escalator price stood at $30,634 per unit (FOB, China), dropping by -6.8% against the previous month. Overall, the export price continues to indicate a mild setback. The most prominent rate of growth was recorded in May 2022 an increase of 23% against the previous month. As a result, the export price attained the peak level of $43.2M per thousand units. From June 2022 to April 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In April 2023, the country with the highest price was France ($72,133 per unit), while the average price for exports to India ($21,109 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Escalator in China (USD per unit)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
France68,840108,31772,61976,552112,41295,64461,92866,55758,69383,13234,66476,47172,133
Turkey16,76059,16529,98438,15330,24218,05819,68951,78538,98350,15367,22553,91142,359
South Korea39,30936,12332,37539,23145,56445,49535,27636,02431,94137,47036,08431,39935,949
Singapore30,157116,47546,82165,88937,70880,55835,38553,31051,38595,44362,06846,56330,017
Thailand36,53928,27620,57721,24322,13224,91026,32828,19334,12526,30523,42828,42227,658
KuwaitN/A21,33731,91825,19025,17224,36621,17321,66028,15617,78829,33022,25726,365
Mexico57,49333,06325,63823,52624,12029,47524,65520,06324,61625,55522,27825,12025,840
Malaysia23,17233,97923,00619,41825,28224,11724,67324,33723,44926,54623,11835,80725,315
Nigeria18,35029,13314,63930,330N/A15,95032,60014,667N/A38,915N/A24,17124,845
Russia13,76022,24627,75125,81423,35828,37734,15326,47616,97023,23618,58714,59223,917
Philippines20,83227,31413,68124,95614,72228,61419,75530,16222,05117,86321,66819,91722,580
Indonesia31,34324,22520,11522,21518,75419,90923,52122,40421,04623,80821,32123,77722,107
India23,48229,99829,75826,37730,25740,81126,92636,38937,52025,45226,24337,45921,109
Average35,00943,20030,90433,86334,26633,18230,55233,89330,06033,08331,92632,88530,634

China Escalator Exports

In April 2023, shipments abroad of escalators and moving WalkWays increased by 7.9% to 1.2K units, rising for the second consecutive month after two months of decline. In general, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in June 2022 with an increase of 71% against the previous month. The exports peaked at 1.6K units in July 2022; however, from August 2022 to April 2023, the exports remained at a lower figure.

In value terms, escalator exports totaled $37M (IndexBox estimates) in April 2023. Overall, exports saw a strong expansion. The growth pace was the most rapid in July 2022 with an increase of 64% against the previous month. As a result, the exports attained the peak of $54M. From August 2022 to April 2023, the growth of the exports failed to regain momentum.

China Escalator Exports by Country

South Korea (115 units), India (102 units) and Mexico (91 units) were the main destinations of escalator exports from China, together accounting for 25% of total exports. Nigeria, Thailand, Kuwait, the Philippines, Malaysia, Indonesia, France, Singapore, Russia and Turkey lagged somewhat behind, together accounting for a further 38%.

From April 2022 to April 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nigeria (with a CAGR of +35.3%), while the other leaders experienced more modest paces of growth.

In value terms, South Korea ($4.1M), France ($2.8M) and Mexico ($2.4M) constituted the largest markets for escalator exported from China worldwide, together accounting for 25% of total exports. These countries were followed by India, Thailand, Nigeria, Kuwait, Turkey, Malaysia, Singapore, the Philippines, Indonesia and Russia, which together accounted for a further 36%.

Among the main countries of destination, Nigeria, with a CAGR of +38.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the escalator market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28221670 - Escalators and moving walkways

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, By Product
    11. Average Per Capita Consumption, By Product
    12. Exports and Growth, By Product
    13. Export Prices and Growth, By Product
    14. Production Volume and Growth
    15. Exports and Growth
    16. Export Prices and Growth
    17. Market Size and Growth
    18. Per Capita Consumption
    19. Imports and Growth
    20. Import Prices
    21. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country, 2012–2024
    29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country, 2012–2024

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