Canada: Escalator Market 2025

Escalator Market Size in Canada

The Canadian escalator market contracted slightly to $X in 2022, with a decrease of -2.9% against the previous year. Overall, consumption saw a noticeable setback. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Escalator Production in Canada

In value terms, escalator production declined modestly to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced contraction. The growth pace was the most rapid in 2014 with an increase of 59%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Escalator Exports

Exports from Canada

Escalator exports from Canada soared to X units in 2022, jumping by 131% compared with the previous year's figure. Over the period under review, exports posted buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 450%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, escalator exports reduced sharply to $X in 2022. Overall, exports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2016 when exports increased by 665%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X units) was the main destination for escalator exports from Canada, accounting for a 93% share of total exports. Moreover, escalator exports to Japan exceeded the volume sent to the second major destination, the United States (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan totaled +8.8%.

In value terms, the United States ($X) remains the key foreign market for escalators and moving WalkWays exports from Canada, comprising 76% of total exports. The second position in the ranking was taken by Japan ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +1.3%.

Export Prices by Country

The average escalator export price stood at $X per unit in 2022, reducing by -92.6% against the previous year. In general, the export price saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 155%. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Japan stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.5%), while the prices for the other major destinations experienced a decline.

Escalator Imports

Imports into Canada

In 2022, imports of escalators and moving WalkWays into Canada was estimated at X units, increasing by 2.6% against 2021. Over the period under review, imports, however, continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2015 when imports increased by 55%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, escalator imports dropped significantly to $X in 2022. In general, imports, however, continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2019 with an increase of 79% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the United States (X units) and Austria (X units) were the main suppliers of escalator imports to Canada, with a combined 96% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +17.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest escalator suppliers to Canada were China ($X), the United States ($X) and Austria ($X), with a combined 97% share of total imports.

Among the main suppliers, Austria, with a CAGR of +18.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average escalator import price amounted to $X per unit, which is down by -23.1% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 28% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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