Chile: Market for Lifts, Elevators, Moving Stairways and Draglines 2025

Market Size for Lifts, Elevators, Moving Stairways and Draglines in Chile

After two years of decline, the Chilean market for lifts, elevators, moving stairways and draglines increased by 44% to $X in 2022. In general, consumption, however, recorded a pronounced reduction. Lift, elevator, stairway and dragline consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Lifts, Elevators, Moving Stairways and Draglines

Exports from Chile

In 2022, approx. X units of lifts, elevators, moving stairways and draglines were exported from Chile; growing by 45% against the year before. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 255% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, lift, elevator, stairway and dragline exports rose significantly to $X in 2022. In general, exports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2015 when exports increased by 1,003%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units), Bolivia (X units) and Peru (X units) were the main destinations of lift, elevator, stairway and dragline exports from Chile, with a combined 76% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Bolivia (with a CAGR of +24.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X) remains the key foreign market for lifts, elevators, moving stairways and draglines exports from Chile, comprising 54% of total exports. The second position in the ranking was held by Brazil ($X), with a 22% share of total exports. It was followed by Paraguay, with a 9.4% share.

From 2012 to 2022, the average annual growth rate of value to Bolivia totaled +35.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-17.1% per year) and Paraguay (-14.0% per year).

Export Prices by Country

In 2022, the average export price for lifts, elevators, moving stairways and draglines amounted to $X per unit, falling by -20.9% against the previous year. In general, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 an increase of 272%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+128.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lifts, Elevators, Moving Stairways and Draglines

Imports into Chile

After two years of decline, supplies from abroad of lifts, elevators, moving stairways and draglines increased by 32% to X units in 2022. Overall, imports, however, continue to indicate a slight descent. The pace of growth appeared the most rapid in 2018 when imports increased by 62% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, lift, elevator, stairway and dragline imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a noticeable contraction. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Spain (X units) and Brazil (X units) were the main suppliers of lift, elevator, stairway and dragline imports to Chile, together comprising 57% of total imports. Mexico, Italy, Turkey, Thailand, the United States and the UK lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +58.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Brazil ($X) and Thailand ($X) appeared to be the largest lift, elevator, stairway and dragline suppliers to Chile, with a combined 73% share of total imports. Spain, Italy, the United States, Mexico, Turkey and the UK lagged somewhat behind, together accounting for a further 19%.

In terms of the main suppliers, Turkey, with a CAGR of +56.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for lifts, elevators, moving stairways and draglines stood at $X per unit in 2022, increasing by 17% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 46% against the previous year. 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.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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