China: Market for Continuous-Action Elevators And Conveyors 2025

Market Size for Continuous-Action Elevators And Conveyors in China

The Chinese continuous-action elevators and conveyors market fell remarkably to $X in 2022, which is down by X% against the previous year. In general, consumption, however, enjoyed a perceptible increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Continuous-Action Elevators And Conveyors in China

In value terms, continuous-action elevators and conveyors production rose modestly to $X in 2022 estimated in export price. In general, production continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Continuous-Action Elevators And Conveyors

Exports from China

Continuous-action elevators and conveyors exports from China soared to X units in 2022, picking up by X% on the year before. Overall, exports enjoyed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, continuous-action elevators and conveyors exports surged to $X in 2022. In general, total exports indicated a strong expansion from 2012 to 2022: its value 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 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X units), Vietnam (X units) and Malaysia (X units) were the main destinations of continuous-action elevators and conveyors exports from China, with a combined X% share of total exports. India, Japan, Indonesia, Russia, Hong Kong SAR, Mexico, Saudi Arabia, Australia, Taiwan (Chinese) and Turkey lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for continuous-action elevators and conveyors exported from China were Indonesia ($X), Vietnam ($X) and India ($X), together comprising X% of total exports. The United States, Malaysia, Japan, Mexico, Turkey, Taiwan (Chinese), Australia, Russia, Hong Kong SAR and Saudi Arabia lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2022, the average continuous-action elevators and conveyors export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price saw a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while the average price for exports to Saudi Arabia ($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 the United States (X%), while the prices for the other major destinations experienced a decline.

Imports of Continuous-Action Elevators And Conveyors

Imports into China

In 2022, imports of continuous-action elevators and conveyors into China declined notably to X units, shrinking by X% against the previous year. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, continuous-action elevators and conveyors imports contracted to $X in 2022. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of continuous-action elevators and conveyors to China, accounting for a X% share of total imports. Moreover, continuous-action elevators and conveyors imports from Japan exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, Germany ($X) constituted the largest supplier of continuous-action elevators and conveyors to China, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

The average continuous-action elevators and conveyors import price stood at $X per unit in 2022, surging by X% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price 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, continuous-action elevators and conveyors import price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked 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 South Korea ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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