CIS: Electrically Operated Lift Market 2020

Electrically Operated Lift Market Size in CIS

The revenue of the electrically operated lift market in CIS amounted to $X in 2017, increasing by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The growth pace was the most rapid in 2017, when it surged by X% y-o-y. In that year, the electrically operated lift market reached their peak level, and is likely to continue its growth in the immediate term.

Electrically Operated Lift Production in CIS

In 2017, production of electrically operated lifts and skip hoists in CIS totaled X units, reducing by -X% against the previous year. The electrically operated lift production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, with an increase of X% y-o-y. Over the period under review, the electrically operated lift production reached its maximum volume of X units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Electrically Operated Lift Exports in CIS

In 2017, approx. X units of electrically operated lifts and skip hoists were exported in CIS; surging by X% against the previous year. The electrically operated lift exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when exports increased by X% against the previous year. The volume of exports peaked of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, electrically operated lift exports amounted to $X in 2017. The electrically operated lift exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Electrically Operated Lift Exports by Country in CIS

Belarus prevails in electrically operated lift exports structure, accounting for X units, which was near X% of total exports in 2017. Russia (X units) followed a long way behind the leaders.

Belarus was also the fastest growing in terms of the electrically operated lifts and skip hoists exports, with a CAGR of +X% from 2007 to 2017. Russia (-X%) illustrated a downward trend over the same period. Russia (X%) significantly strengthened its position in terms of the global exports, while Belarus saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, Belarus ($X) remains the largest electrically operated lift supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports.

In Belarus, electrically operated lift exports expanded at an average annual rate of +X% over the period from 2007-2017.

Electrically Operated Lift Export Prices by Country in CIS

The electrically operated lift export price in CIS stood at $X thousand per unit in 2017, approximately equating the previous year. The electrically operated lift export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when the export prices increased by X% year-to-year. Over the period under review, the export prices for electrically operated lifts and skip hoists attained its maximum level of $X thousand per unit in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Belarus ($X thousand per unit) and Russia ($X thousand per unit), while Russia ($X thousand per unit) and Belarus ($X thousand per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belarus (+X% per year).

Electrically Operated Lift Imports in CIS

In 2017, approx. X units of electrically operated lifts and skip hoists were imported in CIS; rising by X% against the previous year. The total imports indicated a modest increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electrically operated lift imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2012, with an increase of X% against the previous year. The volume of imports peaked of X units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, electrically operated lift imports amounted to $X in 2017. The electrically operated lift imports continue to indicate a relatively flat trend pattern. Over the period under review, the electrically operated lift imports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Electrically Operated Lift Imports by Country in CIS

In 2017, Russia (X units) represented the major importer for electrically operated lifts and skip hoists, mixed up X% of total imports. Kazakhstan (X units) held the second position in the ranking, distantly followed by Azerbaijan (X units) and Belarus (X units). All these countries together took approx. X% share of total imports. Moldova (X units) took the slight share of total imports.

From 2007 to 2017, average annual rates of growth with regard to electrically operated lift imports into Russia stood at +X%. At the same time, Azerbaijan (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. By contrast, Moldova (-X%) and Kazakhstan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Kazakhstan increased by X% percentage points, while Belarus (-X%), Azerbaijan (-X%) and Russia (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported electrically operated lifts and skip hoists in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Belarus, with a X% share.

In Russia, electrically operated lift imports remained relatively stable over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (-X% per year) and Belarus (+X% per year).

Electrically Operated Lift Import Prices by Country in CIS

In 2017, the electrically operated lift import price in CIS amounted to $X thousand per unit, dropping by -X% against the previous year. The electrically operated lift import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% year-to-year. In that year, the import prices for electrically operated lifts and skip hoists attained their peak level of $X thousand per unit. From 2009 to 2017, growth of the import prices for electrically operated lifts and skip hoists failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Russia ($X thousand per unit), while Moldova ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Belarus (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform