CIS: Escalator Market 2025

Escalator Market Size in CIS

The CIS escalator market shrank to $X in 2022, which is down by -9% against the previous year. Overall, consumption continues to indicate a deep slump. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Escalator Production in CIS

In value terms, escalator production fell modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of 57%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Escalator Exports

Exports in CIS

For the third consecutive year, the CIS recorded growth in overseas shipments of escalators and moving WalkWays, which increased by 22% to X units in 2022. Overall, exports showed a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by 200% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, escalator exports surged to $X in 2022. Over the period under review, exports saw a moderate expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 404% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Belarus (X units) and Kazakhstan (X units) dominates exports structure, together comprising 91% of total exports. It was distantly followed by Russia (X units), comprising a 9.1% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +19.6%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest escalator supplying countries in the CIS were Belarus ($X), Kazakhstan ($X) and Russia ($X).

Belarus, with a CAGR of +19.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, picking up by 33% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of 68%. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+2.0%), while the other leaders experienced a decline in the export price figures.

Escalator Imports

Imports in CIS

Escalator imports shrank to X units in 2022, with a decrease of -10.9% against the previous year's figure. Over the period under review, imports saw a deep downturn. The pace of growth was the most pronounced in 2013 with an increase of 36% against the previous year. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, escalator imports shrank to $X in 2022. In general, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2013 with an increase of 54%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia dominates imports structure, recording X units, which was near 70% of total imports in 2022. It was distantly followed by Uzbekistan (X units) and Kazakhstan (X units), together comprising a 16% share of total imports. Azerbaijan (X units), Armenia (X units), Moldova (X units) and Belarus (X units) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to escalator imports into Russia stood at -7.0%. At the same time, Uzbekistan (+24.8%), Moldova (+18.6%) and Armenia (+6.8%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +24.8% from 2012-2022. By contrast, Kazakhstan (-3.9%), Belarus (-8.5%) and Azerbaijan (-9.4%) illustrated a downward trend over the same period. Uzbekistan (+8.6 p.p.), Armenia (+1.9 p.p.) and Moldova (+1.8 p.p.) significantly strengthened its position in terms of the total imports, while Azerbaijan and Russia saw its share reduced by -2.3% and -12.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported escalators and moving WalkWays in the CIS, comprising 63% of total imports. The second position in the ranking was held by Kazakhstan ($X), with an 11% share of total imports. It was followed by Uzbekistan, with an 11% share.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to -8.7%. In the other countries, the average annual rates were as follows: Kazakhstan (-2.8% per year) and Uzbekistan (+16.5% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, growing by 4.2% against the previous year. Overall, the import price, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2013 an increase of 13% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+1.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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