Eastern Europe: Pneumatic Elevator Market 2024

Pneumatic Elevator Market Size in Eastern Europe

The East European pneumatic elevator market soared to $X in 2022, rising by 36% against the previous year. In general, consumption enjoyed a resilient expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Pneumatic Elevator Production in Eastern Europe

In value terms, pneumatic elevator production skyrocketed to $X in 2022 estimated in export price. Overall, production recorded measured growth. The most prominent rate of growth was recorded in 2014 with an increase of 48% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Pneumatic Elevator Exports

Exports in Eastern Europe

In 2022, shipments abroad of pneumatic elevators and conveyors decreased by -45.5% to X units, falling for the second consecutive year after four years of growth. Over the period under review, exports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2014 when exports increased by 57% against the previous year. The volume of export peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, pneumatic elevator exports declined to $X in 2022. Overall, exports, however, enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2014 with an increase of 64%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Poland (X units) was the main exporter of pneumatic elevators and conveyors, comprising 44% of total exports. Estonia (X units) held the second position in the ranking, distantly followed by the Czech Republic (X units), Romania (X units) and Slovakia (X units). All these countries together took near 44% share of total exports. Russia (X units) and Hungary (X units) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +23.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest pneumatic elevator supplying countries in Eastern Europe were Poland ($X), Estonia ($X) and the Czech Republic ($X), together comprising 83% of total exports.

In terms of the main exporting countries, Poland, with a CAGR of +23.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, surging by 69% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+1.1%), while the other leaders experienced a decline in the export price figures.

Pneumatic Elevator Imports

Imports in Eastern Europe

Pneumatic elevator imports surged to X units in 2022, picking up by 54% on the previous year's figure. In general, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 83%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, pneumatic elevator imports dropped to $X in 2022. Over the period under review, imports, however, showed a noticeable decrease. The pace of growth was the most pronounced in 2017 with an increase of 45% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Poland (X units) and Russia (X units) were the key importers of pneumatic elevators and conveyors in Eastern Europe, together creating 73% of total imports. It was distantly followed by Bulgaria (X units), the Czech Republic (X units) and Lithuania (X units), together creating a 23% share of total imports. Ukraine (X units) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bulgaria (with a CAGR of +43.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pneumatic elevator importing markets in Eastern Europe were Russia ($X), Poland ($X) and Bulgaria ($X), with a combined 62% share of total imports.

Bulgaria, with a CAGR of +11.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, dropping by -42.5% against the previous year. In general, the import price showed a abrupt shrinkage. The growth pace was the most rapid in 2015 an increase of 13%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (-10.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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