France: Pneumatic Elevator Market 2024

Pneumatic Elevator Market Size in France

In 2022, the French pneumatic elevator market increased by 2.8% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption recorded a pronounced curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Pneumatic Elevator Production in France

In value terms, pneumatic elevator production surged to $X in 2022 estimated in export price. Over the period under review, production, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 94%. Pneumatic elevator production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Pneumatic Elevator Exports

Exports from France

In 2022, after six years of decline, there was significant growth in overseas shipments of pneumatic elevators and conveyors, when their volume increased by 21% to X units. Over the period under review, exports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2014 when exports increased by 33% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, pneumatic elevator exports rose slightly to $X in 2022. Overall, exports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 32%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for pneumatic elevator exports from France, accounting for a 22% share of total exports. Moreover, pneumatic elevator exports to Germany exceeded the volume sent to the second major destination, Spain (X units), twofold. Poland (X units) ranked third in terms of total exports with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at -8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+6.3% per year) and Poland (+9.1% per year).

In value terms, Germany ($X) remains the key foreign market for pneumatic elevators and conveyors exports from France, comprising 22% of total exports. The second position in the ranking was taken by Spain ($X), with an 11% share of total exports. It was followed by Poland, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to -8.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+6.0% per year) and Poland (+8.8% per year).

Export Prices by Country

In 2022, the average pneumatic elevator export price amounted to $X per unit, waning by -14.9% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then reduced in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Switzerland ($X per unit) and Canada ($X per unit), while the average price for exports to Sweden ($X per unit) and Denmark ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (-0.2%), while the prices for the other major destinations experienced a decline.

Pneumatic Elevator Imports

Imports into France

Pneumatic elevator imports into France stood at less than X units in 2022, standing approx. at 2021 figures. In general, imports saw a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by 12% against the previous year. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, pneumatic elevator imports reached $X in 2022. Overall, imports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by 28%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X units), the UK (X units) and Germany (X units) were the main suppliers of pneumatic elevator imports to France, with a combined 55% share of total imports.

From 2014 to 2017, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +72.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pneumatic elevator suppliers to France were the Netherlands ($X), the UK ($X) and Germany ($X), with a combined 55% share of total imports.

The Netherlands, with a CAGR of +41.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2017, the average pneumatic elevator import price amounted to $X per unit, reducing by -23.4% against the previous year. Overall, the import price faced a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when the average import price decreased by -6.5% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2017, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2017, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2014 to 2017, the most notable rate of growth in terms of prices was attained by Italy (-17.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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