Germany: Market for Lifts, Elevators, Moving Stairways and Draglines 2025

Market Size for Lifts, Elevators, Moving Stairways and Draglines in Germany

The German market for lifts, elevators, moving stairways and draglines skyrocketed to $X in 2022, surging by 202% against the previous year. Overall, consumption recorded a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Lifts, Elevators, Moving Stairways and Draglines in Germany

In value terms, lift, elevator, stairway and dragline production dropped sharply to $X in 2022 estimated in export price. In general, production, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2019 when the production volume increased by 42% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Lifts, Elevators, Moving Stairways and Draglines

Exports from Germany

Lift, elevator, stairway and dragline exports from Germany fell dramatically to X units in 2022, which is down by -30.2% on 2021. Over the period under review, exports showed a slight curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 74%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, lift, elevator, stairway and dragline exports dropped to $X in 2022. In general, exports recorded a perceptible slump. The pace of growth was the most pronounced in 2018 when exports increased by 16% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Switzerland (X units), the UK (X units) and France (X units) were the main destinations of lift, elevator, stairway and dragline exports from Germany, together comprising 36% of total exports. Russia, the United States, China, the Netherlands, Austria, Turkey, Belgium, Saudi Arabia, Poland and Denmark lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +12.3%), while the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), the UK ($X) and France ($X) constituted the largest markets for lift, elevator, stairway and dragline exported from Germany worldwide, with a combined 37% share of total exports. Russia, the United States, the Netherlands, China, Austria, Turkey, Belgium, Saudi Arabia, Poland and Denmark lagged somewhat behind, together comprising a further 34%.

The United States, with a CAGR of +9.8%, 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

The average export price for lifts, elevators, moving stairways and draglines stood at $X per unit in 2022, picking up by 31% against the previous year. Over the period under review, the export price, however, continues to indicate a slight descent. The growth pace was the most rapid in 2021 when the average export price increased by 37% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($X per unit) and Switzerland ($X per unit), while the average price for exports to China ($X per unit) and the United States ($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 Belgium (-0.6%), while the prices for the other major destinations experienced a decline.

Imports of Lifts, Elevators, Moving Stairways and Draglines

Imports into Germany

In 2022, purchases abroad of lifts, elevators, moving stairways and draglines decreased by -11.3% to X units, falling for the second consecutive year after three years of growth. In general, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 41%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, lift, elevator, stairway and dragline imports amounted to $X in 2022. Over the period under review, total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Italy (X units), Slovakia (X units) and the Netherlands (X units) were the main suppliers of lift, elevator, stairway and dragline imports to Germany, together accounting for 72% of total imports. Spain, Sweden, the UK, Greece, Belgium, China, Austria and the United States lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +79.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lift, elevator, stairway and dragline suppliers to Germany were Slovakia ($X), Italy ($X) and the Netherlands ($X), together accounting for 65% of total imports. Austria, Spain, Sweden, China, the UK, Greece, Belgium and the United States lagged somewhat behind, together accounting for a further 21%.

Greece, with a CAGR of +154.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for lifts, elevators, moving stairways and draglines stood at $X per unit in 2022, rising by 16% against the previous year. Over the period under review, the import price, however, saw a pronounced slump. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Austria ($X per unit), while the price for Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+41.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :