Germany: Pneumatic Elevator Market 2024

Pneumatic Elevator Market Size in Germany

In 2022, the German pneumatic elevator market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption posted prominent growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Pneumatic Elevator Production in Germany

In value terms, pneumatic elevator production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible setback. The growth pace was the most rapid in 2017 with an increase of 35%. Pneumatic elevator production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Pneumatic Elevator Exports

Exports from Germany

After two years of growth, shipments abroad of pneumatic elevators and conveyors decreased by -35.9% to X units in 2022. Overall, exports recorded a perceptible descent. The pace of growth appeared the most rapid in 2017 with an increase of 42%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, pneumatic elevator exports rose sharply to $X in 2022. Over the period under review, exports recorded a perceptible decline. The pace of growth was the most pronounced in 2017 when exports increased by 28% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), China (X units) and Russia (X units) were the main destinations of pneumatic elevator exports from Germany, with a combined 34% share of total exports. Austria, France, the Netherlands, Canada, the UK, Poland, Switzerland, India, Mexico and South Korea lagged somewhat behind, together accounting for 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 Canada (with a CAGR of +44.3%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Russia ($X) constituted the largest markets for pneumatic elevator exported from Germany worldwide, together comprising 34% of total exports. Austria, France, the Netherlands, Canada, the UK, Poland, Switzerland, India, Mexico and South Korea lagged somewhat behind, together accounting for a further 34%.

Canada, with a CAGR of +43.6%, saw the highest growth rate of the value of exports, among 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

In 2022, the average pneumatic elevator export price amounted to $X per unit, surging by 64% 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 average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Switzerland ($X per unit) and India ($X per unit), while the average price for exports to the UK ($X per unit) and Canada ($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 France (-0.2%), while the prices for the other major destinations experienced a decline.

Pneumatic Elevator Imports

Imports into Germany

Pneumatic elevator imports into Germany was estimated at less than X units in 2022, approximately equating the previous year. Overall, imports saw a buoyant expansion. The smallest decline of 99.9% was in 2017. Imports peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, pneumatic elevator imports rose sharply to $X in 2022. Over the period under review, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Switzerland (X units), Austria (X units) and Denmark (X units) were the main suppliers of pneumatic elevator imports to Germany, together comprising 50% of total imports. The Czech Republic, France, Italy, Poland, the United States, Spain, the Netherlands, Thailand, Japan and Hungary lagged somewhat behind, together comprising a further 43%.

From 2014 to 2016, the biggest increases were recorded for Japan (with a CAGR of +260.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pneumatic elevator suppliers to Germany were Switzerland ($X), Austria ($X) and Denmark ($X), with a combined 50% share of total imports. The Czech Republic, France, Italy, Poland, the United States, Spain, the Netherlands, Thailand, Japan and Hungary lagged somewhat behind, together comprising a further 43%.

Japan, with a CAGR of +150.5%, recorded the highest rates of growth with regard to 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

In 2016, the average pneumatic elevator import price amounted to $X per unit, standing approx. at the previous year. In general, the import price faced a precipitous setback. The growth pace was the most rapid in 2015 when the average import price decreased by 99.9% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2016, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2016, amid the top importers, the highest price was recorded for prices from Thailand ($X per unit) and Japan ($X per unit), while the price for Spain ($X per unit) and the Netherlands ($X per unit) were amongst the lowest.

From 2014 to 2016, the most notable rate of growth in terms of prices was attained by Hungary (-24.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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