Italy: Escalator Market 2025

Escalator Market Size in Italy

In 2022, the Italian escalator market was finally on the rise to reach $X after seven years of decline. In general, consumption, however, saw a abrupt descent. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Escalator Production in Italy

In value terms, escalator production amounted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2020 with an increase of 235% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Escalator Exports

Exports from Italy

In 2022, overseas shipments of escalators and moving WalkWays increased by 27% to X units, rising for the second year in a row after three years of decline. In general, total exports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.5% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 58%. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, escalator exports fell to $X in 2022. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 68% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), Qatar (X units) and Spain (X units) were the main destinations of escalator exports from Italy, with a combined 58% share of total exports. France, Slovenia, Egypt, Mexico, the UK and the United States lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +43.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for escalator exported from Italy were Germany ($X), Qatar ($X) and Spain ($X), together comprising 60% of total exports. France, Slovenia, Egypt, Mexico, the UK and the United States lagged somewhat behind, together comprising a further 29%.

In terms of the main countries of destination, Mexico, with a CAGR of +35.3%, saw 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 average escalator export price amounted to $X per unit, falling by -23.1% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 29% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per unit) and Egypt ($X per unit), while the average price for exports to the UK ($X per unit) and Slovenia ($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 Algeria (+4.5%), while the prices for the other major destinations experienced a decline.

Escalator Imports

Imports into Italy

For the fifth year in a row, Italy recorded growth in overseas purchases of escalators and moving WalkWays, which increased by 5.2% to X units in 2022. Over the period under review, imports, however, saw a perceptible downturn. The pace of growth was the most pronounced in 2019 when imports increased by 13%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, escalator imports surged to $X in 2022. In general, imports, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X units), China (X units) and Spain (X units) were the main suppliers of escalator imports to Italy, with a combined 96% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +7.9%), while purchases for the other leaders experienced a decline.

In value terms, the largest escalator suppliers to Italy were the Netherlands ($X), China ($X) and Spain ($X), with a combined 97% share of total imports.

The Netherlands, with a CAGR of +8.8%, 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 a decline.

Import Prices by Country

In 2022, the average escalator import price amounted to $X per unit, rising by 23% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 28%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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