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

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

The Italian market for lifts, elevators, moving stairways and draglines expanded sharply to $X in 2022, surging by 5.6% against the previous year. Over the period under review, consumption recorded a slight descent. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

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

In value terms, lift, elevator, stairway and dragline production surged to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep setback. Lift, elevator, stairway and dragline production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Lifts, Elevators, Moving Stairways and Draglines

Exports from Italy

In 2022, approx. X units of lifts, elevators, moving stairways and draglines were exported from Italy; jumping by 16% against the previous year. Overall, total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -3.5% against 2018 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 31%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, lift, elevator, stairway and dragline exports shrank to $X in 2022. The total export value increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when exports increased by 17% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units), Germany (X units) and the UK (X units) were the main destinations of lift, elevator, stairway and dragline exports from Italy, with a combined 31% share of total exports. Switzerland, Poland, Austria, Belgium, Spain, the United States, Australia, Egypt, Sweden and Israel lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +29.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lift, elevator, stairway and dragline exported from Italy were France ($X), Germany ($X) and Austria ($X), together comprising 32% of total exports. The UK, Switzerland, Poland, Belgium, Sweden, Spain, the United States, Australia, Egypt and Israel lagged somewhat behind, together accounting for a further 36%.

Sweden, with a CAGR of +22.6%, saw the highest rates of growth with regard to 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

The average export price for lifts, elevators, moving stairways and draglines stood at $X per unit in 2022, reducing by -17.8% against the previous year. Overall, the export price saw a mild curtailment. The pace of growth appeared the most rapid in 2015 an increase of 29%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+0.0%), while the prices for the other major destinations experienced a decline.

Imports of Lifts, Elevators, Moving Stairways and Draglines

Imports into Italy

In 2022, imports of lifts, elevators, moving stairways and draglines into Italy soared to X units, picking up by 37% on 2021 figures. Over the period under review, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 65%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, lift, elevator, stairway and dragline imports soared to $X in 2022. In general, imports showed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest lift, elevator, stairway and dragline supplier to Italy, accounting for a 46% share of total imports. Moreover, lift, elevator, stairway and dragline imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Romania (X units), twofold. The third position in this ranking was taken by Germany (X units), with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled +23.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+67.9% per year) and Germany (+9.3% per year).

In value terms, the Netherlands ($X), France ($X) and Germany ($X) constituted the largest lift, elevator, stairway and dragline suppliers to Italy, together accounting for 65% of total imports. Romania, China, Spain and the UK lagged somewhat behind, together accounting for a further 21%.

Romania, with a CAGR of +34.9%, saw the highest growth rate of 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 2022, the average import price for lifts, elevators, moving stairways and draglines amounted to $X per unit, growing by 18% against the previous year. Over the period under review, the import price, however, recorded a noticeable setback. The pace of growth was the most pronounced in 2017 an increase of 33%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Romania ($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 (+1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :