U.S. - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Lift, Elevator, Stairway and Dragline in the United States - 2023
Contents:
- Price for Lift, Elevator, Stairway and Dragline in the United States (CIF) - 2023
- Price for Lift, Elevator, Stairway and Dragline in the United States (FOB) - 2023
- Imports of Lift, Elevator, Stairway and Dragline in the United States
- Exports of Lift, Elevator, Stairway and Dragline in the United States
Price for Lift, Elevator, Stairway and Dragline in the United States (CIF) - 2023
The average import price for lifts, elevators, moving stairways and draglines stood at $1,662 per unit in September 2023, falling by -24.2% against the previous month. Over the period under review, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in February 2023 an increase of 131% month-to-month. Over the period under review, average import prices hit record highs at $5,083 per unit in March 2023; afterwards, it flattened through to September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($16,068 per unit), while the price for China ($537 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+14.7%), while the prices for the other major suppliers experienced a decline.
Price for Lift, Elevator, Stairway and Dragline in the United States (FOB) - 2023
The average export price for lifts, elevators, moving stairways and draglines stood at $15,121 per unit in September 2023, rising by 3% against the previous month. Over the period under review, export price indicated a mild increase from September 2022 to September 2023: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, lift, elevator, stairway and dragline export price increased by +238.0% against April 2023 indices. The pace of growth was the most pronounced in May 2023 when the average export price increased by 213% m-o-m. The export price peaked at $15,660 per unit in February 2023; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($16,786 per unit), while the average price for exports to Chile ($1,507 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.0%), while the prices for the other major destinations experienced a decline.
Imports of Lift, Elevator, Stairway and Dragline in the United States
For the fourth year in a row, the United States recorded growth in overseas purchases of lifts, elevators, moving stairways and draglines, which increased by 14% to 194K units in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, lift, elevator, stairway and dragline imports soared to $559M in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Lift, Elevator, Stairway and Dragline in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 161 | 175 | 182 | 206 | 8.6% |
| China | 52.2 | 47.3 | 64.5 | 57.6 | 3.3% |
| United Kingdom | 44.7 | 27.6 | 46.0 | 56.3 | 8.0% |
| Germany | 37.0 | 47.4 | 22.6 | 50.3 | 10.8% |
| Italy | 34.2 | 15.5 | 21.8 | 43.1 | 8.0% |
| Sweden | 3.6 | 12.3 | 20.6 | 19.2 | 74.7% |
| Mexico | 16.0 | 10.4 | 10.6 | 6.3 | -26.7% |
| Others | 107 | 87.9 | 89.3 | 120 | 3.9% |
| Total | 456 | 423 | 458 | 559 | 7.0% |
Top Suppliers of Lift, Elevator, Stairway and Dragline to the United States in 2022:
- Canada (96.6K units)
- China (34.4K units)
- Sweden (14.4K units)
- Germany (14.1K units)
- Italy (9.4K units)
- United Kingdom (7.2K units)
- Mexico (4.4K units)
Exports of Lift, Elevator, Stairway and Dragline in the United States
In 2022, overseas shipments of lifts, elevators, moving stairways and draglines increased by 6% to 25K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a pronounced decrease. Over the period under review, the exports attained the peak figure at 29K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, lift, elevator, stairway and dragline exports expanded slightly to $338M in 2022. Over the period under review, exports, however, saw a deep downturn. The exports peaked at $409M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Lift, Elevator, Stairway and Dragline in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 311 | 242 | 240 | 244 | -7.8% |
| Mexico | 19.0 | 19.3 | 24.3 | 22.7 | 6.1% |
| Hong Kong SAR | 0.9 | 0.1 | 0.2 | 11.0 | 130.3% |
| Germany | 9.9 | 3.8 | 2.3 | 7.5 | -8.8% |
| Brazil | 1.1 | 4.3 | 3.9 | 5.8 | 74.1% |
| Australia | 3.4 | 4.0 | 2.5 | 4.4 | 9.0% |
| United Kingdom | 4.6 | 4.7 | 1.8 | 4.3 | -2.2% |
| China | 12.8 | 9.3 | 7.4 | 2.7 | -40.5% |
| Sweden | 3.2 | 4.4 | 5.3 | 2.6 | -6.7% |
| Others | 43.0 | 42.9 | 35.2 | 33.1 | -8.4% |
| Total | 409 | 334 | 323 | 338 | -6.2% |
Top Export Markets for Lift, Elevator, Stairway and Dragline from the United States in 2022:
- Canada (16.8K units)
- Mexico (1.8K units)
- Germany (0.9K units)
- Sweden (0.8K units)
- Hong Kong SAR (0.7K units)
- Brazil (0.5K units)
- Australia (0.3K units)
- United Kingdom (0.3K units)
- China (0.2K units)
This report provides an in-depth analysis of the market for lift, elevator, stairway and dragline in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28221630 - Electrically operated lifts and skip hoists
- Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
- Prodcom 28221670 - Escalators and moving walkways
- Prodcom 28221740 - Pneumatic elevators and conveyors
- Prodcom 28221820 - Teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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