Canada - 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 Canada - 2023
Contents:
- Price for Lift, Elevator, Stairway and Dragline in Canada (CIF) - 2022
- Price for Lift, Elevator, Stairway and Dragline in Canada (FOB) - 2023
- Imports of Lift, Elevator, Stairway and Dragline in Canada
- Exports of Lift, Elevator, Stairway and Dragline in Canada
Price for Lift, Elevator, Stairway and Dragline in Canada (CIF) - 2022
The average import price for lifts, elevators, moving stairways and draglines stood at $2,155 per unit in 2022, with an increase of 30% against the previous year. In general, the import price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 39% against the previous year. Over the period under review, average import prices hit record highs at $4,787 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 the United States ($3,223 per unit), while the price for Denmark ($154 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced a decline.
Price for Lift, Elevator, Stairway and Dragline in Canada (FOB) - 2023
In September 2023, the average export price for lifts, elevators, moving stairways and draglines amounted to $1,431 per unit, jumping by 23% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 165% against the previous month. The export price peaked at $4,627 per unit in March 2023; afterwards, it flattened through to September 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -0.6% per month.
Imports of Lift, Elevator, Stairway and Dragline in Canada
In 2022, purchases abroad of lifts, elevators, moving stairways and draglines decreased by -15.8% to 143K units, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, imports reached the peak of 228K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, lift, elevator, stairway and dragline imports stood at $308M in 2022. In general, imports saw a perceptible setback. Imports peaked at $356M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Lift, Elevator, Stairway and Dragline in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 289 | 220 | 221 | 227 | -7.7% |
| China | 15.9 | 18.4 | 18.9 | 23.2 | 13.4% |
| Italy | 3.8 | 3.0 | 7.5 | 12.1 | 47.1% |
| Germany | 6.0 | 1.9 | 3.4 | 8.2 | 11.0% |
| United Kingdom | 2.4 | 2.1 | 3.1 | 6.0 | 35.7% |
| Netherlands | 7.7 | 5.8 | 7.2 | 5.2 | -12.3% |
| Mexico | 12.0 | 9.1 | 3.0 | 1.4 | -51.1% |
| Denmark | 0.2 | 0.1 | 0.1 | 0.6 | 44.2% |
| Others | 18.8 | 12.4 | 17.5 | 24.2 | 8.8% |
| Total | 356 | 273 | 282 | 308 | -4.7% |
Top Suppliers of Lift, Elevator, Stairway and Dragline to Canada in 2022:
- United States (70.5K units)
- China (41.3K units)
- United Kingdom (7.2K units)
- Italy (5.2K units)
- Germany (3.7K units)
- Denmark (3.6K units)
- Netherlands (1.9K units)
- Mexico (0.2K units)
Exports of Lift, Elevator, Stairway and Dragline in Canada
For the fourth consecutive year, Canada recorded growth in overseas shipments of lifts, elevators, moving stairways and draglines, which increased by 84% to 94K units in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, lift, elevator, stairway and dragline exports rose remarkably to $217M in 2022. The total export value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Lift, Elevator, Stairway and Dragline in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 162 | 176 | 184 | 211 | 9.2% |
| Others | 20.7 | 16.9 | 16.7 | 6.4 | -32.4% |
| Total | 183 | 193 | 201 | 217 | 5.8% |
Top Export Markets for Lift, Elevator, Stairway and Dragline from Canada in 2022:
- United States (93.5K units)
This report provides an in-depth analysis of the market for lift, elevator, stairway and dragline in Canada. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
-
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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