In 2023, China dominated the global export market for escalators and moving walkways with an 83.7% share by volume, showing a 4.71% year-on-year growth. Slovakia, Spain, and Poland also demonstrated upward trends. Conversely, Germany's market share declined by 7.43%. Notable growth was observed in India and the UAE, whereas the UK and Denmark faced significant declines. The long-term CAGR indicates steady dominance by Asian and Eastern European countries.
Future trends to watch:
- China's continued dominance but with emerging competition from Eastern Europe and India.
- The potential for increased diversification in global supply chains.
- Technological advancements influencing production and export efficiencies.
Top countries in Export of Escalators and Moving Walkways Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 83.7 | 2023 | +4.36% | +4.71% | View data |
| 2 | 2 Slovakia | 4.46 | 2023 | +1.35% | +2.47% | View data |
| 3 | 3 Spain | 4.28 | 2023 | +3.53% | +1.58% | View data |
| 4 | 4 Germany | 1.96 | 2023 | -5.92% | -7.43% | View data |
| 5 | 5 Thailand | 1.79 | 2023 | +1.08% | +2.6% | View data |
| 6 | 6 Czech Republic | 1.1 | 2023 | -2.59% | +2.91% | View data |
| 7 | 7 Poland | 0.83 | 2023 | +5.13% | +7.96% | View data |
| 8 | 8 Italy | 0.43 | 2023 | +2.21% | +2.58% | View data |
| 9 | 9 Macedonia | 0.31 | 2023 | +4.69% | +3.66% | View data |
| 10 | 10 Portugal | 0.072 | 2023 | -6.16% | -7.18% | View data |
