China remains the dominant exporter of lifts and skip hoists, significantly outpacing other nations with a share of 25% in 2023, showing a growth of 3.8% year-on-year. Spain, Germany, Italy, and the Netherlands also hold noticeable shares, contributing to Europe being a major player in this market. Notably, Slovakia exhibited the highest growth among the top exporters at 5.01%. Russia and Kuwait showed remarkable growth of 13.95% and 14.37%, respectively, despite having smaller market shares. Conversely, countries like Japan and Switzerland experienced declines in their export shares.
Looking forward, emerging markets such as Chile and Guyana display exceptional growth rates, suggesting potential future opportunities. Additionally, increased demand for modern infrastructure in developing regions may further influence global export dynamics.
Top countries in Export of Lifts and Skip Hoists Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 25 | 2023 | +3.42% | +3.8% | View data |
| 2 | 2 Spain | 11.93 | 2023 | +3.31% | +3.23% | View data |
| 3 | 3 Germany | 9.84 | 2023 | +2.33% | +1.37% | View data |
| 4 | 4 Italy | 8.61 | 2023 | +1.74% | +1.06% | View data |
| 5 | 5 Netherlands | 7.31 | 2023 | +3.82% | +3.53% | View data |
| 6 | 6 Thailand | 4.83 | 2023 | +2.55% | +2.57% | View data |
| 7 | 7 United States | 4.03 | 2023 | +3.04% | +2.4% | View data |
| 8 | 8 Sweden | 3.19 | 2023 | +2.49% | +2.34% | View data |
| 9 | 9 Slovakia | 3.15 | 2023 | +4.67% | +5.01% | View data |
| 10 | 10 France | 3.02 | 2023 | -1.93% | -1.01% | View data |
