Price for Liquid Elevators; Parts Thereof in the UK - 2023

Contents:

  1. Price for Liquid Elevators; Parts Thereof in the UK (CIF) - 2022
  2. Price for Liquid Elevators; Parts Thereof in the UK (FOB) - 2022
  3. Imports of Liquid Elevators; Parts Thereof in the UK
  4. Exports of Liquid Elevators; Parts Thereof in the UK

Price for Liquid Elevators; Parts Thereof in the UK (CIF) - 2022

The average liquid elevators; parts thereof import price stood at $33,976 per ton in 2022, falling by -14.7% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, liquid elevators; parts thereof import price decreased by -19.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 40% against the previous year. Over the period under review, average import prices hit record highs at $42,038 per ton in 2020; however, from 2021 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 ($249,794 per ton), while the price for India ($12,106 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Liquid Elevators; Parts Thereof in the UK (FOB) - 2022

In 2022, the average liquid elevators; parts thereof export price amounted to $36,633 per ton, dropping by -19.3% against the previous year. Overall, the export price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices hit record highs at $52,994 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($70,143 per ton), while the average price for exports to the United Arab Emirates ($11,176 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Liquid Elevators; Parts Thereof in the UK

In 2022, approx. 430 tons of liquid elevators; parts thereoves were imported into the UK; with an increase of 72% against the previous year. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 116%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, liquid elevators; parts thereof imports surged to $15M in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 105%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Liquid Elevators; Parts Thereof in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,1501,9425,3353,62219.0%
Italy14.476.34.92,569462.9%
Netherlands21716856.22,348121.2%
China7258832,3361,61630.6%
Germany15519499.81,00886.7%
India230171192175-8.7%
Turkey749152295114-46.6%
Malaysia45733115037.3-56.6%
Others1,4319311,4743,10829.5%
Total6,1284,8489,94214,59733.6%

Top Suppliers of Liquid Elevators; Parts Thereof to the UK in 2022:

  1. Netherlands (170.0 tons)
  2. China (98.8 tons)
  3. Italy (79.8 tons)
  4. United States (14.5 tons)
  5. India (14.4 tons)
  6. Germany (10.6 tons)
  7. Turkey (3.5 tons)
  8. Malaysia (1.4 tons)

Exports of Liquid Elevators; Parts Thereof in the UK

In 2022, liquid elevators; parts thereof exports from the UK soared to 157 tons, picking up by 18% compared with the previous year. Over the period under review, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 27%. As a result, the exports attained the peak of 253 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, liquid elevators; parts thereof exports contracted slightly to $5.7M in 2022. Overall, exports, however, continue to indicate a abrupt decline.

Export of Liquid Elevators; Parts Thereof in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,9101,1971,4731,193-14.5%
United Arab Emirates771884530743-1.2%
India15550.257.960957.8%
Netherlands13128.420357463.6%
Ireland16697.924025615.5%
Saudi Arabia16727344.623411.9%
Australia59.622327521753.8%
France27817.2130106-27.5%
NamibiaN/AN/AN/A67.70%
Norway45574733558.9-49.4%
China62597.020656.9-55.0%
Italy16529.680.753.8-31.2%
South Korea83641140.113.6-74.7%
Others4,1633,2482,4221,564-27.8%
Total9,8827,3036,0375,746-16.5%

Top Export Markets for Liquid Elevators; Parts Thereof from the UK in 2022:

  1. United Arab Emirates (66.5 tons)
  2. United States (17.3 tons)
  3. Australia (16.3 tons)
  4. India (12.6 tons)
  5. Netherlands (8.9 tons)
  6. Saudi Arabia (4.7 tons)
  7. Ireland (3.6 tons)
  8. Italy (2.7 tons)
  9. Namibia (2.7 tons)
  10. China (1.2 tons)
  11. France (1.0 tons)
  12. Norway (0.6 tons)
  13. South Korea (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Liquid elevators; parts thereof - United Kingdom