Eastern Asia: Teleferics And Chair-Lifts Market 2024

Teleferics And Chair-Lifts Market Size in Eastern Asia

The East Asian teleferics and chair-lifts market was estimated at $X in 2022, stabilizing at the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Teleferics And Chair-Lifts Production in Eastern Asia

In value terms, teleferics and chair-lifts production amounted to $X.7B in 2022 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X.4B in 2020; however, from 2021 to 2022, production remained at a lower figure.

Teleferics And Chair-Lifts Exports

Exports in Eastern Asia

In 2022, exports of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars in Eastern Asia declined sharply to X units, which is down by X% compared with 2021. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when exports increased by X%. The volume of export peaked at X units in 2021, and then fell significantly in the following year.

In value terms, teleferics and chair-lifts exports shrank markedly to $X in 2022. Overall, exports showed a deep downturn. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from China (X units), together accounting for X% of total export.

China experienced a relatively flat trend pattern with regard to volume of exports of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars. From 2012 to 2022, the share of China increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest teleferics and chair-lifts supplier in Eastern Asia.

In China, teleferics and chair-lifts exports contracted by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2016 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Teleferics And Chair-Lifts Imports

Imports in Eastern Asia

In 2022, purchases abroad of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars decreased by X% to X units, falling for the third consecutive year after two years of growth. Overall, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, teleferics and chair-lifts imports reduced notably to $X in 2022. In general, imports faced a abrupt descent. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Hong Kong SAR (X units) was the key importer of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars, making up X% of total imports. It was distantly followed by China (X units), Taiwan (Chinese) (X units) and South Korea (X units), together creating a X% share of total imports. Japan (X units) followed a long way behind the leaders.

Hong Kong SAR was also the fastest-growing in terms of the teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars imports, with a CAGR of X% from 2012 to 2022. Taiwan (Chinese) (X%), China (X%), South Korea (X%) and Japan (X%) illustrated a downward trend over the same period. Hong Kong SAR (X p.p.) and Taiwan (Chinese) (X p.p.) significantly strengthened its position in terms of the total imports, while South Korea, Japan and China saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

In Hong Kong SAR, teleferics and chair-lifts imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: China (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, declining by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of import peaked at $X 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 importing countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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