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 declined slightly to $X in 2023, remaining stable against the previous year. In general, consumption, however, continues to indicate a notable increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Teleferics And Chair-Lifts Production in Eastern Asia

In value terms, teleferics and chair-lifts production amounted to $X in 2023 estimated in export price. Overall, production, however, saw a mild decline. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Teleferics And Chair-Lifts Exports

Exports in Eastern Asia

In 2023, teleferics and chair-lifts exports in Eastern Asia skyrocketed to X units, with an increase of X% compared with 2022. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X%. As a result, the exports reached the peak of X units. From 2020 to 2023, the growth of the exports remained at a lower figure.

In value terms, teleferics and chair-lifts exports surged to $X in 2023. Over the period under review, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports attained the peak of $X. From 2020 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

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

China was also the fastest-growing in terms of the teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars exports, with a CAGR of X% from 2012 to 2023. China (X p.p.) significantly strengthened its position in terms of the total exports, 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.

From 2012 to 2023, the average annual growth rate of value in China stood at X%.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2023, declining by X% against the previous year. In general, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2023, the export prices failed to regain momentum.

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

From 2012 to 2023, 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 2023, supplies from abroad of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars was finally on the rise to reach X units after three years of decline. Over the period under review, imports showed a tangible expansion. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of X units. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, teleferics and chair-lifts imports surged to $X in 2023. Overall, imports showed prominent growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2023, the growth of imports remained at a lower figure.

Imports by Country

South Korea was the main importing country with an import of about X units, which recorded X% of total imports. Taiwan (Chinese) (X units) took the second position in the ranking, followed by Hong Kong SAR (X units), Japan (X units) and China (X units). All these countries together held approx. X% share of total imports.

South Korea 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 2023. At the same time, Taiwan (Chinese) (X%) and Hong Kong SAR (X%) displayed positive paces of growth. By contrast, Japan (X%) and China (X%) illustrated a downward trend over the same period. South Korea (X p.p.), Taiwan (Chinese) (X p.p.) and Hong Kong SAR (X p.p.) significantly strengthened its position in terms of the total imports, while Japan and China saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, South Korea ($X), China ($X) and Hong Kong SAR ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Taiwan (Chinese) and Japan lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2023, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum in 2023 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was China ($X per unit), while Japan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform