2026 Q1 China Elevator Safety Components Export Data Released, Up 21.4% Year-on-Year
Core data interpretation: First, product structure distribution, the export proportion of the four core safety components is: door lock device 28%, safety gear 18%, speed limiter 14%, buffer 12%, and other components such as traction machine, control cabinet, steel wire rope account for 28%; Second, regional market distribution, Southeast Asia accounts for 36%, EU 18%, Russia and Central Asia 14%, Middle East 12%, Africa 10%, South America 6%, other regions 4%. Vietnam, Thailand, Indonesia, Germany and Russia are the top five export countries; Third, core growth drivers, the successive implementation of global elevator certification new regulations, the mandatory separate certification policy for safety components has driven the growth of export demand. At the same time, Chinese elevator safety component products have significant cost-effective advantages, the price is 30%-40% lower than similar European and American products, the technical indicators meet international standards, and the global market share continues to increase; Fourth, price trend, the average export price increased by 3.2% year-on-year, mainly due to the increased proportion of high value-added intelligent safety components and customized components, and the continuous optimization of product structure; Fifth, trade facilitation, the utilization rate of RCEP certificates of origin reached 90%, more than 95% of China's elevator safety components exported to ASEAN enjoy zero tariff treatment, greatly reducing the cost of export enterprises. The tariff reduction policy of the 3.0 version of the China-ASEAN Free Trade Area further releases export dividends.