Asia Fuji Elevator Attend In Lift Expo Russian 2024

On October 9, Lift Expo Russian 2024 opened at the Crocus Expo International Exhibition Center in Moscow.

As a sub-exhibition of the Russian Elevator Week, the largest and most influential professional exhibition in the elevator industry in Russia, the exhibition attracted more than 150 exhibitors from 20 different countries and regions, as well as more than 6,000 professional visitors. Professional visitors include: government departments related to construction, transportation, etc. in the federal and Moscow and surrounding areas, industry associations, builders and real estate companies, architectural planning and design units, property management units, as well as elevator equipment manufacturers, suppliers and professional technicians.

1. China-Russia trade situation 

With the changes in the international environment, Chinese elevator manufacturers have also ushered in a strategic opportunity to reshape the elevator supply chain in the Russian market. According to data released by the General Administration of Customs of China, from January to November 2023, the total trade volume between China and Russia reached US$218.176 billion, an increase of 26.7%, breaking through US$200 billion for the first time in history. The goal set by the leaders of China and Russia to reach a trade volume of US$200 billion in 2024 has been achieved.

2. Russian elevator market 

From January to November 2023, China exported a total of 76,714 passenger elevators, with a total value of about 11.3 billion. Among them, Russia was far ahead with 5,411 units, followed by Kazakhstan with 4,305 units and Indonesia with 3,496 units, ranking the top three respectively.

From January to November 2023, China exported a total of 12,245 escalators and walkways, with a total value of about 2.8 billion. Among them, South Korea 1,159 units, India 952 units, Thailand 535 units, Russia 491 units, and Indonesia 489 units, ranking the top five respectively.

In 2021, Russia's elevator production was 31,200 units, of which 14,700 were produced by elevator factories in Moscow. At present, there are 5-6 large manufacturers in Russia operating more than 1,000 installation companies, so the current Russian elevator market still relies on imports and domestic manufacturing capacity is insufficient.

One of Russia's national goals is to improve the housing conditions of at least 5 million families each year, which requires the construction of 120 million square meters of housing, which is new apartment buildings, that is, new elevators. At the same time, there are potential for about 160,000 elevators to be replaced, which is expected to reach 200,000 in 2024 and 250,000 in 2030.

As the largest elevator manufacturer in central and western China, Asia Fuji Elevator made a wonderful appearance at the 2024 Russian International Elevator Exhibition. At the exhibition, we showcased the latest elevator R&D technology, innovative product concepts and fashionable appearance designs, which attracted the attention of many visitors. The professional foreign trade team introduced the product features and corporate advantages to each visitor, patiently answered various questions, and demonstrated a high degree of professionalism and service awareness.

Asia Fuji Elevator has relevant qualifications such as China's A1 top special equipment manufacturing license, ISO9000 certification, CE EU product safety certification, and EAC Customs Union national certification. We have also established trade cooperation with more than a dozen countries including Russia, Kazakhstan, Mongolia, Bangladesh, Cambodia, Thailand, etc. Moreover, we will take this exhibition as an opportunity to actively expand the international market and conduct in-depth exchanges and cooperation with elevator industry experts and corporate representatives from all over the world.

At the Russian International Elevator Exhibition, Asia Fuji Elevator demonstrated the strength and advantages of the company in many ways, established a good brand image, and laid a solid foundation for further development of the Russian and international elevator markets. We insist on "becoming a world-class elevator service provider" as our strategic goal and "providing impeccable service" as our brand mission, and are committed to providing users with more stable, quieter and more secure products!

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