United Kingdom - Electric Brazing Or Soldering Machines And Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUK Sees $18M Surge in Electric Brazing Machine Imports in 2023
United Kingdom Electric Brazing Machine Imports
Electric brazing machine imports into the UK soared to 78K units in 2023, rising by 67% against the previous year. Overall, total imports indicated a slight increase from 2013 to 2023: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at 81K units in 2018; however, from 2019 to 2023, imports failed to regain momentum.
In value terms, electric brazing machine imports skyrocketed to $18M (IndexBox estimates) in 2023. In general, total imports indicated a notable increase from 2013 to 2023: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by +43.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| COUNTRY | Import Value of Electric Brazing Machine in United Kingdom (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Germany | 3.1 | 2.2 | 3.7 | 4.6 | 4.3 | 6.2 | 6.9 | 4.7 | 4.7 | 2.7 | 6.9 |
| China | 2.5 | 3.2 | 2.7 | 2.8 | 3.8 | 5.7 | 4.5 | 3.7 | 5.6 | 8.1 | 6.7 |
| Canada | N/A | N/A | N/A | N/A | N/A | 0.2 | N/A | N/A | N/A | 0.5 | 1.0 |
| Mexico | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.8 | 0.8 |
| Finland | 1.0 | 0.1 | N/A | 0.3 | 0.3 | 1.1 | N/A | 1.8 | N/A | 0.6 | 0.8 |
| United States | 2.9 | 3.3 | 2.6 | 2.2 | 2.4 | 1.5 | 1.6 | 0.8 | 0.8 | 0.5 | 0.6 |
| Spain | 0.1 | N/A | N/A | N/A | N/A | N/A | N/A | 0.5 | N/A | N/A | 0.5 |
| France | 0.1 | 0.1 | 0.1 | 0.1 | 0.8 | 0.8 | 0.1 | 0.1 | 0.1 | N/A | 0.1 |
| Netherlands | N/A | 0.1 | N/A | N/A | N/A | N/A | 1.6 | 0.4 | 0.7 | 0.2 | N/A |
| Others | 1.9 | 1.4 | 1.1 | 1.2 | 1.7 | 1.6 | 1.0 | 0.9 | 1.7 | 0.9 | 1.0 |
| Total | 11.8 | 10.4 | 10.2 | 11.2 | 13.3 | 17.1 | 15.8 | 12.8 | 13.5 | 14.2 | 18.4 |
Imports by Country
In 2023, Germany (38K units) constituted the largest supplier of electric brazing machine to the UK, accounting for a 49% share of total imports. Moreover, electric brazing machine imports from Germany exceeded the figures recorded by the second-largest supplier, China (17K units), twofold. The third position in this ranking was held by Canada (5.4K units), with a 6.9% share.
From 2013 to 2023, the average annual growth rate of volume from Germany stood at +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.0% per year) and Canada (+59.6% per year).
In value terms, Germany ($6.9M), China ($6.7M) and Canada ($974K) were the largest electric brazing machine suppliers to the UK, with a combined 80% share of total imports.
In terms of the main suppliers, Canada, with a CAGR of +58.7%, saw the highest growth rate of 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
In 2023, the electric brazing machine price stood at $235 per unit (CIF, United Kingdom), falling by -22.3% against the previous year. In general, import price indicated pronounced growth from 2013 to 2023: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 an increase of 39% against the previous year. Over the period under review, average import prices attained the maximum at $303 per unit in 2022, and then fell markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($725 per unit), while the price for the Netherlands ($169 per unit) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by China (+17.2%), while the prices for the other major suppliers experienced a decline.
This report provides an in-depth analysis of the electric brazing machine market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27903118 - Electric brazing or soldering machines and apparatus (excluding soldering irons and guns)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
