EU: Electric Brazing Machine Market 2024

Electric Brazing Machine Market Size in the EU

In 2022, after two years of growth, there was significant decline in the EU electric brazing machine market, when its value decreased by -14.1% to $X. Over the period under review, consumption showed a perceptible slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Electric Brazing Machine Production in the EU

In value terms, electric brazing machine production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when the production volume increased by 18% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Electric Brazing Machine Exports

Exports in the EU

In 2022, shipments abroad of electric brazing or soldering machines and apparatus increased by 1.8% to X units, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, electric brazing machine exports amounted to $X in 2022. Total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

In 2022, Germany (X units) represented the largest exporter of electric brazing or soldering machines and apparatus, constituting 72% of total exports. It was distantly followed by Italy (X units), mixing up a 10% share of total exports. Belgium (X units), the Netherlands (X units), Portugal (X units), Poland (X units) and Spain (X units) took a relatively small share of total exports.

Exports from Germany increased at an average annual rate of +6.8% from 2012 to 2022. At the same time, Belgium (+12.2%), Portugal (+6.2%) and Poland (+3.7%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +12.2% from 2012-2022. By contrast, Italy (-5.8%), Spain (-11.4%) and the Netherlands (-12.1%) illustrated a downward trend over the same period. Germany (+29 p.p.) and Belgium (+2.4 p.p.) significantly strengthened its position in terms of the total exports, while Spain, the Netherlands and Italy saw its share reduced by -5.5%, -8.8% and -11.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest electric brazing machine supplier in the European Union, comprising 82% of total exports. The second position in the ranking was held by Italy ($X), with a 5.6% share of total exports. It was followed by the Netherlands, with a 4.9% share.

In Germany, electric brazing machine exports increased at an average annual rate of +6.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (-0.9% per year) and the Netherlands (+5.2% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The pace of growth appeared the most rapid in 2017 an increase of 24%. The level of export peaked at $X per unit in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Portugal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.7%), while the other leaders experienced more modest paces of growth.

Electric Brazing Machine Imports

Imports in the EU

After two years of growth, overseas purchases of electric brazing or soldering machines and apparatus decreased by -4.6% to X units in 2022. In general, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2018 with an increase of 24% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, electric brazing machine imports fell to $X in 2022. Overall, imports saw a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X units), distantly followed by Spain (X units), Germany (X units), Belgium (X units), Italy (X units), Romania (X units) and Poland (X units) represented the major importers of electric brazing or soldering machines and apparatus, together comprising 75% of total imports. France (X units), Hungary (X units), Slovakia (X units), the Czech Republic (X units), Austria (X units) and Greece (X units) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Belgium (with a CAGR of +23.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2022, with a combined 36% share of total imports. France, Poland, Spain, Romania, Hungary, the Czech Republic, Austria, Belgium, Slovakia and Greece lagged somewhat behind, together accounting for a further 52%.

In terms of the main importing countries, Spain, with a CAGR of +9.9%, saw 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 the European Union stood at $X per unit in 2022, falling by -4.6% against the previous year. Import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric brazing machine import price increased by +18.4% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 55%. Over the period under review, import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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