EU: Lawn Mower Market 2024

Lawn Mower Market Size in the EU

In 2022, the EU lawn mower market increased by 5.6% to $X, rising for the second year in a row after three years of decline. Overall, consumption, however, recorded a noticeable slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Lawn Mower Production in the EU

In value terms, lawn mower production soared to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Lawn Mower Exports

Exports in the EU

In 2022, after two years of growth, there was decline in shipments abroad of mowers for lawns, parks, golf courses or sports grounds, when their volume decreased by -4.1% to X units. The total export volume increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, the exports attained the peak of X units, and then declined in the following year.

In value terms, lawn mower exports dropped to $X in 2022. Total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% 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 +31.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Austria (X units), France (X units), Germany (X units), Italy (X units), Poland (X units), Slovakia (X units), the Czech Republic (X units), the Netherlands (X units) and Belgium (X units) represented roughly 90% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +12.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and France ($X) constituted the countries with the highest levels of exports in 2022, with a combined 43% share of total exports. Austria, the Czech Republic, Poland, the Netherlands, Belgium and Slovakia lagged somewhat behind, together comprising a further 46%.

The Czech Republic, with a CAGR of +16.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, which is down by -4.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2021 an increase of 13%. As a result, the export price attained the peak level of $X per unit, and then fell in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Slovakia ($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 (+6.3%), while the other leaders experienced more modest paces of growth.

Lawn Mower Imports

Imports in the EU

In 2022, supplies from abroad of mowers for lawns, parks, golf courses or sports grounds decreased by -0.4% to X units for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of X units, leveling off in the following year.

In value terms, lawn mower imports amounted to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.4% against 2018 indices. The growth pace was the most rapid in 2021 when imports increased by 37%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X units) and France (X units) represented roughly 44% of total imports in 2022. Belgium (X units) took the next position in the ranking, followed by the Netherlands (X units), Poland (X units), the Czech Republic (X units) and Italy (X units). All these countries together took near 32% share of total imports. The following importers - Sweden (X units), Austria (X units), Hungary (X units), Denmark (X units) and Spain (X units) - together made up 15% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Hungary (with a CAGR of +23.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lawn mower importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 53% share of total imports. Poland, Belgium, Sweden, Italy, the Czech Republic, Austria, Denmark, Spain and Hungary lagged somewhat behind, together comprising a further 37%.

Among the main importing countries, Hungary, with a CAGR of +22.5%, 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 2022, the import price in the European Union amounted to $X per unit, increasing by 2.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2016 an increase of 14%. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform