EU: Electromagnetic Lifting Head Market 2025

Electromagnetic Lifting Head Market Size in the EU

The EU electromagnetic lifting head market contracted slightly to $X in 2022, which is down by -2.4% against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Electromagnetic Lifting Head Production in the EU

In value terms, electromagnetic lifting head production surged to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by 26% against the previous year. Over the period under review, production reached the peak level in 2022 and is likely to see gradual growth in years to come.

Electromagnetic Lifting Head Exports

Exports in the EU

In 2022, approx. X tons of electromagnets and electromagnetic lifting heads were exported in the European Union; waning by -4% on the previous year. The total export volume increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports reached the peak of X tons, and then fell modestly in the following year.

In value terms, electromagnetic lifting head exports dropped slightly to $X in 2022. The total export value increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

In 2022, Germany (X tons) was the largest exporter of electromagnets and electromagnetic lifting heads, making up 31% of total exports. Poland (X tons) took the second position in the ranking, followed by Italy (X tons), the Czech Republic (X tons), France (X tons), Romania (X tons) and Austria (X tons). All these countries together held approx. 54% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to electromagnetic lifting head exports from Germany stood at +3.7%. At the same time, Poland (+5.1%), Romania (+4.7%), Italy (+4.6%), the Czech Republic (+4.2%) and Austria (+2.5%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +5.1% from 2012-2022. By contrast, France (-1.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Germany and Italy increased by +2.4, +1.7 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest electromagnetic lifting head supplier in the European Union, comprising 44% of total exports. The second position in the ranking was held by France ($X), with a 9.5% share of total exports. It was followed by Italy, with an 8.7% share.

From 2012 to 2022, the average annual growth rate of value in Germany totaled +2.4%. In the other countries, the average annual rates were as follows: France (-0.9% per year) and Italy (+4.2% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by 10% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.3%), while the other leaders experienced more modest paces of growth.

Electromagnetic Lifting Head Imports

Imports in the EU

In 2022, overseas purchases of electromagnets and electromagnetic lifting heads increased by 0.7% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, electromagnetic lifting head imports declined to $X in 2022. Total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 +32.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

Germany represented the main importer of electromagnets and electromagnetic lifting heads in the European Union, with the volume of imports amounting to X tons, which was approx. 42% of total imports in 2022. France (X tons) held a 9.7% share (based on physical terms) of total imports, which put it in second place, followed by Hungary (7%), Romania (6.7%), the Czech Republic (6.6%), Poland (5.8%) and Italy (5.4%).

From 2012 to 2022, average annual rates of growth with regard to electromagnetic lifting head imports into Germany stood at +7.3%. At the same time, Romania (+13.1%), Poland (+7.5%), Italy (+4.1%), the Czech Republic (+3.0%) and France (+2.8%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in the European Union, with a CAGR of +13.1% from 2012-2022. Hungary experienced a relatively flat trend pattern. Germany (+11 p.p.), Romania (+3.8 p.p.) and Poland (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Hungary saw its share reduced by -4.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), France ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2022, with a combined 57% share of total imports.

France, with a CAGR of +14.1%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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 ton in 2022, shrinking by -7.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 an increase of 20% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2021, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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