EU: Gasket Market 2020

Gasket Market Size in the EU

The revenue of the gasket market in the European Union amounted to $X in 2017, jumping by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2008, with an increase of X% y-o-y. Over the period under review, the gasket market attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Gasket Production in the EU

The gasket production stood at X units in 2017, going up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. Over the period under review, the gasket production reached its peak figure volume in 2017, and is expected to retain its growth in the immediate term.

Gasket Exports in the EU

In 2017, approx. X units of gaskets and similar joints of metal sheeting were exported in the European Union; rising by X% against the previous year. The total exports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gasket exports increased by +X% against 2009 indices. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, gasket exports amounted to $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked in 2017, and are likely to see steady growth in the near future.

Gasket Exports by Country in the EU

Germany represented the major exporting country with an export of around X units, which recorded X% of total exports. It was distantly followed by Italy (X units), the UK (X units), France (X units), Spain (X units), Hungary (X units) and the Netherlands (X units), together making up X% share of total exports.

Exports from Germany increased at an average annual rate of +X% from 2007 to 2017. At the same time, the Netherlands (+X%), the UK (+X%), Italy (+X%), France (+X%), Spain (+X%) and Hungary (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. Spain (-X%), France (-X%), the UK (-X%), the Netherlands (-X%), Italy (-X%) and Germany (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest gasket supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by the UK ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

In Germany, gasket exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: the UK (+X% per year) and Italy (+X% per year).

Gasket Export Prices by Country in the EU

The gasket export price in the European Union stood at $X per unit in 2017, going up by X% against the previous year. The gasket export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. Over the period under review, the export prices for gaskets and similar joints of metal sheeting reached its peak figure level of $X per unit in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the UK ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Italy (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Gasket Imports in the EU

In 2017, the amount of gaskets and similar joints of metal sheeting imported in the European Union totaled X units, increasing by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Over the period under review, the gasket imports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, gasket imports amounted to $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Gasket Imports by Country in the EU

Germany (X units) and France (X units) represented the main importers of gaskets and similar joints of metal sheeting in 2017, finishing at near X% and X% of total imports, respectively. The UK (X units) ranks second in terms of the global imports with a X% share, followed by Italy (X%), Spain (X%), Belgium (X%) and Poland (X%). The Netherlands (X units), Hungary (X units), the Czech Republic (X units), Austria (X units) and Sweden (X units) occupied the minor share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Germany (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest gasket markets worldwide were Germany ($X), the UK ($X) and Italy ($X), together comprising X% of total imports.

Among the main importing countries , Germany (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Gasket Import Prices by Country in the EU

In 2017, the gasket import price in the European Union amounted to $X per unit, remaining stable against the previous year. The gasket import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, an increase of X% year-to-year. In that year, the import prices for gaskets and similar joints of metal sheeting reached their peak level of $X per unit. From 2015 to 2017, growth of the import prices for gaskets and similar joints of metal sheeting stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Austria ($X per unit), while France ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Austria (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform