EU: Electroplating Machine Market 2024

Electroplating Machine Market Size in the EU

In 2021, the EU electroplating machine market decreased by -11.8% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Electroplating Machine Production in the EU

In value terms, electroplating machine production stood at $X in 2021 estimated in export price. Overall, production, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2018 with an increase of 9% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Electroplating Machine Exports

Exports in the EU

Electroplating machine exports contracted to X units in 2021, remaining stable against the year before. In general, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 when exports increased by 23%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, electroplating machine exports rose notably to $X in 2021. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 18% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X units) and Germany (X units) represented roughly 47% of total exports in 2021. It was distantly followed by Poland (X units), the Netherlands (X units), Finland (X units), Estonia (X units) and Spain (X units), together mixing up a 34% share of total exports.

From 2012 to 2021, the biggest increases were in Estonia (with a CAGR of +36.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest electroplating machine supplying countries in the European Union were Germany ($X), Italy ($X) and the Netherlands ($X), with a combined 68% share of total exports. These countries were followed by Finland, Spain, Estonia and Poland, which together accounted for a further 15%.

Estonia, with a CAGR of +40.3%, recorded the highest growth rate of 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

The export price in the European Union stood at $X per unit in 2021, picking up by 14% against the previous year. Export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electroplating machine export price increased by +72.7% against 2015 indices. The most prominent rate of growth was recorded in 2019 an increase of 34%. The level of export peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+13.5%), while the other leaders experienced more modest paces of growth.

Electroplating Machine Imports

Imports in the EU

In 2021, supplies from abroad of machines for electroplating, electrolysis or electrophoresis increased by 0.3% to X units, rising for the third year in a row after two years of decline. Over the period under review, imports posted a moderate increase. The most prominent rate of growth was recorded in 2013 when imports increased by 82% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, electroplating machine imports expanded remarkably to $X in 2021. Total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +48.3% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of 47% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

In 2021, Austria (X units), followed by France (X units), Germany (X units), Estonia (X units), Slovakia (X units), Greece (X units), the Netherlands (X units), Spain (X units) and Poland (X units) represented the major importers of machines for electroplating, electrolysis or electrophoresis, together making up 81% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Estonia (with a CAGR of +41.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and France ($X) were the countries with the highest levels of imports in 2021, with a combined 49% share of total imports. Austria, Estonia, Spain, Poland, Slovakia and Greece lagged somewhat behind, together accounting for a further 29%.

In terms of the main importing countries, Estonia, with a CAGR of +49.7%, 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 2021, the import price in the European Union amounted to $X per unit, picking up by 11% against the previous year. Import price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electroplating machine import price decreased by -16.2% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 40%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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