EU: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in the EU

The EU market for mechanical appliances for projecting, dispersing or spraying fell to $X in 2022, with a decrease of -14.8% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Mechanical Appliances For Projecting, Dispersing Or Spraying in the EU

In value terms, production of mechanical appliances for projecting, dispersing or spraying reduced to $X in 2022 estimated in export price. In general, production recorded a slight setback. The pace of growth appeared the most rapid in 2014 when the production volume increased by 20%. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth remained at a lower figure.

Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports in the EU

Exports of mechanical appliances for projecting, dispersing or spraying shrank to X units in 2022, declining by -5% on 2021. The total export volume increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 17% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2021, and then dropped in the following year.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying declined slightly to $X in 2022. The total export value increased at an average annual rate of +2.5% 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 2017 when exports increased by 20% against the previous year. Over the period under review, the exports of hit record highs at $X in 2021, and then fell in the following year.

Exports by Country

Germany (X units) and Italy (X units) represented roughly 69% of total exports in 2022. The Czech Republic (X units), France (X units), the Netherlands (X units), Spain (X units), Belgium (X units), Austria (X units), Poland (X units) and Romania (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Romania (with a CAGR of +50.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest mechanical appliances for projecting, dispersing or spraying supplier in the European Union, comprising 54% of total exports. The second position in the ranking was taken by Italy ($X), with a 16% share of total exports. It was followed by France, with a 6.4% share.

In Germany, exports of mechanical appliances for projecting, dispersing or spraying expanded at an average annual rate of +1.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (+6.3% per year) and France (+4.0% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, growing by 1.7% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 8.1% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 France ($X per unit), while Romania ($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 (+9.5%), while the other leaders experienced more modest paces of growth.

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports in the EU

In 2022, after two years of growth, there was significant decline in supplies from abroad of mechanical appliances for projecting, dispersing or spraying, when their volume decreased by -12.3% to X units. Total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 22% against the previous year. Over the period under review, imports of attained the peak figure at X units in 2021, and then dropped in the following year.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying dropped to $X in 2022. Total imports indicated measured growth 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, imports increased by +49.4% against 2016 indices. The pace of growth was the most pronounced in 2018 with an increase of 23% against the previous year. The level of import peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Germany (X units), distantly followed by France (X units), Austria (X units), Italy (X units), Poland (X units), Spain (X units) and the Netherlands (X units) represented the largest importers of mechanical appliances for projecting, dispersing or spraying, together constituting 74% of total imports. The Czech Republic (X units), Belgium (X units), Romania (X units), Portugal (X units), Hungary (X units) and Sweden (X units) held a relatively small share of total imports.

Imports into Germany increased at an average annual rate of +2.1% from 2012 to 2022. At the same time, Portugal (+16.4%), Romania (+11.8%), Hungary (+9.0%), Spain (+7.7%), the Czech Republic (+7.5%), Austria (+7.2%), Poland (+5.5%), Italy (+4.7%), France (+4.1%) and Sweden (+3.8%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing importer imported in the European Union, with a CAGR of +16.4% from 2012-2022. The Netherlands experienced a relatively flat trend pattern. By contrast, Belgium (-2.0%) illustrated a downward trend over the same period. Austria (+2.2 p.p.), Spain (+2.2 p.p.) and Portugal (+1.8 p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands, Belgium and Germany saw its share reduced by -2.1%, -2.1% and -4.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported mechanical appliances for projecting, dispersing or spraying in the European Union, comprising 25% of total imports. The second position in the ranking was held by France ($X), with a 12% share of total imports. It was followed by Italy, with an 8.8% share.

In Germany, imports of mechanical appliances for projecting, dispersing or spraying expanded at an average annual rate of +2.7% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: France (+3.7% per year) and Italy (+6.7% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, picking up by 4.6% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by 10% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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