EU: Pile-Driver Market 2024

Pile-Driver Market Size in the EU

The EU pile-driver market surged to $X in 2021, growing by 133% against the previous year. Overall, consumption posted resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Pile-Driver Production in the EU

In value terms, pile-driver production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the production volume increased by 16%. Over the period under review, production hit record highs in 2021 and is expected to retain growth in the near future.

Pile-Driver Exports

Exports in the EU

In 2021, the amount of pile-drivers and pile-extractors exported in the European Union soared to X units, growing by 53% against the year before. Overall, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 153%. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in years to come.

In value terms, pile-driver exports expanded slightly to $X in 2021. Total exports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +61.9% against 2015 indices. The growth pace was the most rapid in 2018 when exports increased by 36% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

In 2021, the Netherlands (X units), distantly followed by Belgium (X units), France (X units), Austria (X units), Germany (X units), Italy (X units) and Sweden (X units) represented the key exporters of pile-drivers and pile-extractors, together generating 82% of total exports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +87.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest pile-driver supplying countries in the European Union were the Netherlands ($X), Germany ($X) and France ($X), together accounting for 62% of total exports. These countries were followed by Italy, Belgium, Austria and Sweden, which together accounted for a further 14%.

Belgium, with a CAGR of +28.0%, recorded the highest growth rate of the value of exports, among 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, falling by -33.5% against the previous year. Over the period under review, the export price saw a deep slump. The most prominent rate of growth was recorded in 2013 an increase of 52% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-2.4%), while the other leaders experienced a decline in the export price figures.

Pile-Driver Imports

Imports in the EU

For the third year in a row, the European Union recorded growth in purchases abroad of pile-drivers and pile-extractors, which increased by 200% to X units in 2021. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pile-driver imports soared to $X in 2021. Total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +8.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium was the key importer of pile-drivers and pile-extractors in the European Union, with the volume of imports reaching X units, which was near 61% of total imports in 2021. The Netherlands (X units) ranks second in terms of the total imports with a 16% share, followed by France (6.7%). The following importers - Spain (X units), Germany (X units) and Austria (X units) - each resulted at an 8.7% share of total imports.

Belgium was also the fastest-growing in terms of the pile-drivers and pile-extractors imports, with a CAGR of +93.5% from 2012 to 2021. At the same time, Spain (+42.0%), the Netherlands (+42.0%), Austria (+10.9%) and France (+3.5%) displayed positive paces of growth. Germany experienced a relatively flat trend pattern. Belgium (+60 p.p.), the Netherlands (+9.2 p.p.) and Spain (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while Austria, Germany and France saw its share reduced by -7.1%, -26.9% and -41% from 2012 to 2021, respectively.

In value terms, the largest pile-driver importing markets in the European Union were the Netherlands ($X), France ($X) and Germany ($X), with a combined 51% share of total imports. Austria, Belgium and Spain lagged somewhat behind, together accounting for a further 14%.

Among the main importing countries, Spain, with a CAGR of +57.7%, recorded the highest rates of growth with regard to 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, which is down by -57.7% against the previous year. In general, the import price faced a deep reduction. The most prominent rate of growth was recorded in 2014 when the import price increased by 160% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per unit), while Belgium ($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 (+11.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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