EU: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2024

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in the EU

The EU cement prefabricated structural components market surged to $X in 2021, picking up by 15% against the previous year. The total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +56.4% against 2013 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in the EU

In value terms, cement prefabricated structural components production expanded rapidly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports in the EU

In 2021, exports of prefabricated structural components of cement, concrete or artificial stone in the European Union expanded modestly to X tons, picking up by 4.8% on 2020. Total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +82.2% against 2012 indices. The growth pace was the most rapid in 2017 when exports increased by 17% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, cement prefabricated structural components exports surged to $X in 2021. Total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 19% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X tons) and Belgium (X tons) represented roughly 37% of total exports in 2021. It was distantly followed by the Czech Republic (X tons), the Netherlands (X tons), Poland (X tons) and Latvia (X tons), together constituting a 32% share of total exports. The following exporters - Ireland (X tons), Hungary (X tons), Spain (X tons), Slovakia (X tons), France (X tons), Austria (X tons) and Sweden (X tons) - together made up 22% of total exports.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +26.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2021, with a combined 46% share of total exports. These countries were followed by the Czech Republic, the Netherlands, Ireland, Latvia, Spain, Slovakia, France, Austria, Sweden and Hungary, which together accounted for a further 43%.

Latvia, with a CAGR of +22.7%, 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

In 2021, the export price in the European Union amounted to $X per ton, growing by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2013 an increase of 13% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+4.6%), while the other leaders experienced more modest paces of growth.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports in the EU

For the third consecutive year, the European Union recorded growth in overseas purchases of prefabricated structural components of cement, concrete or artificial stone, which increased by 11% to X tons in 2021. Total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +94.4% against 2013 indices. The most prominent rate of growth was recorded in 2014 with an increase of 23% against the previous year. The volume of import peaked in 2021 and is likely to see steady growth in years to come.

In value terms, cement prefabricated structural components imports skyrocketed to $X in 2021. Total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +50.3% against 2014 indices. The growth pace was the most rapid in 2014 with an increase of 26%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), distantly followed by the Netherlands (X tons), Sweden (X tons), Austria (X tons) and France (X tons) represented the largest importers of prefabricated structural components of cement, concrete or artificial stone, together creating 78% of total imports. Denmark (X tons), Belgium (X tons), Croatia (X tons), Luxembourg (X tons) and Finland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +18.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Sweden ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 52% of total imports.

Sweden, with a CAGR of +16.8%, saw the highest growth rate of the value of imports, in terms of 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 2021, increasing by 4.7% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 13% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+2.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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