EU: Cable-Making Machine Market 2024

Cable-Making Machine Market Size in the EU

The EU cable-making machine market reduced to $X in 2022, waning by X% against the previous year. Overall, consumption, however, recorded a perceptible decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Cable-Making Machine Production in the EU

In value terms, cable-making machine production shrank markedly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Cable-Making Machine Exports

Exports in the EU

In 2022, cable-making machine exports in the European Union dropped remarkably to X units, which is down by X% compared with the year before. In general, exports showed a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cable-making machine exports expanded notably to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden represented the largest exporting country with an export of around X units, which amounted to X% of total exports. It was distantly followed by Austria (X units), Italy (X units) and France (X units), together making up a X% share of total exports. Germany (X units), the Czech Republic (X units) and Spain (X units) took a minor share of total exports.

Sweden was also the fastest-growing in terms of the rope or cable-making machines exports, with a CAGR of X% from 2012 to 2022. At the same time, the Czech Republic (X%) displayed positive paces of growth. Italy experienced a relatively flat trend pattern. By contrast, Spain (X%), Austria (X%), Germany (X%) and France (X%) illustrated a downward trend over the same period. Sweden (X p.p.), Italy (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total exports, while Austria, Germany and France saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cable-making machine supplying countries in the European Union were Germany ($X), Italy ($X) and Austria ($X), together comprising X% of total exports. The Czech Republic, Spain, France and Sweden lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Sweden, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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 2022, with an increase of X% against the previous year. Export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cable-making machine export price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 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 Germany ($X per unit), while Sweden ($X per unit) was amongst the lowest.

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

Cable-Making Machine Imports

Imports in the EU

In 2022, cable-making machine imports in the European Union skyrocketed to X units, growing by X% on 2021. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, cable-making machine imports surged to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X units), distantly followed by the Czech Republic (X units), Spain (X units), France (X units), the Netherlands (X units) and Poland (X units) represented the main importers of rope or cable-making machines, together making up X% of total imports. Germany (X units), Bulgaria (X units), Belgium (X units), Hungary (X units), Croatia (X units) and Sweden (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Croatia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cable-making machine importing markets in the European Union were Germany ($X), Italy ($X) and the Czech Republic ($X), together accounting for X% of total imports. Poland, Croatia, Hungary, France, Spain, Sweden, Bulgaria, the Netherlands and Belgium lagged somewhat behind, together accounting for a further X%.

Croatia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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

In 2022, the import price in the European Union amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price showed a deep downturn. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per unit), while Belgium ($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 (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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