EU: Pyrotechnic Articles Market 2024

Pyrotechnic Articles Market Size in the EU

The EU pyrotechnic articles market soared to $X in 2021, picking up by 25% against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Pyrotechnic Articles Production in the EU

In value terms, pyrotechnic articles production soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Pyrotechnic Articles Exports

Exports in the EU

In 2021, the amount of signalling flares, rain rockets, fog signals and other pyrotechnic articles exported in the European Union shrank to X tons, waning by -5.8% compared with the year before. In general, exports saw a pronounced slump. The most prominent rate of growth was recorded in 2014 when exports increased by 9.1%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, pyrotechnic articles exports soared to $X in 2021. The total export value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Germany (X tons), distantly followed by France (X tons), the Czech Republic (X tons), Italy (X tons), Sweden (X tons) and Spain (X tons) represented the main exporters of signalling flares, rain rockets, fog signals and other pyrotechnic articles, together generating 95% of total exports. The Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of +10.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest pyrotechnic articles supplying countries in the European Union were France ($X), Germany ($X) and the Czech Republic ($X), together accounting for 84% of total exports.

The Czech Republic, with a CAGR of +12.4%, saw the highest rates of growth with regard to 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, rising by 26% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 France ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+28.8%), while the other leaders experienced more modest paces of growth.

Pyrotechnic Articles Imports

Imports in the EU

In 2021, supplies from abroad of signalling flares, rain rockets, fog signals and other pyrotechnic articles decreased by -26.7% to X tons, falling for the third year in a row after three years of growth. Overall, imports showed a perceptible decline. The most prominent rate of growth was recorded in 2013 when imports increased by 42%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, pyrotechnic articles imports surged to $X in 2021. The total import value increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Spain (X tons), France (X tons), Germany (X tons), the Netherlands (X tons), Denmark (X tons), Italy (X tons), the Czech Republic (X tons), Sweden (X tons), Poland (X tons), Greece (X tons) and Portugal (X tons) represented the major importer of signalling flares, rain rockets, fog signals and other pyrotechnic articles in the European Union, creating 89% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Czech Republic (with a CAGR of +35.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pyrotechnic articles importing markets in the European Union were the Netherlands ($X), Germany ($X) and Sweden ($X), with a combined 46% share of total imports. Poland, France, Italy, Spain, Portugal, Greece, Denmark and the Czech Republic lagged somewhat behind, together accounting for a further 39%.

Among the main importing countries, Poland, with a CAGR of +27.4%, 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

The import price in the European Union stood at $X per ton in 2021, jumping by 85% against the previous year. In general, the import price saw a buoyant increase. As a result, import price reached the peak level 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 Sweden ($X per ton), while Spain ($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 (+28.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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