EU: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in the EU

The EU market for spray guns and similar appliances declined to $X in 2022, waning by -11.7% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Spray Guns And Similar Appliances in the EU

In value terms, spray guns and similar appliances production shrank modestly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 104% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Spray Guns And Similar Appliances

Exports in the EU

In 2022, after two years of growth, there was significant decline in shipments abroad of spray guns and similar appliances, when their volume decreased by -12.1% to X units. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 48% against the previous year. The volume of export peaked at X units in 2021, and then reduced in the following year.

In value terms, spray guns and similar appliances exports dropped to $X in 2022. The total export value increased at an average annual rate of +1.5% 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 appeared the most rapid in 2021 when exports increased by 20%. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

In 2022, Italy (X units), the Netherlands (X units) and Germany (X units) was the largest exporter of spray guns and similar appliances in the European Union, generating 68% of total export. Belgium (X units) took the next position in the ranking, followed by Spain (X units). All these countries together took approx. 13% share of total exports. The following exporters - Austria (X units) and Poland (X units) - each recorded an 8.3% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Poland (with a CAGR of +15.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest spray guns and similar appliances supplying countries in the European Union were Germany ($X), Italy ($X) and the Netherlands ($X), with a combined 63% share of total exports. Belgium, Spain, Poland and Austria lagged somewhat behind, together comprising a further 25%.

In terms of the main exporting countries, Poland, with a CAGR of +14.7%, saw the highest rates of growth with regard to 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, flattening at the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the export price increased by 39% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Belgium ($X per unit), while Italy ($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 (+5.6%), while the other leaders experienced more modest paces of growth.

Imports of Spray Guns And Similar Appliances

Imports in the EU

After four years of growth, overseas purchases of spray guns and similar appliances decreased by -15.8% to X units in 2022. Total imports indicated a moderate 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. Based on 2022 figures, imports increased by +36.3% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, imports reached the peak of X units, and then shrank significantly in the following year.

In value terms, spray guns and similar appliances imports contracted to $X in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 +55.6% against 2015 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

The purchases of the three major importers of spray guns and similar appliances, namely Germany, the Netherlands and Italy, represented more than third of total import. France (X units) took the next position in the ranking, followed by Spain (X units), Belgium (X units) and Poland (X units). All these countries together took near 32% share of total imports. Hungary (X units), Austria (X units), the Czech Republic (X units), Sweden (X units) and Romania (X units) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of +6.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest spray guns and similar appliances importing markets in the European Union were Germany ($X), Italy ($X) and the Netherlands ($X), with a combined 44% share of total imports. Belgium, France, Poland, Spain, Austria, the Czech Republic, Sweden, Romania and Hungary lagged somewhat behind, together comprising a further 45%.

Among the main importing countries, Poland, with a CAGR of +10.4%, 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 2022, the import price in the European Union amounted to $X per unit, picking up by 4.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 6.6%. Over the period under review, import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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