EU: Thermoforming Machine Market 2025

Thermoforming Machine Market Size in the EU

After two years of decline, the EU thermoforming machine market increased by 0.3% to $X in 2021. The total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -33.0% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Thermoforming Machine Production in the EU

In value terms, thermoforming machine production fell slightly to $X in 2021 estimated in export price. In general, production, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by 15%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Thermoforming Machine Exports

Exports in the EU

In 2021, thermoforming machine exports in the European Union surged to X units, picking up by 29% compared with 2020. Overall, exports showed modest growth. The pace of growth was the most pronounced in 2018 with an increase of 34%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, thermoforming machine exports expanded sharply to $X in 2021. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 19%. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Germany (X units), distantly followed by the Netherlands (X units), Italy (X units) and the Czech Republic (X units) were the largest exporters of thermoforming machines for working rubber or plastics, together mixing up 87% of total exports. The following exporters - France (X units), Spain (X units), Denmark (X units) and Austria (X units) - each amounted to a 7% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Czech Republic (with a CAGR of +19.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest thermoforming machine supplying countries in the European Union were Germany ($X), Italy ($X) and the Czech Republic ($X), with a combined 83% share of total exports. These countries were followed by Austria, Spain, the Netherlands, France and Denmark, which together accounted for a further 9.5%.

Austria, with a CAGR of +11.2%, 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 unit, falling by -12.8% against the previous year. In general, the export price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2013 when the export price increased by 37%. Over the period under review, the export prices reached the maximum at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

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 Austria ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+15.4%), while the other leaders experienced more modest paces of growth.

Thermoforming Machine Imports

Imports in the EU

In 2021, overseas purchases of thermoforming machines for working rubber or plastics were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by 29% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, thermoforming machine imports soared to $X in 2021. The total import value increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Spain (X units), distantly followed by the Netherlands (X units), France (X units) and Sweden (X units) represented the largest importers of thermoforming machines for working rubber or plastics, together achieving 73% of total imports. Italy (X units), Poland (X units), Croatia (X units), the Czech Republic (X units), Lithuania (X units), Greece (X units) and Slovakia (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Croatia (with a CAGR of +33.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest thermoforming machine importing markets in the European Union were Poland ($X), France ($X) and Spain ($X), together comprising 36% of total imports. These countries were followed by Italy, the Czech Republic, Slovakia, the Netherlands, Sweden, Greece, Lithuania and Croatia, which together accounted for a further 24%.

Lithuania, with a CAGR of +27.0%, recorded the highest rates of growth with regard to 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 unit in 2021, picking up by 15% 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 2014 when the import price increased by 65%. As a result, import price attained the peak level of $X per unit. From 2015 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 Poland ($X per unit), while Croatia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+27.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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