EU: Vices And Clamps Market 2024

Vices And Clamps Market Size in the EU

The EU vices and clamps market reduced to $X in 2022, which is down by -7.4% against the previous year. The total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +22.5% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Vices And Clamps Production in the EU

In value terms, vices and clamps production fell to $X in 2022 estimated in export price. The total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +5.1% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 36%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Vices And Clamps Exports

Exports in the EU

In 2022, after six years of growth, there was significant decline in overseas shipments of vices and clamps, when their volume decreased by -18.7% to X tons. Total exports indicated a moderate expansion from 2012 to 2022: its volume 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. The growth pace was the most rapid in 2021 when exports increased by 21% against the previous year. As a result, the exports attained the peak of X tons, and then shrank rapidly in the following year.

In value terms, vices and clamps exports shrank to $X in 2022. Total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.5% against 2015 indices. The pace of growth appeared the most rapid in 2021 with an increase of 27%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

Germany (X tons) and Spain (X tons) were the largest exporters of vices and clamps in 2022, accounting for approx. 28% and 19% of total exports, respectively. Belgium (X tons) held the next position in the ranking, followed by the Netherlands (X tons), Italy (X tons), Austria (X tons) and Poland (X tons). All these countries together took approx. 38% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +17.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest vices and clamps supplier in the European Union, comprising 44% of total exports. The second position in the ranking was held by Italy ($X), with a 10% share of total exports. It was followed by Spain, with an 8.6% share.

From 2012 to 2022, the average annual growth rate of value in Germany stood at +5.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+3.6% per year) and Spain (+14.2% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, rising by 5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2013 an increase of 12% against the previous year. The level of export peaked at $X per ton 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 Germany ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.5%), while the other leaders experienced more modest paces of growth.

Vices And Clamps Imports

Imports in the EU

After eight years of growth, supplies from abroad of vices and clamps decreased by -16.3% to X tons in 2022. In general, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 42%. As a result, imports reached the peak of X tons, and then declined remarkably in the following year.

In value terms, vices and clamps imports contracted to $X in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, Germany (X tons), distantly followed by France (X tons), the Netherlands (X tons), Poland (X tons), Spain (X tons), Belgium (X tons) and Austria (X tons) represented the major importers of vices and clamps, together creating 75% of total imports. Italy (X tons), the Czech Republic (X tons), Romania (X tons), Sweden (X tons), Hungary (X tons) and Portugal (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +16.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported vices and clamps in the European Union, comprising 27% of total imports. The second position in the ranking was taken by France ($X), with a 12% share of total imports. It was followed by the Netherlands, with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany stood at +6.7%. In the other countries, the average annual rates were as follows: France (+7.1% per year) and the Netherlands (+8.1% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, picking up by 5.2% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 9.1% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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