Europe: Brakes And Servo-Brakes Market 2025

Brakes And Servo-Brakes Market Size in Europe

In 2022, the Europe brakes and servo-brakes market increased by 14% to $X, rising for the second year in a row after two years of decline. In general, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Brakes And Servo-Brakes Production in Europe

In value terms, brakes and servo-brakes production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 10%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Brakes And Servo-Brakes Exports

Exports in Europe

In 2022, overseas shipments of brakes and servo-brakes increased by 0.4% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +2.3% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, brakes and servo-brakes exports dropped modestly to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Germany (X tons), distantly followed by Poland (X tons), Italy (X tons), Spain (X tons), the Czech Republic (X tons) and France (X tons) were the key exporters of brakes and servo-brakes, together mixing up 82% of total exports. The UK (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +9.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest brakes and servo-brakes supplier in Europe, comprising 31% of total exports. The second position in the ranking was held by Italy ($X), with a 14% share of total exports. It was followed by Poland, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+1.7% per year) and Poland (+7.5% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, with a decrease of -3.7% against the previous year. Overall, the export price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2018 when the export price increased by 3.8%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the UK ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.3%), while the other leaders experienced a decline in the export price figures.

Brakes And Servo-Brakes Imports

Imports in Europe

In 2022, purchases abroad of brakes and servo-brakes increased by 8.7% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.5% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 14%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, brakes and servo-brakes imports rose modestly to $X in 2022. The total import value increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; afterwards, it flattened through to 2022.

Imports by Country

Germany represented the largest importing country with an import of around X tons, which resulted at 28% of total imports. Poland (X tons) ranks second in terms of the total imports with an 8.2% share, followed by the UK (7.8%), France (7.6%), Italy (7.5%), the Czech Republic (6%), Russia (5.6%) and Sweden (4.7%). Spain (X tons), Slovakia (X tons), Belgium (X tons), Romania (X tons) and the Netherlands (X tons) took a minor share of total imports.

Imports into Germany increased at an average annual rate of +4.2% from 2012 to 2022. At the same time, Poland (+8.1%), Romania (+7.0%), Sweden (+6.6%), Italy (+5.1%), Russia (+4.1%), the Netherlands (+4.1%), the Czech Republic (+2.9%), Slovakia (+2.9%), the UK (+1.7%) and Spain (+1.2%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Europe, with a CAGR of +8.1% from 2012-2022. Belgium and France experienced a relatively flat trend pattern. While the share of Poland (+2.9 p.p.) and Germany (+1.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of France (-3.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported brakes and servo-brakes in Europe, comprising 24% of total imports. The second position in the ranking was taken by France ($X), with an 8.4% share of total imports. It was followed by the UK, with a 7.9% share.

In Germany, brakes and servo-brakes imports expanded at an average annual rate of +1.4% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: France (-1.1% per year) and the UK (+0.7% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, dropping by -5.8% against the previous year. In general, the import price showed a slight contraction. The most prominent rate of growth was recorded in 2018 an increase of 5.7%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Slovakia ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+0.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform