Europe: Metal Castor Mounting Market 2025

Metal Castor Mounting Market Size in Europe

The Europe metal castor mounting market fell modestly to $X in 2022, waning by -2.4% against the previous year. The market value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then shrank modestly in the following year.

Metal Castor Mounting Production in Europe

In value terms, metal castor mounting production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Metal Castor Mounting Exports

Exports in Europe

In 2022, shipments abroad of castors with mountings of base metal decreased by -10.1% to X tons for the first time since 2019, thus ending a two-year rising trend. Total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when exports increased by 23% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then contracted in the following year.

In value terms, metal castor mounting exports contracted modestly to $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.3% 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 +67.0% against 2015 indices. The pace of growth appeared the most rapid in 2016 when exports increased by 23%. Over the period under review, the exports attained the maximum at $X in 2021, and then contracted in the following year.

Exports by Country

In 2022, Germany (X tons) and Italy (X tons) were the largest exporters of castors with mountings of base metal in Europe, together committing 37% of total exports. Ireland (X tons) held a 10% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (8.2%), France (7.1%), Sweden (6%), Slovakia (5.7%), Spain (5.5%) and the UK (5.1%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Czech Republic (with a CAGR of +17.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest metal castor mounting supplier in Europe, comprising 36% of total exports. The second position in the ranking was held by Italy ($X), with an 11% share of total exports. It was followed by France, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value in Germany stood at +3.8%. In the other countries, the average annual rates were as follows: Italy (+3.5% per year) and France (+16.4% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, picking up by 9.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2021 when the export price increased by 13%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.9%), while the other leaders experienced more modest paces of growth.

Metal Castor Mounting Imports

Imports in Europe

In 2022, approx. X tons of castors with mountings of base metal were imported in Europe; shrinking by -9.5% against the previous year. The total import volume increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17%. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, metal castor mounting imports dropped to $X in 2022. Total imports indicated a pronounced 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, imports increased by +22.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 26%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, Germany (X tons), the UK (X tons), Russia (X tons), Poland (X tons), Spain (X tons), France (X tons), the Netherlands (X tons), Italy (X tons), the Czech Republic (X tons), Belgium (X tons), Sweden (X tons) and Austria (X tons) represented the key importer of castors with mountings of base metal in Europe, constituting 82% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of +14.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported castors with mountings of base metal in Europe, comprising 20% of total imports. The second position in the ranking was taken by the UK ($X), with a 9.4% share of total imports. It was followed by Spain, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany amounted to +1.7%. In the other countries, the average annual rates were as follows: the UK (+4.1% per year) and Spain (+16.4% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, surging by 7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2018 an increase of 8.6% against the previous year. Over the period under review, import prices hit record highs in 2022 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 Austria ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform