Europe: Market for Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process 2024

Market Size for Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process in Europe

In 2022, the Europe market for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process increased by X% to $X, rising for the second consecutive year after three years of decline. The total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process in Europe

In value terms, production of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process skyrocketed to $X in 2022 estimated in export price. In general, production continues to indicate a mild decrease. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process

Exports in Europe

After two years of growth, overseas shipments of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process decreased by X% to X units in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked at X units in 2021, and then declined remarkably in the following year.

In value terms, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process dropped remarkably to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The level of export peaked at $X in 2021, and then declined markedly in the following year.

Exports by Country

In 2022, Germany (X units) and Italy (X units) represented the key exporters of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process in Europe, together resulting at near X% of total exports. It was distantly followed by Belgium (X units), mixing up a X% share of total exports. The Netherlands (X units), France (X units), Denmark (X units), the UK (X units), Poland (X units), Spain (X units), Switzerland (X units), Russia (X units), Austria (X units) and Sweden (X units) followed a long way behind the leaders.

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

In value terms, Germany ($X) remains the largest machinery for material treatment by heating or cooling process supplier in Europe, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by the Netherlands, with an X% share.

In Germany, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while Russia ($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 (X%), while the other leaders experienced more modest paces of growth.

Imports of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process

Imports in Europe

After two years of growth, supplies from abroad of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process decreased by X% to X units in 2022. In general, imports, however, continue to indicate moderate growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process totaled $X in 2022. Total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Russia (X units) represented the key importer of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process, mixing up X% of total imports. It was distantly followed by Germany (X units) and France (X units), together generating a X% share of total imports. The UK (X units), Poland (X units), Austria (X units), Belgium (X units), the Netherlands (X units), Spain (X units), Switzerland (X units), Denmark (X units), Italy (X units) and Sweden (X units) held a relatively small share of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Denmark (X%), Austria (X%), Italy (X%), Germany (X%), the UK (X%), Poland (X%), France (X%), Switzerland (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Spain experienced a relatively flat trend pattern. By contrast, Sweden (X%) and Belgium (X%) illustrated a downward trend over the same period. While the share of Germany (X p.p.), Denmark (X p.p.) and Austria (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest machinery for material treatment by heating or cooling process importing markets in Europe were Russia ($X), Germany ($X) and France ($X), with a combined X% share of total imports. The Netherlands, the UK, Switzerland, Poland, Austria, Italy, Spain, Belgium, Sweden and Denmark lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Denmark, with a CAGR of X%, saw the highest growth rate of 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

The import price in Europe stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure in 2022 and is likely to continue growth in the near future.

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

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

Source: IndexBox Platform