Europe: Fireworks Market 2024

Fireworks Market Size in Europe

In 2022, the Europe fireworks market increased by X% to $X for the first time since 2017, thus ending a four-year declining trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Fireworks Production in Europe

In value terms, fireworks production soared to $X in 2022 estimated in export price. The total production indicated a temperate 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, production increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level in 2022 and is expected to retain growth in the near future.

Fireworks Exports

Exports in Europe

In 2022, the amount of fireworks exported in Europe expanded to X tons, with an increase of X% against 2021. In general, exports showed a moderate expansion. The pace of growth was the most pronounced in 2018 when exports increased by X%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, fireworks exports soared to $X in 2022. Over the period under review, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Germany (X tons) and the Netherlands (X tons) represented roughly X% of total exports in 2022. It was distantly followed by the Czech Republic (X tons), Poland (X tons) and Belarus (X tons), together creating a X% share of total exports. The following exporters - Bulgaria (X tons) and Spain (X tons) - together made up X% of total exports.

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

In value terms, Germany ($X), the Netherlands ($X) and Poland ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Spain, the Czech Republic, Belarus and Bulgaria lagged somewhat behind, together comprising a further X%.

Belarus, with a CAGR of X%, saw the highest growth rate of 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

The export price in Europe stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

Fireworks Imports

Imports in Europe

In 2022, supplies from abroad of fireworks increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, showed a noticeable decline. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, fireworks imports surged to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the seven major importers of fireworks, namely Poland, the UK, Germany, the Czech Republic, Italy, Denmark and the Netherlands, represented more than two-thirds of total import. Bulgaria (X tons), Spain (X tons), Norway (X tons), France (X tons), Romania (X tons) and Belarus (X tons) followed a long way behind the leaders.

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

In value terms, Poland ($X), the UK ($X) and Germany ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Italy, Denmark, the Netherlands, the Czech Republic, France, Spain, Norway, Romania, Belarus and Bulgaria lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Romania, with a CAGR of X%, recorded 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 ton in 2022, rising by X% against the previous year. Import price indicated moderate growth from 2012 to 2022: its price 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, fireworks import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform