Europe: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2024

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Europe

The Europe market for fully or partly automatic electric machines for arc welding of metals was estimated at $X in 2022, remaining stable against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Europe

In value terms, production of fully or partly automatic electric machines for arc welding of metals expanded slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 7.3% against the previous year. Over the period under review, production of attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports in Europe

In 2022, the amount of fully or partly automatic electric machines for arc welding of metals exported in Europe declined to X units, with a decrease of -10% compared with 2021. The total export volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. As a result, the exports reached the peak of X units, and then shrank in the following year.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals reduced to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

In 2022, Germany (X units) represented the key exporter of fully or partly automatic electric machines for arc welding of metals, achieving 37% of total exports. Hungary (X units) held the second position in the ranking, followed by Austria (X units), the Czech Republic (X units), Poland (X units), Italy (X units), the Netherlands (X units) and Sweden (X units). All these countries together took near 45% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to fully or partly automatic arc welding machine exports from Germany stood at +3.1%. At the same time, the Netherlands (+13.1%), Sweden (+8.0%), Austria (+3.0%), Hungary (+2.8%) and the Czech Republic (+2.1%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Europe, with a CAGR of +13.1% from 2012-2022. Italy experienced a relatively flat trend pattern. By contrast, Poland (-2.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Germany, the Netherlands and Sweden increased by +5.7, +3.2 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest fully or partly automatic arc welding machine supplier in Europe, comprising 33% of total exports. The second position in the ranking was taken by Austria ($X), with a 15% share of total exports. It was followed by the Netherlands, with a 6.3% share.

In Germany, exports of fully or partly automatic electric machines for arc welding of metals remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Austria (+2.5% per year) and the Netherlands (+11.2% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, approximately reflecting the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 6.7%. Over the period under review, the export prices reached the maximum at $X per unit in 2014; however, from 2015 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 Austria ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.6%), while the other leaders experienced mixed trends in the export price figures.

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports in Europe

In 2022, the amount of fully or partly automatic electric machines for arc welding of metals imported in Europe shrank to X units, which is down by -13.2% compared with 2021 figures. The total import volume increased at an average annual rate of +1.9% 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 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of X units, and then declined in the following year.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals amounted to $X in 2022. The total import value increased at an average annual rate of +1.9% over the period 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 2021 with an increase of 26% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Russia (X units), distantly followed by Germany (X units), Poland (X units), the UK (X units), Austria (X units), the Czech Republic (X units) and France (X units) were the key importers of fully or partly automatic electric machines for arc welding of metals, together mixing up 62% of total imports. The following importers - Hungary (X units), Italy (X units), the Netherlands (X units), Spain (X units), Belarus (X units) and Belgium (X units) - together made up 19% of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of fully or partly automatic electric machines for arc welding of metals. At the same time, Hungary (+20.1%), Poland (+16.5%), the Czech Republic (+10.1%), Spain (+8.8%), the Netherlands (+7.9%), the UK (+3.8%), Italy (+3.6%) and France (+2.4%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Europe, with a CAGR of +20.1% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, Belarus (-2.7%), Austria (-2.8%) and Belgium (-9.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Hungary, the Czech Republic and the Netherlands increased by +6, +3.5, +2.8 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest fully or partly automatic arc welding machine importing markets in Europe were Russia ($X), Germany ($X) and the Netherlands ($X), together accounting for 34% of total imports. France, Italy, Poland, Austria, the UK, the Czech Republic, Hungary, Spain, Belgium and Belarus lagged somewhat behind, together accounting for a further 46%.

Poland, with a CAGR of +10.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, increasing by 15% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform