Europe: Levels Market 2024

Levels Market Size in Europe

The Europe levels market contracted to $X in 2022, waning by X% against the previous year. Over the period under review, consumption saw a noticeable decrease. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Levels Production in Europe

In value terms, levels production declined modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Levels Exports

Exports in Europe

For the eleventh year in a row, Europe recorded growth in shipments abroad of levels, which increased by X% to X units in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, levels exports contracted markedly to $X in 2022. Total exports 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. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then fell markedly in the following year.

Exports by Country

In 2022, Germany (X units) was the key exporter of levels, making up X% of total exports. The Netherlands (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (X%) and Spain (X%). The following exporters - Austria (X units), Belarus (X units) and Italy (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to levels exports from Germany stood at X%. At the same time, Belarus (X%), Spain (X%), Belgium (X%), the Netherlands (X%), Italy (X%) and Austria (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. While the share of the Netherlands (X p.p.), Spain (X p.p.), Belgium (X p.p.) and Belarus (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Austria (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest levels supplier in Europe, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Austria, with an X% share.

In Germany, levels exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Austria (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, waning by X% against the previous year. In general, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Austria ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Levels Imports

Imports in Europe

For the third year in a row, Europe recorded growth in purchases abroad of levels, which increased by X% to X units in 2022. In general, imports recorded a prominent increase. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, levels imports declined remarkably to $X in 2022. Total imports indicated a prominent 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 2015 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted dramatically in the following year.

Imports by Country

Germany was the key importer of levels in Europe, with the volume of imports finishing at X units, which was near X% of total imports in 2022. It was distantly followed by the Netherlands (X units), Russia (X units), the UK (X units) and Belgium (X units), together comprising a X% share of total imports. The following importers - Switzerland (X units) and Belarus (X units) - each finished at a X% share of total imports.

Imports into Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%), Belgium (X%), the UK (X%), Belarus (X%) and Russia (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Switzerland experienced a relatively flat trend pattern. From 2012 to 2022, the share of Germany, the Netherlands, the UK and Belgium increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported levels in Europe, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total imports. It was followed by the UK, with a X% share.

In Germany, levels imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price recorded a abrupt contraction. The pace of growth was the most pronounced in 2015 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 Switzerland ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform