Europe: Metal Non-Electric Bell Market 2024

Metal Non-Electric Bell Market Size in Europe

In 2021, after two years of decline, there was significant growth in the Europe metal non-electric bell market, when its value increased by 42% to $X. The total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -25.9% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Metal Non-Electric Bell Production in Europe

In value terms, metal non-electric bell production soared to $X in 2021 estimated in export price. Overall, production showed a temperate expansion. The most prominent rate of growth was recorded in 2018 with an increase of 107% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Metal Non-Electric Bell Exports

Exports in Europe

In 2021, metal non-electric bell exports in Europe expanded remarkably to X tons, picking up by 11% on the previous year. Total exports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +76.8% against 2013 indices. The most prominent rate of growth was recorded in 2019 when exports increased by 20% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, metal non-electric bell exports expanded remarkably to $X in 2021. Total exports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +94.1% against 2015 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 28%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

In 2021, the Netherlands (X tons) represented the major exporter of non-electric bells and gongs of base metal, achieving 42% of total exports. Germany (X tons) took a 16% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (9.3%) and the UK (5.1%). The following exporters - Italy (X tons), France (X tons), Poland (X tons), Spain (X tons), Russia (X tons), Austria (X tons) and Denmark (X tons) - together made up 20% of total exports.

From 2012 to 2021, average annual rates of growth with regard to metal non-electric bell exports from the Netherlands stood at +14.6%. At the same time, Poland (+21.7%), Spain (+15.3%), Belgium (+11.7%), Russia (+6.8%), France (+3.3%), Italy (+2.0%) and Germany (+1.7%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Europe, with a CAGR of +21.7% from 2012-2021. By contrast, the UK (-2.1%), Austria (-13.9%) and Denmark (-22.0%) illustrated a downward trend over the same period. The Netherlands (+25 p.p.), Belgium (+4.6 p.p.), Poland (+2.7 p.p.) and Spain (+2.1 p.p.) significantly strengthened its position in terms of the total exports, while Germany, the UK, Austria and Denmark saw its share reduced by -2.8%, -3.3%, -8.3% and -18.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), Germany ($X) and Belgium ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 57% share of total exports. Poland, the UK, Italy, France, Austria, Spain, Russia and Denmark lagged somewhat behind, together comprising a further 35%.

Among the main exporting countries, Poland, with a CAGR of +39.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Europe amounted to $X per ton, growing by 3.2% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 13% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+14.8%), while the other leaders experienced more modest paces of growth.

Metal Non-Electric Bell Imports

Imports in Europe

In 2021, supplies from abroad of non-electric bells and gongs of base metal was finally on the rise to reach X tons after three years of decline. The total import volume increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by 12% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, metal non-electric bell imports soared to $X in 2021. The total import value increased at an average annual rate of +4.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), distantly followed by the Netherlands (X tons), the UK (X tons), France (X tons), Belgium (X tons), Italy (X tons) and Poland (X tons) represented the largest importers of non-electric bells and gongs of base metal, together committing 68% of total imports. The following importers - Spain (X tons), Russia (X tons), Ireland (X tons), Ukraine (X tons), Hungary (X tons) and Portugal (X tons) - together made up 16% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Portugal (with a CAGR of +13.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported non-electric bells and gongs of base metal in Europe, comprising 26% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 13% share of total imports. It was followed by France, with an 8.2% share.

In Germany, metal non-electric bell imports expanded at an average annual rate of +6.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+11.6% per year) and France (+8.1% per year).

Import Prices by Country

The import price in Europe stood at $X per ton in 2021, increasing by 14% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2019 an increase of 15% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform