Europe: Market for Pulley Tackle And Hoists Powered By An Electric Motor 2025

Market Size for Pulley Tackle And Hoists Powered By An Electric Motor in Europe

The Europe market for pulley tackle and hoists powered by an electric motor soared to $X in 2022, surging by 62% against the previous year. The market value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Pulley Tackle And Hoists Powered By An Electric Motor in Europe

In value terms, production of pulley tackle and hoists powered by an electric motor rose remarkably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Pulley Tackle And Hoists Powered By An Electric Motor

Exports in Europe

In 2022, the amount of pulley tackle and hoists powered by an electric motor exported in Europe declined slightly to X units, waning by -2.7% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 23% 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 pulley tackle and hoists powered by an electric motor stood at $X in 2022. The total export value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 31% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Germany (X units), distantly followed by Belgium (X units), Denmark (X units), Italy (X units), the Netherlands (X units), the UK (X units), Poland (X units) and Spain (X units) represented the main exporters of pulley tackle and hoists powered by an electric motor, together committing 81% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Denmark (with a CAGR of +33.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest pulley tackle and hoists powered by an electric motor supplier in Europe, comprising 35% of total exports. The second position in the ranking was taken by Spain ($X), with a 7.2% share of total exports. It was followed by Italy, with a 6.3% share.

In Germany, exports of pulley tackle and hoists powered by an electric motor decreased by an average annual rate of -1.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Spain (+7.3% per year) and Italy (+1.1% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, with an increase of 3.5% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by 6.7% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Spain ($X per unit), while Poland ($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 UK (+9.7%), while the other leaders experienced more modest paces of growth.

Imports of Pulley Tackle And Hoists Powered By An Electric Motor

Imports in Europe

In 2022, purchases abroad of pulley tackle and hoists powered by an electric motor increased by 11% to X units, rising for the second consecutive year after two years of decline. In general, imports, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 22% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of pulley tackle and hoists powered by an electric motor rose modestly to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 26% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units), Russia (X units), France (X units), the UK (X units), Belgium (X units), the Netherlands (X units), Spain (X units), Germany (X units) and Sweden (X units) represented the main importer of pulley tackle and hoists powered by an electric motor in Europe, constituting 78% of total import. Austria (X units), the Czech Republic (X units), Denmark (X units) and Poland (X units) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Sweden (with a CAGR of +18.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pulley tackle and hoists powered by an electric motor importing markets in Europe were Russia ($X), the UK ($X) and France ($X), with a combined 35% share of total imports. Germany, the Czech Republic, Italy, Sweden, Spain, the Netherlands, Poland, Denmark, Belgium and Austria lagged somewhat behind, together comprising a further 46%.

Sweden, with a CAGR of +19.1%, recorded the highest growth rate of the value of imports, among 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, shrinking by -6.7% against the previous year. Import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pulley tackle and hoists powered by an electric motor decreased by -8.9% against 2020 indices. The pace of growth was the most pronounced in 2016 when the import price increased by 19% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+12.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform