Europe: Spades And Shovels Market 2025

Spades And Shovels Market Size in Europe

In 2021, the Europe spades and shovels market increased by 39% to $X, rising for the fifth year in a row after two years of decline. The market value increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Spades And Shovels Production in Europe

In value terms, spades and shovels production skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Spades And Shovels Exports

Exports in Europe

In 2021, shipments abroad of spades and shovels increased by 16% to X tons, rising for the fifth year in a row after three years of decline. Total exports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +4.0% 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 +75.5% against 2016 indices. The pace of growth was the most pronounced in 2017 when exports increased by 28%. The volume of export peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, spades and shovels exports surged to $X in 2021. Total exports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% 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 +96.4% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of 30%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Poland (X tons) and the Netherlands (X tons) represented roughly 51% of total exports in 2021. Germany (X tons) took the next position in the ranking, followed by Russia (X tons). All these countries together held approx. 17% share of total exports. Italy (X tons), Austria (X tons), Slovenia (X tons), the Czech Republic (X tons), Finland (X tons), France (X tons), Belgium (X tons) and the UK (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of +24.2%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Netherlands ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2021, with a combined 55% share of total exports.

In terms of the main exporting countries, the Netherlands, with a CAGR of +24.9%, saw the highest growth rate of 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, surging by 4% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by 9.4%. Over the period under review, the export prices attained the maximum at $X per ton in 2014; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.9%), while the other leaders experienced more modest paces of growth.

Spades And Shovels Imports

Imports in Europe

In 2021, purchases abroad of spades and shovels increased by 30% to X tons, rising for the fifth consecutive year after two years of decline. Total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +77.6% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, spades and shovels imports surged to $X in 2021. Total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +108.3% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the UK (X tons), Russia (X tons), Germany (X tons) and the Netherlands (X tons) was the key importer of spades and shovels in Europe, committing 54% of total import. France (X tons) took a 6.6% share (based on physical terms) of total imports, which put it in second place, followed by Poland (4.7%). The following importers - Romania (X tons), Spain (X tons), the Czech Republic (X tons), Ukraine (X tons), Finland (X tons), Sweden (X tons) and Belgium (X tons) - together made up 17% 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 the Netherlands (with a CAGR of +20.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest spades and shovels importing markets in Europe were Germany ($X), the UK ($X) and the Netherlands ($X), together accounting for 43% of total imports.

The Netherlands, with a CAGR of +17.1%, recorded the highest growth rate of 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

The import price in Europe stood at $X per ton in 2021, picking up by 12% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+6.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform