Europe: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in Europe

After two years of decline, the Europe steam blasting machine market increased by 27% to $X in 2021. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Steam Blasting Machine Production in Europe

In value terms, steam blasting machine production skyrocketed to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 33%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Steam Blasting Machine Exports

Exports in Europe

In 2021, the amount of steam or sand blasting machines and similar jet-projecting machines exported in Europe skyrocketed to X units, rising by 23% compared with 2020 figures. Overall, exports, however, continue to indicate a relatively flat trend pattern. The volume of export peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, steam blasting machine exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X units) and Germany (X units) represented roughly 60% of total exports in 2021. It was distantly followed by Belgium (X units), committing a 16% share of total exports. The following exporters - Slovakia (X units), the Czech Republic (X units), the Netherlands (X units), the UK (X units) and Denmark (X units) - together made up 16% of total exports.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +52.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest steam blasting machine supplying countries in Europe were Germany ($X), Italy ($X) and the Netherlands ($X), together accounting for 66% of total exports. These countries were followed by Belgium, Denmark, the UK, Slovakia and the Czech Republic, which together accounted for a further 17%.

Slovakia, with a CAGR of +53.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per unit in 2021, declining by -3.8% against the previous year. Over the last nine years, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2017 an increase of 18%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2021, 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 the Netherlands ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+28.0%), while the other leaders experienced more modest paces of growth.

Steam Blasting Machine Imports

Imports in Europe

In 2021, purchases abroad of steam or sand blasting machines and similar jet-projecting machines increased by 33% to X units, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +5.6% over the period from 2012 to 2021; however, 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.

In value terms, steam blasting machine imports skyrocketed to $X in 2021. Total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.0% 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 +68.7% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, France (X units), Italy (X units), Germany (X units), Russia (X units) and the Netherlands (X units) was the key importer of steam or sand blasting machines and similar jet-projecting machines in Europe, mixing up 64% of total import. It was distantly followed by the UK (X units), making up a 4.7% share of total imports. The following importers - Spain (X units), Belgium (X units), Poland (X units), Slovakia (X units), Sweden (X units) and the Czech Republic (X units) - together made up 18% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Slovakia (with a CAGR of +31.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2021, with a combined 37% share of total imports. Russia, the Netherlands, Belgium, Italy, Poland, Spain, Slovakia, Sweden and the Czech Republic lagged somewhat behind, together comprising a further 42%.

Among the main importing countries, Slovakia, with a CAGR of +30.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Europe amounted to $X per unit, reducing by -4.1% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 17%. The level of import peaked at $X per unit in 2020, and then reduced slightly in the following year.

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 the UK ($X per unit), while Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+16.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform