France: Ride-On Compaction Equipment Market 2024

Ride-On Compaction Equipment Market Size in France

The French ride-on compaction equipment market shrank modestly to $X in 2022, which is down by -3% against the previous year. Over the period under review, consumption recorded a pronounced increase. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Ride-On Compaction Equipment Production in France

In value terms, ride-on compaction equipment production fell markedly to $X in 2022 estimated in export price. Over the period under review, production saw a precipitous curtailment. The pace of growth appeared the most rapid in 2015 when the production volume increased by 24,933% against the previous year. Ride-on compaction equipment production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Ride-On Compaction Equipment Exports

Exports from France

In 2022, after four years of growth, there was significant decline in overseas shipments of ride-on compaction equipment, when their volume decreased by -30.2% to X units. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 89% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, ride-on compaction equipment exports shrank notably to $X in 2022. Over the period under review, exports saw a sharp decrease. The pace of growth was the most pronounced in 2018 when exports increased by 33% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units), Portugal (X units) and Poland (X units) were the main destinations of ride-on compaction equipment exports from France, together accounting for 43% of total exports. Romania, Saudi Arabia, Spain, Belgium, Germany, Slovenia, Morocco, Switzerland, Austria and Canada lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +17.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ride-on compaction equipment exported from France were the Netherlands ($X), Romania ($X) and Germany ($X), with a combined 44% share of total exports. Poland, Spain, Portugal, Switzerland, Saudi Arabia, Canada, Morocco, Belgium, Slovenia and Austria lagged somewhat behind, together comprising a further 40%.

In terms of the main countries of destination, Slovenia, with a CAGR of +8.8%, 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 2022, the average ride-on compaction equipment export price amounted to $X per unit, rising by 19% against the previous year. Over the period under review, the export price, however, recorded a deep downturn. The growth pace was the most rapid in 2015 an increase of 65% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ride-On Compaction Equipment Imports

Imports into France

In 2022, ride-on compaction equipment imports into France totaled X units, flattening at 2021 figures. In general, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 94% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, ride-on compaction equipment imports shrank to $X in 2022. Overall, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.5% 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 +11.1% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 44%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest ride-on compaction equipment supplier to France, accounting for a 71% share of total imports. Moreover, ride-on compaction equipment imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X units), sixfold. The Czech Republic (X units) ranked third in terms of total imports with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+28.7% per year) and the Czech Republic (+27.0% per year).

In value terms, Germany ($X) constituted the largest supplier of ride-on compaction equipment to France, comprising 59% of total imports. The second position in the ranking was taken by Belgium ($X), with a 13% share of total imports. It was followed by the Czech Republic, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+48.0% per year) and the Czech Republic (+14.6% per year).

Import Prices by Country

In 2022, the average ride-on compaction equipment import price amounted to $X per unit, which is down by -14% against the previous year. Over the period under review, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 35%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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