France: Tamping Machinery Market 2024

Tamping Machinery Market Size in France

In 2021, the French tamping machinery market increased by 22% to $X for the first time since 2016, thus ending a four-year declining trend. The market value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Tamping Machinery Production in France

In value terms, tamping machinery production shrank slightly to $X in 2021 estimated in export price. Overall, the total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by +0.8% against 2019 indices. The growth pace was the most rapid in 2015 with an increase of 30% against the previous year. Tamping machinery production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Tamping Machinery Exports

Exports from France

In 2021, tamping machinery exports from France dropped to X units, which is down by -6.4% on 2020. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 43%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, tamping machinery exports skyrocketed to $X in 2021. Overall, total exports indicated a pronounced expansion from 2012 to 2021: its value 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 +113.6% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), Belgium (X units) and the Netherlands (X units) were the main destinations of tamping machinery exports from France, with a combined 29% share of total exports. These countries were followed by Poland, the UK, Senegal, Hungary, Cote d'Ivoire, Thailand, Italy, Saudi Arabia, Spain and Russia, which together accounted for a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of +75.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tamping machinery exported from France were Thailand ($X), the UK ($X) and Poland ($X), with a combined 36% share of total exports.

In terms of the main countries of destination, the UK, with a CAGR of +75.3%, 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

The average tamping machinery export price stood at $X per unit in 2021, growing by 70% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2021: its price 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, tamping machinery export price increased by +89.4% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to Senegal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Tamping Machinery Imports

Imports into France

After three years of decline, supplies from abroad of tamping or compacting machinery increased by 59% to X units in 2021. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, tamping machinery imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2016 when imports increased by 30% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X units), China (X units) and the UK (X units) were the main suppliers of tamping machinery imports to France, together accounting for 70% of total imports. These countries were followed by Japan, Belgium, Spain, Singapore and the United States, which together accounted for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +85.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of tamping or compacting machinery to France, comprising 48% of total imports. The second position in the ranking was held by Japan ($X), with a 20% share of total imports. It was followed by the UK, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-1.2% per year) and the UK (+7.8% per year).

Import Prices by Country

In 2021, the average tamping machinery import price amounted to $X per unit, waning by -19.2% against the previous year. Overall, the import price recorded a mild reduction. The pace of growth was the most pronounced in 2018 when the average import price increased by 17% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($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 United States (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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