Germany: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in Germany

The German market for mechanical appliances for projecting, dispersing or spraying contracted significantly to $X in 2022, falling by -15.6% against the previous year. Overall, consumption continues to indicate a abrupt descent. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Mechanical Appliances For Projecting, Dispersing Or Spraying in Germany

In value terms, production of mechanical appliances for projecting, dispersing or spraying dropped modestly to $X in 2022 estimated in export price. In general, production recorded a pronounced decline. The pace of growth was the most pronounced in 2014 when the production volume increased by 17% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth remained at a somewhat lower figure.

Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports from Germany

In 2022, approx. X units of mechanical appliances for projecting, dispersing or spraying were exported from Germany; with a decrease of -5.1% compared with the year before. The total export volume increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when exports increased by 22%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying fell slightly to $X in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when exports increased by 25% against the previous year. The exports peaked at $X in 2021, and then fell slightly in the following year.

Exports by Country

China (X units), France (X units) and Poland (X units) were the main destinations of exports of mechanical appliances for projecting, dispersing or spraying from Germany, together comprising 28% of total exports. Italy, the United States, the Netherlands, Austria, Turkey, Spain, Mexico, the UK, the Czech Republic and Belgium lagged somewhat behind, together comprising a further 42%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +12.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mechanical appliances for projecting, dispersing or spraying exported from Germany were China ($X), France ($X) and the United States ($X), with a combined 33% share of total exports. Turkey, Italy, Poland, Austria, the UK, Spain, the Netherlands, Belgium, the Czech Republic and Mexico lagged somewhat behind, together comprising a further 36%.

Turkey, with a CAGR of +10.1%, recorded the highest growth rate of the value of exports, among the main countries of destination 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 export price for mechanical appliances for projecting, dispersing or spraying amounted to $X per unit, picking up by 3.6% against the previous year. In general, the export price, however, continues to indicate a slight decrease. The pace of growth was the most pronounced in 2018 an increase of 7%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Poland ($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 Poland (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports into Germany

In 2022, after two years of growth, there was significant decline in purchases abroad of mechanical appliances for projecting, dispersing or spraying, when their volume decreased by -13.6% to X units. The total import volume increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by 19% against the previous year. Over the period under review, imports of reached the maximum at X units in 2021, and then contracted in the following year.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying reduced to $X in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest mechanical appliances for projecting, dispersing or spraying supplier to Germany, with a 54% share of total imports. Moreover, imports of mechanical appliances for projecting, dispersing or spraying from China exceeded the figures recorded by the second-largest supplier, France (X units), fourfold. The third position in this ranking was taken by Italy (X units), with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+4.0% per year) and Italy (+0.6% per year).

In value terms, China ($X), France ($X) and the United States ($X) constituted the largest mechanical appliances for projecting, dispersing or spraying suppliers to Germany, with a combined 66% share of total imports.

Among the main suppliers, the United States, with a CAGR of +10.3%, recorded 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

The average import price for mechanical appliances for projecting, dispersing or spraying stood at $X per unit in 2022, increasing by 7.9% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 9.5% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 the United States ($X per unit), while the price for China ($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 Czech Republic (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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