Germany: Pile-Driver Market 2024

Pile-Driver Market Size in Germany

The German pile-driver market rose notably to $X in 2021, growing by 7.3% against the previous year. Overall, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +84.7% against 2013 indices. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in years to come.

Pile-Driver Production in Germany

In value terms, pile-driver production amounted to $X in 2021 estimated in export price. In general, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +100.0% against 2015 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 26%. Over the period under review, production attained the peak level in 2021 and is likely to see gradual growth in years to come.

Pile-Driver Exports

Exports from Germany

In 2021, approx. X units of pile-drivers and pile-extractors were exported from Germany; which is down by -16.5% against the year before. In general, exports, however, showed a tangible increase. The pace of growth was the most pronounced in 2020 when exports increased by 350%. As a result, the exports reached the peak of X units, and then dropped markedly in the following year.

In value terms, pile-driver exports dropped dramatically to $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 141%. As a result, the exports reached the peak of $X, and then reduced markedly in the following year.

Exports by Country

China (X units) was the main destination for pile-driver exports from Germany, accounting for a 55% share of total exports. Moreover, pile-driver exports to China exceeded the volume sent to the second major destination, the United Arab Emirates (X units), fivefold. The third position in this ranking was held by the United States (X units), with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume to China totaled +38.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+41.2% per year) and the United States (-4.9% per year).

In value terms, China ($X) remains the key foreign market for pile-drivers and pile-extractors exports from Germany, comprising 42% of total exports. The second position in the ranking was held by the United States ($X), with a 13% share of total exports. It was followed by the United Arab Emirates, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to China totaled +30.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-0.3% per year) and the United Arab Emirates (+252.1% per year).

Export Prices by Country

In 2021, the average pile-driver export price amounted to $X per unit, declining by -4.9% against the previous year. Overall, the export price showed a noticeable decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by 42% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to the Netherlands ($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 the United Arab Emirates (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Pile-Driver Imports

Imports into Germany

In 2021, after two years of growth, there was significant decline in purchases abroad of pile-drivers and pile-extractors, when their volume decreased by -7.6% to X units. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 191%. Over the period under review, imports hit record highs at X units in 2020, and then declined in the following year.

In value terms, pile-driver imports surged to $X in 2021. Overall, imports, however, recorded slight growth. The most prominent rate of growth was recorded in 2020 with an increase of 279% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, Austria (X units) constituted the largest supplier of pile-driver to Germany, with a 28% share of total imports. Moreover, pile-driver imports from Austria exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. Finland (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Austria totaled +78.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-8.7% per year) and Finland (+19.0% per year).

In value terms, the largest pile-driver suppliers to Germany were Austria ($X), Finland ($X) and Singapore ($X), together comprising 67% of total imports.

In terms of the main suppliers, Austria, with a CAGR of +74.3%, saw the highest growth rate of 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 pile-driver import price stood at $X per unit in 2021, growing by 41% against the previous year. Overall, the import price saw a measured increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 420%. 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.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Singapore ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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