Germany: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in Germany

The German steam blasting machine market surged to $X in 2021, picking up by 18% against the previous year. Overall, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.6% 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 +26.6% against 2019 indices. Steam blasting machine consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Steam Blasting Machine Production in Germany

In value terms, steam blasting machine production expanded slightly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2018 with an increase of 4.5%. Steam blasting machine production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Steam Blasting Machine Exports

Exports from Germany

In 2021, overseas shipments of steam or sand blasting machines and similar jet-projecting machines increased by 15% to X units for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2017 with an increase of 43%. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, steam blasting machine exports surged to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units), the Netherlands (X units) and France (X units) were the main destinations of steam blasting machine exports from Germany, together accounting for 38% of total exports. These countries were followed by Slovakia, Spain, Russia, Italy, Poland, Switzerland, Sweden, Finland, Austria and Belgium, which together accounted for a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +66.7%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and the UK ($X) appeared to be the largest markets for steam blasting machine exported from Germany worldwide, with a combined 27% share of total exports. Poland, Spain, Russia, Austria, Slovakia, Switzerland, Italy, Belgium, Sweden and Finland lagged somewhat behind, together accounting for a further 38%.

Slovakia, with a CAGR of +30.1%, saw the highest growth rate of the value of exports, in terms of 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

The average steam blasting machine export price stood at $X per unit in 2021, picking up by 2.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2018 an increase of 54% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to the UK ($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 Austria (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Steam Blasting Machine Imports

Imports into Germany

In 2021, overseas purchases of steam or sand blasting machines and similar jet-projecting machines increased by 30% 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 +1.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 57%. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, steam blasting machine imports skyrocketed to $X in 2021. Overall, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +18.6% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Italy (X units) and the Netherlands (X units) were the main suppliers of steam blasting machine imports to Germany, with a combined 90% share of total imports. These countries were followed by the Czech Republic and Denmark, which together accounted for a further 2.9%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +33.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and the Netherlands ($X) appeared to be the largest steam blasting machine suppliers to Germany, together accounting for 75% of total imports. The Czech Republic and Denmark lagged somewhat behind, together accounting for a further 6.3%.

The Czech Republic, with a CAGR of +46.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average steam blasting machine import price stood at $X per unit in 2021, increasing by 2.6% against the previous year. In general, import price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, steam blasting machine import price increased by +73.6% against 2017 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 45%. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for China ($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 Czech Republic (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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