United Kingdom: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2025

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in the UK

The UK market for equipment for scaffolding, shuttering, propping or pit propping was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption saw a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in the UK

In value terms, scaffolding, shuttering, and propping equipment production expanded to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2018 with an increase of 156% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports from the UK

In 2021, scaffolding, shuttering, and propping equipment exports from the UK rose sharply to X tons, picking up by 11% against the previous year's figure. In general, exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2016 when exports increased by 55% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, scaffolding, shuttering, and propping equipment exports soared to $X in 2021. Overall, exports showed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Ireland (X tons), Denmark (X tons) and Germany (X tons) were the main destinations of scaffolding, shuttering, and propping equipment exports from the UK, with a combined 72% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +58.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for scaffolding, shuttering, and propping equipment exported from the UK were Denmark ($X), Ireland ($X) and Germany ($X), together accounting for 65% of total exports.

Among the main countries of destination, Denmark, with a CAGR of +54.7%, recorded the highest rates of growth with regard to 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 2021, the average export price for equipment for scaffolding, shuttering, propping or pit propping amounted to $X per ton, growing by 66% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports into the UK

In 2021, supplies from abroad of equipment for scaffolding, shuttering, propping or pit propping was finally on the rise to reach X tons after two years of decline. Over the period under review, imports showed resilient growth. The pace of growth appeared the most rapid in 2014 when imports increased by 79% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, scaffolding, shuttering, and propping equipment imports soared to $X in 2021. Overall, imports posted a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), China (X tons) and Germany (X tons) were the main suppliers of scaffolding, shuttering, and propping equipment imports to the UK, together accounting for 75% of total imports. The United Arab Emirates, Belgium, Latvia and France lagged somewhat behind, together comprising a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Latvia (with a CAGR of +83.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest scaffolding, shuttering, and propping equipment suppliers to the UK were India ($X), China ($X) and Germany ($X), with a combined 71% share of total imports. The United Arab Emirates, France, Latvia and Belgium lagged somewhat behind, together comprising a further 14%.

Latvia, with a CAGR of +84.9%, recorded the highest growth rate of 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

In 2021, the average import price for equipment for scaffolding, shuttering, propping or pit propping amounted to $X per ton, increasing by 16% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 18% against the previous year. The import price peaked in 2021 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 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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