United Kingdom: Vapour Power Unit Market 2025

Vapour Power Unit Market Size in the UK

In 2021, the UK vapour power unit market decreased by -10.8% to $X, falling for the second year in a row after five years of growth. In general, consumption, however, posted prominent growth. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Vapour Power Unit Production in the UK

In value terms, vapour power unit production totaled $X in 2021 estimated in export price. Overall, production posted measured growth. The most prominent rate of growth was recorded in 2013 with an increase of 66% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Vapour Power Unit Exports

Exports from the UK

In 2021, vapour power unit exports from the UK reduced rapidly to X tons, shrinking by -84.4% on 2020 figures. In general, exports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2014 when exports increased by 78%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, vapour power unit exports contracted sharply to $X in 2021. Overall, exports recorded a precipitous decline. The most prominent rate of growth was recorded in 2014 with an increase of 71% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X kg), Vietnam (X kg) and China (X kg) were the main destinations of vapour power unit exports from the UK, with a combined 42% share of total exports.

From 2012 to 2021, the biggest increases were in Vietnam (with a CAGR of +55.6%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Vietnam ($X), the United Arab Emirates ($X) and Italy ($X) appeared to be the largest markets for vapour power unit exported from the UK worldwide, with a combined 48% share of total exports.

In terms of the main countries of destination, Vietnam, with a CAGR of +44.3%, recorded 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

In 2021, the average vapour power unit export price amounted to $X per ton, with an increase of 247% against the previous year. Over the period under review, the export price posted resilient growth. 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 export markets. In 2021, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Turkey ($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 Ukraine (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.

Vapour Power Unit Imports

Imports into the UK

In 2021, overseas purchases of condensers for steam or other vapour power units decreased by -74.8% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a noticeable contraction. The growth pace was the most rapid in 2016 when imports increased by 677%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, vapour power unit imports dropped remarkably to $X in 2021. In general, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 309% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of vapour power unit imports to the UK, with a combined 76% share of total imports. These countries were followed by the Czech Republic, India, Spain, the United States and Taiwan (Chinese), which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +118.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vapour power unit suppliers to the UK were Germany ($X), China ($X) and Poland ($X), together comprising 61% of total imports. These countries were followed by India, the Czech Republic, the United States, Spain and Taiwan (Chinese), which together accounted for a further 31%.

Spain, with a CAGR of +101.0%, 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 vapour power unit import price stood at $X per ton in 2021, increasing by 78% against the previous year. In general, the import price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2013 an increase of 117%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+56.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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