United Kingdom: Endless Machinery Band Market 2025

Endless Machinery Band Market Size in the UK

For the fourth consecutive year, the UK endless machinery band market recorded growth in sales value, which increased by 24% to $X in 2021. Overall, consumption enjoyed moderate growth. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Endless Machinery Band Production in the UK

In value terms, endless machinery band production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of 27% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then reduced modestly in the following year.

Endless Machinery Band Exports

Exports from the UK

In 2021, after three years of growth, there was significant decline in overseas shipments of endless bands for machinery, of stainless steel, when their volume decreased by -40.3% to X square meters. Overall, exports, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2018 with an increase of 70% against the previous year. Over the period under review, the exports attained the peak figure at X square meters in 2020, and then shrank notably in the following year.

In value terms, endless machinery band exports contracted rapidly to $X in 2021. Over the period under review, total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by 52% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020, and then shrank notably in the following year.

Exports by Country

Australia (X square meters), France (X square meters) and the Netherlands (X square meters) were the main destinations of endless machinery band exports from the UK, with a combined 38% share of total exports. Germany, Thailand, China, Spain, Italy, the United States, Ireland, Egypt, the Philippines and Saudi Arabia lagged somewhat behind, together comprising a further 44%.

From 2012 to 2021, the biggest increases were in Thailand (with a CAGR of +49.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), France ($X) and the United States ($X) were the largest markets for endless machinery band exported from the UK worldwide, together comprising 35% of total exports. These countries were followed by the Netherlands, Thailand, Spain, Italy, the Philippines, China, Egypt, Germany, Saudi Arabia and Ireland, which together accounted for a further 43%.

Thailand, with a CAGR of +51.3%, saw the highest rates of growth with regard to 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 2021, the average endless machinery band export price amounted to $X per square meter, jumping by 40% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. Over the period under review, the average export prices hit record highs at $X per square meter in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per square meter), while the average price for exports to Germany ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+1.0%), while the prices for the other major destinations experienced a decline.

Endless Machinery Band Imports

Imports into the UK

In 2021, supplies from abroad of endless bands for machinery, of stainless steel increased by 47% to X square meters, rising for the fourth consecutive year after two years of decline. In general, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of 213% against the previous year. Imports peaked at X square meters in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, endless machinery band imports soared to $X in 2021. Over the period under review, imports, however, showed a mild curtailment. The pace of growth was the most pronounced in 2015 when imports increased by 190%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X square meters) constituted the largest endless machinery band supplier to the UK, accounting for a 56% share of total imports. Moreover, endless machinery band imports from China exceeded the figures recorded by the second-largest supplier, Germany (X square meters), threefold. The Netherlands (X square meters) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.5% per year) and the Netherlands (+2.5% per year).

In value terms, Germany ($X) constituted the largest supplier of endless machinery band to the UK, comprising 64% of total imports. The second position in the ranking was held by the United States ($X), with a 10% share of total imports. It was followed by China, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-12.2% per year) and China (+11.9% per year).

Import Prices by Country

In 2021, the average endless machinery band import price amounted to $X per square meter, waning by -7% against the previous year. Overall, the import price, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 173% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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