United Kingdom: Public Works Machinery Market 2025

Public Works Machinery Market Size in the UK

In 2021, the UK public works machinery market increased by 19% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption recorded a strong expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Public Works Machinery Production in the UK

In value terms, public works machinery production totaled $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2018 with an increase of 14%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Public Works Machinery Exports

Exports from the UK

In 2021, after two years of decline, there was significant growth in overseas shipments of machinery for public works and building, when their volume increased by 49% to X units. In general, exports, however, continue to indicate a abrupt decline. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, public works machinery exports soared to $X in 2021. Overall, exports, however, saw a abrupt descent. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X units), Germany (X units) and Ireland (X units) were the main destinations of public works machinery exports from the UK, with a combined 33% share of total exports. The United States, the Netherlands, South Korea, Sweden, Italy, France, Australia, Spain, Belgium and Norway lagged somewhat behind, together comprising a further 40%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +29.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for public works machinery exported from the UK were China ($X), Germany ($X) and Ireland ($X), together comprising 34% of total exports. The United States, the Netherlands, South Korea, Sweden, Italy, France, Australia, Spain, Belgium and Norway lagged somewhat behind, together comprising a further 40%.

The Netherlands, with a CAGR of +30.3%, saw the highest growth rate of 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

The average public works machinery export price stood at $X per unit in 2021, reducing by -2.1% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 14%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Australia ($X per unit) and Italy ($X per unit), while the average price for exports to the Netherlands ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.3%), while the prices for the other major destinations experienced more modest paces of growth.

Public Works Machinery Imports

Imports into the UK

In 2021, overseas purchases of machinery for public works and building increased by 45% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by 76% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, public works machinery imports surged to $X in 2021. Overall, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by 69% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of public works machinery to the UK, accounting for a 73% share of total imports. Moreover, public works machinery imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), more than tenfold. The third position in this ranking was taken by Italy (X units), with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+30.0% per year) and Italy (+19.2% per year).

In value terms, Germany ($X) constituted the largest supplier of machinery for public works and building to the UK, comprising 73% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 6.2% share of total imports. It was followed by Italy, with a 6% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+23.9% per year) and Italy (+13.4% per year).

Import Prices by Country

In 2021, the average public works machinery import price amounted to $X per unit, waning by -8% against the previous year. In general, the import price saw a pronounced downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 8.6%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Germany ($X per unit) and the Netherlands ($X per unit), while the price for Sweden ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (-3.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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