United Kingdom: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in the UK

The UK market for mechanical appliances for projecting, dispersing or spraying rose rapidly to $X in 2022, surging by 6.1% against the previous year. In general, consumption, however, saw a resilient increase. Consumption of peaked in 2022 and is expected to retain growth in years to come.

Production of Mechanical Appliances For Projecting, Dispersing Or Spraying in the UK

In value terms, production of mechanical appliances for projecting, dispersing or spraying fell slightly to $X in 2022 estimated in export price. Overall, production showed a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 34%. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports from the UK

In 2022, the amount of mechanical appliances for projecting, dispersing or spraying exported from the UK stood at X units, increasing by 14% against 2021 figures. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 14%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying surged to $X in 2022. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports of reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units) was the main destination for exports of mechanical appliances for projecting, dispersing or spraying from the UK, accounting for a 38% share of total exports. Moreover, exports of mechanical appliances for projecting, dispersing or spraying to the Netherlands exceeded the volume sent to the second major destination, the United States (X units), fourfold. Australia (X units) ranked third in terms of total exports with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands amounted to +7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+8.7% per year) and Australia (+10.3% per year).

In value terms, the Netherlands ($X) remains the key foreign market for mechanical appliances for projecting, dispersing or spraying exports from the UK, comprising 36% of total exports. The second position in the ranking was taken by the United States ($X), with a 15% share of total exports. It was followed by Italy, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands amounted to +6.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+11.1% per year) and Italy (+8.5% per year).

Export Prices by Country

In 2022, the average export price for mechanical appliances for projecting, dispersing or spraying amounted to $X per unit, jumping by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports into the UK

In 2022, overseas purchases of mechanical appliances for projecting, dispersing or spraying increased by 4% to X units, rising for the fifth year in a row after two years of decline. Overall, total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.5% against 2017 indices. The pace of growth was the most pronounced in 2020 when imports increased by 29% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying rose significantly to $X in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 22%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

China (X units), Italy (X units) and Germany (X units) were the main suppliers of imports of mechanical appliances for projecting, dispersing or spraying to the UK, together accounting for 83% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +7.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Italy ($X) were the largest mechanical appliances for projecting, dispersing or spraying suppliers to the UK, together comprising 63% of total imports.

Italy, with a CAGR of +9.5%, 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

The average import price for mechanical appliances for projecting, dispersing or spraying stood at $X per unit in 2022, surging by 8.9% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 26%. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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