United Kingdom: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in the UK

The UK market for spray guns and similar appliances contracted rapidly to $X in 2022, reducing by -50.1% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then shrank significantly in the following year.

Production of Spray Guns And Similar Appliances in the UK

In value terms, spray guns and similar appliances production totaled $X in 2022 estimated in export price. In general, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -9.3% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 82% against the previous year. Spray guns and similar appliances production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Spray Guns And Similar Appliances

Exports from the UK

In 2022, the amount of spray guns and similar appliances exported from the UK expanded significantly to X units, growing by 11% on 2021. Overall, exports, however, continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 18%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, spray guns and similar appliances exports dropped significantly to $X in 2022. Over the period under review, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 17%. The exports peaked 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 spray guns and similar appliances exports from the UK, with a 24% share of total exports. Moreover, spray guns and similar appliances exports to the Netherlands exceeded the volume sent to the second major destination, the United States (X units), twofold. Ireland (X units) ranked third in terms of total exports with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at -6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+0.4% per year) and Ireland (-10.5% per year).

In value terms, the Netherlands ($X), the United States ($X) and China ($X) constituted the largest markets for spray guns and similar appliances exported from the UK worldwide, together comprising 46% of total exports. Ireland, Germany, France, Australia, the Czech Republic, Sweden, Poland, Nicaragua, Jordan and Egypt lagged somewhat behind, together accounting for a further 22%.

Nicaragua, with a CAGR of +146.4%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 2022, the average export price for spray guns and similar appliances amounted to $X per unit, which is down by -30% against the previous year. Overall, the export price recorded a perceptible downturn. The pace of growth appeared the most rapid in 2013 an increase of 28%. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Egypt ($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 the Netherlands (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spray Guns And Similar Appliances

Imports into the UK

In 2022, supplies from abroad of spray guns and similar appliances decreased by -41.9% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed notable growth. The growth pace was the most rapid in 2020 when imports increased by 36% against the previous year. Imports peaked at X units in 2021, and then shrank sharply in the following year.

In value terms, spray guns and similar appliances imports reduced markedly to $X in 2022. Overall, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 32% against the previous year. Imports peaked at $X in 2021, and then shrank rapidly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of spray guns and similar appliances to the UK, with a 66% share of total imports. Moreover, spray guns and similar appliances imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. Malaysia (X units) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.4% per year) and Malaysia (+10.4% per year).

In value terms, China ($X) constituted the largest supplier of spray guns and similar appliances to the UK, comprising 45% of total imports. The second position in the ranking was held by the United States ($X), with a 16% share of total imports. It was followed by Italy, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+12.4% per year) and Italy (+1.8% per year).

Import Prices by Country

In 2022, the average import price for spray guns and similar appliances amounted to $X per unit, picking up by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The pace of growth was the most pronounced in 2013 an increase of 27%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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