United Kingdom: Vacuum Vessel Market 2025

Vacuum Vessel Market Size in the UK

The UK vacuum vessel market was estimated at $X in 2022, rising by 2.2% against the previous year. Over the period under review, consumption, however, recorded prominent growth. Vacuum vessel consumption peaked in 2022 and is expected to retain growth in the near future.

Vacuum Vessel Production in the UK

In value terms, vacuum vessel production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by 71% against the previous year. Vacuum vessel production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Vacuum Vessel Exports

Exports from the UK

In 2022, shipments abroad of vacuum vessels decreased by -29.6% to X units, falling for the second consecutive year after five years of growth. Overall, exports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of 41%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, vacuum vessel exports fell sharply to $X in 2022. In general, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of 85% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ireland (X units), France (X units) and Switzerland (X units) were the main destinations of vacuum vessel exports from the UK, together comprising 48% of total exports. The Netherlands, Germany, the United States, Taiwan (Chinese), Turkey, Iceland, Belgium and Poland lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +92.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), the United States ($X) and Ireland ($X) appeared to be the largest markets for vacuum vessel exported from the UK worldwide, together comprising 43% of total exports.

Among the main countries of destination, Switzerland, with a CAGR of +89.3%, saw 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 2022, the average vacuum vessel export price amounted to $X per unit, picking up by 19% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 32% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Taiwan (Chinese) ($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 Poland (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Vacuum Vessel Imports

Imports into the UK

Vacuum vessel imports into the UK declined slightly to X units in 2022, waning by -4.7% on the year before. Over the period under review, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2019 when imports increased by 47%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, vacuum vessel imports fell slightly to $X in 2022. In general, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2019 when imports increased by 59%. Imports peaked at $X in 2021, and then fell modestly in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of vacuum vessel to the UK, with a 94% share of total imports. It was followed by the United States (X units), with a 2.5% share of total imports. Germany (X units) ranked third in terms of total imports with a 0.6% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+23.0% per year) and Germany (-10.8% per year).

In value terms, China ($X) constituted the largest supplier of vacuum vessels to the UK, comprising 87% of total imports. The second position in the ranking was taken by the United States ($X), with a 7.7% share of total imports. It was followed by the Netherlands, with a 0.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+31.1% per year) and the Netherlands (+4.3% per year).

Import Prices by Country

In 2022, the average vacuum vessel import price amounted to $X per unit, surging by 4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.2%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 17%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Germany ($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 Netherlands (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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