Overview of the Global Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

In 2021, the global market for equipment for scaffolding, shuttering, propping or pit propping increased by 4.5% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, the global market attained the maximum level in 2021 and is likely to see gradual growth in years to come.

Production of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

In value terms, scaffolding, shuttering, and propping equipment production rose rapidly to $X in 2021 estimated in export price. In general, the total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -25.2% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 27% against the previous year. Over the period under review, global production attained the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports

In 2021, global scaffolding, shuttering, and propping equipment exports rose markedly to X tons, surging by 14% against 2020 figures. The total export volume increased at an average annual rate of +2.4% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The global exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, scaffolding, shuttering, and propping equipment exports surged to $X in 2021. The total export value increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, China (X tons), distantly followed by Germany (X tons), India (X tons), Poland (X tons), South Korea (X tons) and Austria (X tons) represented the main exporters of equipment for scaffolding, shuttering, propping or pit propping, together achieving 57% of total exports. The following exporters - Spain (X tons), the United Arab Emirates (X tons), Turkey (X tons), Italy (X tons), the Netherlands (X tons) and the Czech Republic (X tons) - together made up 19% of total exports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +7.0%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest scaffolding, shuttering, and propping equipment supplying countries worldwide were China ($X), Germany ($X) and Austria ($X), with a combined 44% share of global exports. Poland, Spain, South Korea, India, Italy, Turkey, the United Arab Emirates, the Netherlands and the Czech Republic lagged somewhat behind, together accounting for a further 30%.

India, with a CAGR of +8.1%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for equipment for scaffolding, shuttering, propping or pit propping stood at $X per ton in 2021, growing by 14% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.2%), while the other global leaders experienced more modest paces of growth.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports

In 2021, overseas purchases of equipment for scaffolding, shuttering, propping or pit propping increased by 17% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.1% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Global imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, scaffolding, shuttering, and propping equipment imports surged to $X in 2021. The total import value increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) and the UK (X tons) were the key importers of equipment for scaffolding, shuttering, propping or pit proppingaround the world, together accounting for approx. 20% of total imports. The United States (X tons) took the next position in the ranking, followed by Singapore (X tons). All these countries together held near 9.5% share of total imports. France (X tons), Japan (X tons), Poland (X tons), Canada (X tons), Italy (X tons), Austria (X tons), the Netherlands (X tons), Australia (X tons) and Sweden (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +18.6%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest scaffolding, shuttering, and propping equipment importing markets worldwide were Germany ($X), the UK ($X) and France ($X), with a combined 21% share of global imports. These countries were followed by the United States, the Netherlands, Singapore, Japan, Canada, Austria, Italy, Poland, Sweden and Australia, which together accounted for a further 32%.

Poland, with a CAGR of +18.4%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for equipment for scaffolding, shuttering, propping or pit propping stood at $X per ton in 2021, picking up by 15% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+3.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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