
Germany - Spray Guns And Similar Appliances - Market Analysis, Forecast, Size, Trends And Insights
Spray Guns and Similar Appliances Price in Germany Grows Remarkably to $11.0 per Unit
Germany Spray Guns and Similar Appliances Export Price in October 2022
In October 2022, the spray guns and similar appliances price stood at $11.0 per unit (FOB, Germany), growing by 24% against the previous month. Over the period from January 2022 to October 2022, it increased at an average monthly rate of +2.9%. The pace of growth was the most pronounced in May 2022 an increase of 40% m-o-m. Over the period under review, the average export prices reached the maximum in October 2022.
There were significant differences in the average prices for the major foreign markets. In October 2022, the country with the highest price was Italy ($15.7 per unit), while the average price for exports to the Netherlands ($6.9 per unit) was amongst the lowest.
From January 2022 to October 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Germany Spray Guns and Similar Appliances Exports
Spray guns and similar appliances exports from Germany shrank remarkably to 1.7M units in October 2022, waning by -18.2% compared with the month before. Over the period under review, exports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in June 2022 when exports increased by 67% month-to-month. As a result, the exports reached the peak of 3.3M units. From July 2022 to October 2022, the growth of the exports failed to regain momentum.
In value terms, spray guns and similar appliances exports amounted to $19M (IndexBox estimates) in October 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 with an increase of 26% month-to-month. As a result, the exports reached the peak of $26M. From April 2022 to October 2022, the growth of the exports remained at a lower figure.
Germany Spray Guns and Similar Appliances Exports by Country
the Netherlands (229K units), Poland (188K units) and France (182K units) were the main destinations of spray guns and similar appliances exports from Germany, together accounting for 35% of total exports. These countries were followed by the United States, China, Austria, Spain, Italy, Switzerland, the Czech Republic, Sweden, the UK and Belgium, which together accounted for a further 44%.
From January 2022 to October 2022, the biggest increases were in China (with a CAGR of +17.2%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for spray guns and similar appliances exported from Germany were the United States ($2.2M), France ($2.1M) and China ($1.8M), together accounting for 33% of total exports.
In terms of the main countries of destination, China, with a CAGR of +4.8%, recorded 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.
Spray Gun and Similar Appliance Market Overview
The major factors driving the growth of the spray gun market are the increasing demand from the automotive and construction industries and the growing popularity of airless paint spraying systems. Moreover, the rising awareness about the benefits of paint spraying systems, such as improved productivity and quality, is also fuelling the growth of the market.
However, the high cost of these systems is restraining the growth of the market to some extent. Also, stringent regulations regarding VOC emissions are challenging the growth of the spray guns market in Germany.
This report provides an in-depth analysis of the market for spray guns and similar appliances in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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