EU: Market for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials 2024

Market Size for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials in the EU

In 2022, the EU market for belt type continuous-action elevators and conveyors for goods or materials decreased by X% to $X, falling for the fourth consecutive year after three years of growth. In general, consumption, however, recorded a pronounced setback. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials in the EU

In value terms, production of belt type continuous-action elevators and conveyors for goods or materials totaled $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

Exports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Exports in the EU

In 2022, overseas shipments of belt type continuous-action elevators and conveyors for goods or materials increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of belt type continuous-action elevators and conveyors for goods or materials rose to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany was the key exporting country with an export of around X units, which reached X% of total exports. It was distantly followed by Italy (X units), Austria (X units), the Netherlands (X units), Latvia (X units), Denmark (X units) and Spain (X units), together constituting a X% share of total exports. The following exporters - the Czech Republic (X units), France (X units), Poland (X units) and Slovakia (X units) - each reached a X% share of total exports.

Germany experienced a relatively flat trend pattern with regard to volume of exports of belt type continuous-action elevators and conveyors for goods or materials. At the same time, Latvia (X%), Poland (X%), Slovakia (X%) and Italy (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. The Netherlands and the Czech Republic experienced a relatively flat trend pattern. By contrast, Spain (X%), Denmark (X%), France (X%) and Austria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Latvia, Italy and Poland increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest belt type continuous-action elevator and conveyor supplying countries in the European Union were Germany ($X), Italy ($X) and Austria ($X), with a combined X% share of total exports. The Netherlands, Denmark, Latvia, France, Spain, Poland, the Czech Republic and Slovakia lagged somewhat behind, together accounting for a further X%.

Latvia, with a CAGR of X%, 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 leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, which is down by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the other leaders experienced more modest paces of growth.

Imports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Imports in the EU

In 2022, approx. X units of belt type continuous-action elevators and conveyors for goods or materials were imported in the European Union; with an increase of X% against 2021 figures. Total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of belt type continuous-action elevators and conveyors for goods or materials soared to $X in 2022. Overall, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany was the key importer of belt type continuous-action elevators and conveyors for goods or materials in the European Union, with the volume of imports recording X units, which was near X% of total imports in 2022. France (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Austria (X%), Latvia (X%), Italy (X%), the Netherlands (X%) and Poland (X%). Spain (X units), Belgium (X units), Sweden (X units), Romania (X units), Estonia (X units) and Finland (X units) followed a long way behind the leaders.

Imports into Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Latvia (X%), Estonia (X%), Italy (X%), the Netherlands (X%), Spain (X%), Romania (X%), Finland (X%), France (X%), Poland (X%), Sweden (X%) and Austria (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Latvia, Estonia, Germany and Italy increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported belt type continuous-action elevators and conveyors for goods or materials in the European Union, comprising X% of total imports. The second position in the ranking was held by France ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

In Germany, imports of belt type continuous-action elevators and conveyors for goods or materials expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: France (X% per year) and Italy (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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