EU: Construction Equipment Blade Market 2024

Construction Equipment Blade Market Size in the EU

The EU construction equipment blade market skyrocketed to $X in 2022, picking up by X% against the previous year. The total consumption indicated a mild increase from 2012 to 2022: its value 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, consumption increased by X% against 2017 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Construction Equipment Blade Production in the EU

In value terms, construction equipment blade production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Construction Equipment Blade Exports

Exports in the EU

Construction equipment blade exports shrank to X units in 2022, waning by X% compared with 2021 figures. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, construction equipment blade exports fell to $X in 2022. Over the period under review, exports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Germany (X units) was the largest exporter of blades for construction equipment, committing X% of total exports. It was distantly followed by Hungary (X units), Slovakia (X units), Spain (X units) and the Netherlands (X units), together committing a X% share of total exports. Estonia (X units), Italy (X units), Poland (X units), Belgium (X units), France (X units), Romania (X units) and Finland (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to construction equipment blade exports from Germany stood at X%. At the same time, Romania (X%), Slovakia (X%), Spain (X%), Poland (X%) and Estonia (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, the Netherlands (X%), France (X%), Belgium (X%), Finland (X%), Hungary (X%) and Italy (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Germany, Slovakia, Spain, Poland, Romania and Estonia increased by X, X, 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 ($X), Hungary ($X) and Slovakia ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Spain, Italy, Estonia, the Netherlands, France, Belgium, Finland, Poland and Romania lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the export price in the European Union amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per unit), while Germany ($X per unit) was amongst the lowest.

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

Construction Equipment Blade Imports

Imports in the EU

Construction equipment blade imports rose notably to X units in 2022, picking up by X% compared with 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, construction equipment blade imports stood at $X in 2022. Total imports indicated a modest expansion from 2012 to 2022: its value 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 when imports increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

Austria (X units) and Hungary (X units) represented roughly X% of total imports in 2022. The Netherlands (X units) took the next position in the ranking, followed by France (X units), Finland (X units), Germany (X units) and Italy (X units). All these countries together held approx. X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest construction equipment blade importing markets in the European Union were Austria ($X), Hungary ($X) and France ($X), together comprising X% of total imports. Germany, Finland, the Netherlands and Italy lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Finland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per unit), while Hungary ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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