EU: Built-In Jacking System Market 2024

Built-In Jacking System Market Size in the EU

The EU built-in jacking system market amounted to $X in 2022, surging by X% against the previous year. Over the period under review, consumption continues to indicate a deep slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Built-In Jacking System Production in the EU

In value terms, built-in jacking system production totaled $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Built-In Jacking System Exports

Exports in the EU

In 2022, after two years of growth, there was significant decline in shipments abroad of built-in jacking systems of a type used in garages for raising vehicles, when their volume decreased by X% to X units. The total export volume increased at an average annual rate of X% over the period 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 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then shrank in the following year.

In value terms, built-in jacking system exports dropped to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X units) and Germany (X units) represented roughly X% of total exports in 2022. The Netherlands (X units) ranks next in terms of the total exports with an X% share, followed by Denmark (X%). The following exporters - Spain (X units), Austria (X units) and Hungary (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Austria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Denmark ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. The Netherlands, Austria, Spain and Hungary lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Spain, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The export price in the European Union stood at $X per unit in 2022, surging by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

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

Built-In Jacking System Imports

Imports in the EU

In 2022, approx. X units of built-in jacking systems of a type used in garages for raising vehicles were imported in the European Union; waning by X% on the previous year's figure. Total imports indicated a resilient expansion 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 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then dropped in the following year.

In value terms, built-in jacking system imports shrank slightly to $X in 2022. Total imports indicated a resilient 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, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Germany was the key importing country with an import of around X units, which resulted at X% of total imports. It was distantly followed by France (X units), the Netherlands (X units), Austria (X units) and Spain (X units), together committing a X% share of total imports. The following importers - Poland (X units), Italy (X units), Sweden (X units), Belgium (X units), the Czech Republic (X units), Hungary (X units), Portugal (X units) and Lithuania (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to built-in jacking system imports into Germany stood at X%. At the same time, Hungary (X%), Portugal (X%), Spain (X%), Lithuania (X%), Poland (X%), Belgium (X%), Austria (X%), France (X%), Sweden (X%), the Czech Republic (X%) and Italy (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, the Netherlands (X%) illustrated a downward trend over the same period. Germany (X p.p.) and Hungary (X p.p.) significantly strengthened its position in terms of the total imports, while Austria, Italy, France and the Netherlands saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest built-in jacking system importing markets in the European Union were Germany ($X), France ($X) and Austria ($X), together comprising X% of total imports. The Netherlands, Sweden, Spain, Poland, Italy, Belgium, the Czech Republic, Hungary, Portugal and Lithuania lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, growing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

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

Source: IndexBox Platform

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