EU: Endless Machinery Band Market 2024

Endless Machinery Band Market Size in the EU

The EU endless machinery band market shrank slightly to $X in 2022, waning by X% against the previous year. In general, consumption recorded a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Endless Machinery Band Production in the EU

In value terms, endless machinery band production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep downturn. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Endless Machinery Band Exports

Exports in the EU

After five years of growth, overseas shipments of endless bands for machinery, of stainless steel decreased by X% to X square meters in 2022. Over the period under review, exports recorded a slight downturn. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The volume of export peaked at X square meters in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, endless machinery band exports rose slightly to $X in 2022. Total exports indicated a perceptible 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

In 2022, the Netherlands (X square meters) was the main exporter of endless bands for machinery, of stainless steel, constituting X% of total exports. Sweden (X square meters) ranks second in terms of the total exports with a X% share, followed by Italy (X%) and Germany (X%). Spain (X square meters), France (X square meters) and the Czech Republic (X square meters) followed a long way behind the leaders.

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

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Spain, Sweden, the Czech Republic and France lagged somewhat behind, together comprising a further X%.

Sweden, 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 square meter, increasing by X% against the previous year. Export price indicated a prominent increase from 2012 to 2022: its price 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, endless machinery band export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per square meter in 2019; however, from 2020 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 Germany ($X per square meter), while Sweden ($X per square meter) 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.

Endless Machinery Band Imports

Imports in the EU

Endless machinery band imports declined to X square meters in 2022, with a decrease of X% compared with the previous year's figure. In general, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X square meters in 2021, and then dropped in the following year.

In value terms, endless machinery band imports reduced modestly to $X in 2022. Over the period under review, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

The countries with the highest levels of endless machinery band imports in 2022 were Spain (X square meters), the Netherlands (X square meters), Ireland (X square meters) and Germany (X square meters), together finishing at X% of total import. It was distantly followed by Denmark (X square meters) and Italy (X square meters), together making up a X% share of total imports. France (X square meters) held a little share of total imports.

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

In value terms, the Netherlands ($X), Spain ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Germany, Italy, Denmark and Ireland lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Denmark, with a CAGR of X%, saw 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 square meter, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of import peaked at $X per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per square meter), while Ireland ($X per square meter) 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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