EU: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2024

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in the EU

The EU market for fully or partly automatic electric machines for arc welding of metals shrank significantly to $X in 2022, dropping by X% against the previous year. Overall, consumption saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when the market value increased by X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in the EU

In value terms, production of fully or partly automatic electric machines for arc welding of metals shrank markedly to $X in 2022 estimated in export price. Overall, production showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports in the EU

In 2022, approx. X units of fully or partly automatic electric machines for arc welding of metals were exported in the European Union; declining by X% on the previous year's figure. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then shrank in the following year.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals declined to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Germany was the key exporter of fully or partly automatic electric machines for arc welding of metals in the European Union, with the volume of exports accounting for X units, which was near X% of total exports in 2022. It was distantly followed by Austria (X units), Hungary (X units), the Netherlands (X units), Poland (X units), the Czech Republic (X units), Sweden (X units), Italy (X units) and Finland (X units), together constituting a X% share of total exports.

Exports from Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%), Sweden (X%), Austria (X%) and Hungary (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. The Czech Republic experienced a relatively flat trend pattern. By contrast, Finland (X%), Poland (X%) and Italy (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Germany, the Netherlands, Sweden and Austria 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 ($X) remains the largest fully or partly automatic arc welding machine supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Austria ($X), with a X% share of total exports. It was followed by Finland, with a X% share.

In Germany, exports of fully or partly automatic electric machines for arc welding of metals remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Austria (X% per year) and Finland (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2014; however, from 2015 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 Austria ($X per unit), while Hungary ($X per unit) was amongst the lowest.

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

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports in the EU

Imports of fully or partly automatic electric machines for arc welding of metals reached X units in 2022, increasing by X% compared with the year before. Total imports indicated strong 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 pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals reached $X in 2022. Total imports indicated pronounced growth 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 growth pace was the most rapid in 2021 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, the Netherlands (X units), Germany (X units), France (X units), Poland (X units), Austria (X units), Italy (X units), the Czech Republic (X units), Belgium (X units), Hungary (X units) and Spain (X units) was the key importer of fully or partly automatic electric machines for arc welding of metals in the European Union, generating X% of total import.

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

In value terms, the largest fully or partly automatic arc welding machine importing markets in the European Union were Germany ($X), the Netherlands ($X) and France ($X), with a combined X% share of total imports. Italy, Poland, Austria, the Czech Republic, Belgium, Hungary and Spain lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the import price in the European Union amounted to $X per unit, approximately equating the previous year. Overall, the import price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2013 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 2014 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 Italy ($X per unit), while Belgium ($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.

Source: IndexBox Platform

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