EU: Globe Market 2022

Globe Market Size in the EU

For the fourth consecutive year, the EU globe market recorded growth in sales value, which increased by X% to $X in 2021. The total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2016 indices. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the immediate term.

Globe Production in the EU

In value terms, globe production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020, and then reduced in the following year.

Globe Exports

Exports in the EU

In 2021, approx. X tons of globes were exported in the European Union; increasing by X% compared with the year before. The total export volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, globe exports soared to $X in 2021. Total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy was the major exporter of globes in the European Union, with the volume of exports recording X tons, which was near X% of total exports in 2021. It was distantly followed by the Netherlands (X tons) and Germany (X tons), together generating a X% share of total exports. France (X tons), Belgium (X tons) and Poland (X tons) followed a long way behind the leaders.

Italy experienced a relatively flat trend pattern with regard to volume of exports of globes. At the same time, France (+X%), the Netherlands (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2012-2021. By contrast, Belgium (-X%) and Poland (-X%) illustrated a downward trend over the same period. While the share of the Netherlands (+X p.p.), France (less than X p.p.) and Germany (less than X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Poland (less than X p.p.) and Italy (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest globe supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Germany, with an X% share.

In Italy, globe exports expanded at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and Germany (+X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, growing by less than X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was France ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, 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.

Globe Imports

Imports in the EU

In 2021, the amount of globes imported in the European Union skyrocketed to X tons, with an increase of X% compared with the previous year. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, globe imports soared to $X in 2021. In general, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, France (X tons) and the Netherlands (X tons) represented the key importers of globes in the European Union, together reaching near X% of total imports. Germany (X tons) ranks next in terms of the total imports with a X% share, followed by Italy (X%) and Spain (less than X%). Poland (X tons), Belgium (X tons), the Czech Republic (X tons) and Ireland (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest globe importing markets in the European Union were France ($X), Germany ($X) and the Netherlands ($X), together comprising X% of total imports. Italy, Poland, Belgium, Spain, the Czech Republic and Ireland lagged somewhat behind, together accounting for a further X, 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 2021, the import price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Germany ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, 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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