EU: Market for Machinery for Filtering or Purifying Gases 2024

Market Size for Machinery for Filtering or Purifying Gases in the EU

After two years of growth, the EU market for machinery for filtering or purifying gases decreased by X% to $X in 2022. Overall, consumption showed a buoyant expansion. The level of consumption peaked at $X in 2021, and then contracted in the following year.

Production of Machinery for Filtering or Purifying Gases in the EU

In value terms, production of machinery for filtering or purifying gases contracted remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Exports of Machinery for Filtering or Purifying Gases

Exports in the EU

After six years of growth, shipments abroad of machinery for filtering or purifying gases decreased by X% to X units in 2022. Total exports indicated pronounced 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. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then reduced remarkably in the following year.

In value terms, exports of machinery for filtering or purifying gases reduced rapidly to $X in 2022. Overall, exports, however, enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then dropped remarkably in the following year.

Exports by Country

Germany was the key exporter of machinery for filtering or purifying gases in the European Union, with the volume of exports finishing at X units, which was near X% of total exports in 2022. Poland (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Italy (X%), the Czech Republic (X%), the Netherlands (X%), Slovakia (X%) and France (X%). The following exporters - Belgium (X units), Austria (X units), Sweden (X units), Romania (X units) and Spain (X units) - together made up X% of total exports.

Germany experienced a relatively flat trend pattern with regard to volume of exports of machinery for filtering or purifying gases. At the same time, Romania (X%), Poland (X%), Sweden (X%), the Netherlands (X%), Belgium (X%), Slovakia (X%), the Czech Republic (X%) and France (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. Spain and Italy experienced a relatively flat trend pattern. By contrast, Austria (X%) illustrated a downward trend over the same period. Poland (X p.p.), Romania (X p.p.), the Netherlands (X p.p.) and Sweden (X p.p.) significantly strengthened its position in terms of the total exports, while Austria, Italy and Germany saw its share reduced by 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, Germany ($X) remains the largest machinery for filtering or purifying gases supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the export price, however, showed a mild increase. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then reduced rapidly in the following year.

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

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

Imports of Machinery for Filtering or Purifying Gases

Imports in the EU

In 2022, supplies from abroad of machinery for filtering or purifying gases decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. 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. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then reduced rapidly in the following year.

In value terms, imports of machinery for filtering or purifying gases dropped sharply to $X in 2022. Overall, imports, however, saw notable growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then shrank significantly in the following year.

Imports by Country

Germany (X units) and Spain (X units) represented the main importers of machinery for filtering or purifying gases in 2022, finishing at near X% and X% of total imports, respectively. Belgium (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by France (X%), Poland (X%), Hungary (X%) and Italy (X%). The following importers - the Netherlands (X units), the Czech Republic (X units), Romania (X units), Sweden (X units), Austria (X units) and Slovakia (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported machinery for filtering or purifying gases in the European Union, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports. It was followed by Poland, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany stood at X%. In the other countries, the average annual rates were as follows: Spain (X% per year) and Poland (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price recorded a mild downturn. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2021, and then contracted dramatically in the following year.

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 Slovakia ($X per unit), while Hungary ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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