EU: Propellant Powders Market 2024

Propellant Powders Market Size in the EU

The EU propellant powders market reached $X in 2022, with an increase of X% against the previous year. In general, consumption, however, recorded a deep slump. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Propellant Powders Production in the EU

In value terms, propellant powders production totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Propellant Powders Exports

Exports in the EU

In 2022, propellant powders exports in the European Union expanded slightly to X tons, increasing by X% against the previous year. Total exports indicated a tangible increase 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, propellant powders exports contracted slightly to $X in 2022. Overall, exports enjoyed notable growth. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then fell slightly in the following year.

Exports by Country

France (X tons) and Belgium (X tons) prevails in exports structure, together comprising X% of total exports. Finland (X tons) held the next position in the ranking, followed by the Czech Republic (X tons) and Italy (X tons). All these countries together took near X% share of total exports. Spain (X tons) followed a long way behind the leaders.

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

In value terms, the largest propellant powders supplying countries in the European Union were France ($X), Belgium ($X) and Finland ($X), together accounting for X% of total exports.

Finland, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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

The export price in the European Union stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then shrank slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Finland ($X per ton), while Belgium ($X per ton) 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.

Propellant Powders Imports

Imports in the EU

In 2022, supplies from abroad of propellant powders increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports showed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, propellant powders imports skyrocketed to $X in 2022. The total import value 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 growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The Czech Republic prevails in imports structure, amounting to X tons, which was approx. X% of total imports in 2022. Italy (X tons) held the second position in the ranking, followed by France (X tons), Germany (X tons) and Spain (X tons). All these countries together took near X% share of total imports. The following importers - Romania (X tons) and Ireland (X tons) - each recorded a X% share of total imports.

Imports into the Czech Republic increased at an average annual rate of X% from 2012 to 2022. At the same time, Ireland (X%), Spain (X%), France (X%) and Italy (X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Romania experienced a relatively flat trend pattern. By contrast, Germany (X%) illustrated a downward trend over the same period. The Czech Republic (X p.p.), Spain (X p.p.) and Ireland (X p.p.) significantly strengthened its position in terms of the total imports, while France, Romania, Italy and Germany saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, the largest propellant powders importing markets in the European Union were France ($X), Italy ($X) and Germany ($X), together accounting for X% of total imports. The Czech Republic, Spain, Romania and Ireland lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Ireland, with a CAGR of X%, recorded 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 ton, falling by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2021, and then fell significantly 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 France ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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