EU: Cable-Making Machine Market 2024

Cable-Making Machine Market Size in the EU

The EU cable-making machine market rose modestly to $X in 2023, surging by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Cable-Making Machine Production in the EU

In value terms, cable-making machine production shrank modestly to $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Cable-Making Machine Exports

Exports in the EU

In 2023, exports of rope or cable-making machines in the European Union soared to X units, rising by X% on 2022 figures. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cable-making machine exports surged to $X in 2023. Total exports indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2023, the Netherlands (X units) represented the key exporter of rope or cable-making machines, mixing up X% of total exports. It was distantly followed by France (X units), Spain (X units), Italy (X units) and Austria (X units), together constituting a X% share of total exports. The following exporters - Sweden (X units) and the Czech Republic (X units) - together made up X% of total exports.

The Netherlands was also the fastest-growing in terms of the rope or cable-making machines exports, with a CAGR of X% from 2012 to 2023. At the same time, Sweden (X%), Spain (X%) and the Czech Republic (X%) displayed positive paces of growth. Austria experienced a relatively flat trend pattern. By contrast, Italy (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the Netherlands, Spain and Sweden increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cable-making machine supplying countries in the European Union were Italy ($X), Austria ($X) and the Czech Republic ($X), together comprising X% of total exports. Spain, France, Sweden and the Netherlands lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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 unit in 2023, dropping by X% against the previous year. Export price indicated a notable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, cable-making machine export price increased by X% against 2021 indices. The growth pace was the most rapid in 2022 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit, and then shrank remarkably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced more modest paces of growth.

Cable-Making Machine Imports

Imports in the EU

For the third year in a row, the European Union recorded growth in supplies from abroad of rope or cable-making machines, which increased by X% to X units in 2023. Over the period under review, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The volume of import peaked in 2023 and is likely to continue growth in the immediate term.

In value terms, cable-making machine imports surged to $X in 2023. In general, imports posted a pronounced increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X units), Belgium (X units) and France (X units) represented roughly X% of total imports in 2023. The Czech Republic (X units) held the next position in the ranking, followed by Poland (X units), Spain (X units) and Italy (X units). All these countries together held approx. X% share of total imports.

From 2012 to 2023, 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, Poland ($X) constitutes the largest market for imported rope or cable-making machines in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

In Poland, cable-making machine imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and Italy (X% per year).

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per unit, which is down by X% against the previous year. Overall, the import price showed a abrupt decrease. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform