EU: Self-Propelled Rock Cutter Market 2024

Self-Propelled Rock Cutter Market Size in the EU

The EU self-propelled rock cutter market stood at $X in 2022, picking up by X% against the previous year. The total consumption indicated a strong increase 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, consumption decreased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Self-Propelled Rock Cutter Production in the EU

In value terms, self-propelled rock cutter production dropped to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Self-Propelled Rock Cutter Exports

Exports in the EU

In 2022, overseas shipments of self-propelled coal or rock cutters and tunnelling machinery decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, self-propelled rock cutter exports totaled $X in 2022. Over the period under review, exports saw a noticeable setback. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Finland represented the key exporting country with an export of around X units, which reached X% of total exports. Sweden (X units) took the second position in the ranking, distantly followed by Austria (X units), Germany (X units) and the Netherlands (X units). All these countries together took approx. X% share of total exports. The following exporters - France (X units) and Belgium (X units) - together made up X% of total exports.

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

In value terms, Finland ($X) remains the largest self-propelled rock cutter supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

In Finland, self-propelled rock cutter exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Sweden (X% per year) and Austria (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, growing by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2019; however, from 2020 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 Finland ($X per unit), while France ($X per unit) was amongst the lowest.

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

Self-Propelled Rock Cutter Imports

Imports in the EU

In 2022, the amount of self-propelled coal or rock cutters and tunnelling machinery imported in the European Union skyrocketed to X units, picking up by X% compared with the year before. In general, imports showed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, self-propelled rock cutter imports surged to $X in 2022. Over the period under review, imports showed a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Italy (X units), distantly followed by Poland (X units), Sweden (X units) and Austria (X units) represented the key importers of self-propelled coal or rock cutters and tunnelling machinery, together achieving X% of total imports. The following importers - France (X units), Bulgaria (X units), the Netherlands (X units), Spain (X units), Lithuania (X units), Romania (X units) and Germany (X units) - together made up X% of total imports.

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

In value terms, the largest self-propelled rock cutter importing markets in the European Union were Italy ($X), Poland ($X) and Sweden ($X), together accounting for X% of total imports.

Italy, with a CAGR of X%, saw the highest growth rate of 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

The import price in the European Union stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the import price saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

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 Spain ($X per unit), while Germany ($X per unit) 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.

Source: IndexBox Platform

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