EU: Self-Propelled Excavating Machinery Market 2024

Self-Propelled Excavating Machinery Market Size in the EU

The EU self-propelled excavating machinery market declined to $X in 2022, waning by X% against the previous year. In general, consumption faced a drastic downturn. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Self-Propelled Excavating Machinery Production in the EU

In value terms, self-propelled excavating machinery production fell to $X in 2022 estimated in export price. In general, production showed a abrupt downturn. The growth pace was the most rapid in 2021 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Self-Propelled Excavating Machinery Exports

Exports in the EU

In 2022, approx. X units of self-propelled earth moving, excavating machinery were exported in the European Union; with an increase of X% against the previous year's figure. In general, exports, however, recorded a mild slump. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, self-propelled excavating machinery exports rose to $X in 2022. Over the period under review, exports, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) and Germany (X units) represented roughly X% of total exports in 2022. It was distantly followed by Italy (X units), France (X units) and Belgium (X units), together making up a X% share of total exports. The following exporters - Sweden (X units), Finland (X units), Spain (X units), Slovakia (X units) and Austria (X units) - together made up X% of total exports.

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

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

In Germany, self-propelled excavating machinery exports decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (X% per year) and Sweden (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

Self-Propelled Excavating Machinery Imports

Imports in the EU

Self-propelled excavating machinery imports shrank dramatically to X units in 2022, declining by X% on the previous year's figure. Total imports 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 most prominent rate of growth was recorded in 2019 when imports increased by X%. The volume of import peaked at X units in 2021, and then declined dramatically in the following year.

In value terms, self-propelled excavating machinery imports fell remarkably to $X in 2022. Over the period under review, imports, however, recorded a mild expansion. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then contracted significantly in the following year.

Imports by Country

In 2022, France (X units) represented the largest importer of self-propelled earth moving, excavating machinery, comprising X% of total imports. The Netherlands (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Belgium (X%), Spain (X%), Portugal (X%) and the Czech Republic (X%). Poland (X units), Germany (X units), Romania (X units), Sweden (X units) and Italy (X units) followed a long way behind the leaders.

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

In value terms, France ($X) constitutes the largest market for imported self-propelled earth moving, excavating machinery in the European Union, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in France totaled X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, leveling off at the previous year. Over the period under review, the import price, however, saw a mild decrease. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per unit), while Portugal ($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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