EU: Pyrotechnic Articles Market 2024

Pyrotechnic Articles Market Size in the EU

The EU pyrotechnic articles market contracted rapidly to $X in 2022, dropping by X% against the previous year. In general, consumption showed a noticeable slump. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Pyrotechnic Articles Production in the EU

In value terms, pyrotechnic articles production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then declined in the following year.

Pyrotechnic Articles Exports

Exports in the EU

For the third year in a row, the European Union recorded growth in shipments abroad of signalling flares, rain rockets, fog signals and other pyrotechnic articles, which increased by X% to X tons in 2022. In general, exports, however, recorded a slight downturn. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, pyrotechnic articles exports expanded notably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

In 2022, Germany (X tons) and France (X tons) were the largest exporters of signalling flares, rain rockets, fog signals and other pyrotechnic articles in the European Union, together committing X% of total exports. Spain (X tons) ranks next in terms of the total exports with an X% share, followed by Italy (X%), the Czech Republic (X%) and Sweden (X%). Bulgaria (X tons) held a relatively small share of total exports.

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

In value terms, the largest pyrotechnic articles supplying countries in the European Union were France ($X), Germany ($X) and the Czech Republic ($X), with a combined X% share of total exports. Sweden, Spain, Italy and Bulgaria lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, saw 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

In 2022, the export price in the European Union amounted to $X per ton, shrinking by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined in the following year.

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

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

Pyrotechnic Articles Imports

Imports in the EU

After three years of decline, purchases abroad of signalling flares, rain rockets, fog signals and other pyrotechnic articles increased by X% to X tons in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, pyrotechnic articles imports totaled $X in 2022. Total imports indicated a noticeable expansion 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, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2021 when imports increased by 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 countries with the highest levels of pyrotechnic articles imports in 2022 were Spain (X tons), Germany (X tons), France (X tons), the Netherlands (X tons), Denmark (X tons) and Latvia (X tons), together accounting for X% of total import. The following importers - Portugal (X tons), Slovakia (X tons), Sweden (X tons), the Czech Republic (X tons), Poland (X tons), Belgium (X tons) and Italy (X tons) - together made up X% of total imports.

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

In value terms, the Netherlands ($X) constitutes the largest market for imported signalling flares, rain rockets, fog signals and other pyrotechnic articles in the European Union, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with an X% share of total imports. It was followed by Germany, with an X% share.

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

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, reducing by X% against the previous year. Import price indicated a temperate expansion from 2012 to 2022: its price 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, pyrotechnic articles import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, and then dropped modestly in the following year.

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

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

Source: IndexBox Platform

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