EU: Tamping Machinery Market 2024

Tamping Machinery Market Size in the EU

In 2022, the EU tamping machinery market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, enjoyed a remarkable increase. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Tamping Machinery Production in the EU

In value terms, tamping machinery production rose remarkably to $X in 2022 estimated in export price. The total production indicated a tangible 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of production peaked in 2022 and is expected to retain growth in years to come.

Tamping Machinery Exports

Exports in the EU

In 2022, shipments abroad of tamping or compacting machinery increased by X% to X units, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, tamping machinery exports shrank slightly 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 indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

Germany dominates exports structure, accounting for X units, which was near X% of total exports in 2022. Sweden (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by France (X%) and the Netherlands (X%). The following exporters - Austria (X units), the Czech Republic (X units) and Belgium (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to tamping machinery exports from Germany stood at X%. At the same time, Sweden (X%), the Netherlands (X%), Austria (X%) and France (X%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. Germany (X p.p.), Sweden (X p.p.), the Netherlands (X p.p.) and France (X p.p.) significantly strengthened its position in terms of the total exports, while Belgium and the Czech Republic saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest tamping machinery supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports. It was followed by France, with a X% share.

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

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, shrinking by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Belgium ($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 Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Tamping Machinery Imports

Imports in the EU

In 2022, imports of tamping or compacting machinery in the European Union contracted to X units, reducing by X% compared with 2021. Total imports indicated a pronounced expansion 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, tamping machinery imports contracted to $X in 2022. The total import 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 pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Germany (X units), distantly followed by Poland (X units), France (X units), Sweden (X units), Denmark (X units), the Netherlands (X units) and Austria (X units) represented the major importers of tamping or compacting machinery, together committing X% of total imports. The following importers - the Czech Republic (X units), Ireland (X units), Hungary (X units), Belgium (X units), Italy (X units) and Romania (X units) - together made up X% of total imports.

Imports into Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Ireland (X%), Sweden (X%), Italy (X%), Hungary (X%), Austria (X%), Poland (X%), the Czech Republic (X%), the Netherlands (X%), Romania (X%) and Denmark (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. By contrast, France (X%) and Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Germany, Sweden, Ireland and Poland increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Poland ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Sweden, Denmark, the Netherlands, Austria, the Czech Republic, Belgium, Romania, Italy, Ireland and Hungary lagged somewhat behind, together comprising a further X%.

Among 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

The import price in the European Union stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per unit), while Ireland ($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 Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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