EU: Market for Vacuum Flasks and Vessels 2024

Market Size for Vacuum Flasks and Vessels in the EU

The EU vacuum flask and vessel market reduced to $X in 2022, dropping by X% against the previous year. Overall, consumption recorded a pronounced decline. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Vacuum Flasks and Vessels in the EU

In value terms, vacuum flask and vessel production shrank to $X in 2022 estimated in export price. Overall, production saw a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

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Exports of Vacuum Flasks and Vessels

Exports in the EU

In 2022, shipments abroad of vacuum flasks and vessels increased by X% to X units, rising for the fifth consecutive year after two years of decline. In general, exports enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, vacuum flask and vessel exports rose significantly to $X in 2022. Overall, exports enjoyed resilient growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, the Netherlands (X units), distantly followed by Germany (X units), Poland (X units), Spain (X units) and Belgium (X units) represented the largest exporters of vacuum flasks and vessels, together comprising X% of total exports. France (X units), Portugal (X units), the Czech Republic (X units), Denmark (X units), Slovenia (X units), Romania (X units), Italy (X units) and Hungary (X units) followed a long way behind the leaders.

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

In value terms, the Netherlands ($X), Germany ($X) and Poland ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Belgium, France, Denmark, Spain, the Czech Republic, Romania, Italy, Slovenia, Portugal and Hungary lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Romania, 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 2022, shrinking by X% against the previous year. Over the period under review, the export price showed a noticeable decrease. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 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 Romania ($X per unit), while Portugal ($X per unit) was amongst the lowest.

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

Imports of Vacuum Flasks and Vessels

Imports in the EU

In 2022, vacuum flask and vessel imports in the European Union amounted to X units, picking up by X% compared with 2021 figures. In general, imports posted prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, vacuum flask and vessel imports rose sharply to $X in 2022. Over the period under review, imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Germany (X units), the Netherlands (X units), France (X units), Poland (X units), Spain (X units), Italy (X units) and Belgium (X units) represented the largest importer of vacuum flasks and vessels in the European Union, achieving X% of total import. The following importers - the Czech Republic (X units), Sweden (X units), Romania (X units), Slovenia (X units), Denmark (X units) and Hungary (X units) - together made up X% of total imports.

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

In value terms, the largest vacuum flask and vessel importing markets in the European Union were Germany ($X), the Netherlands ($X) and France ($X), together comprising X% of total imports. Poland, Belgium, Italy, Spain, Sweden, the Czech Republic, Denmark, Romania, Slovenia and Hungary lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Slovenia, with a CAGR of X%, saw 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, picking up by X% against the previous year. Overall, the import price, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Denmark ($X per unit), while Romania ($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 a decline in the import price figures.

Source: IndexBox Platform

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