Europe: Market for Vacuum Pumps and Air or Gas Compressors 2024

Market Size for Vacuum Pumps and Air or Gas Compressors in Europe

The Europe market for vacuum pumps and air or gas compressors fell slightly to $X in 2022, reducing by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Vacuum Pumps and Air or Gas Compressors in Europe

In value terms, production of vacuum pumps and air or gas compressors rose remarkably to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Vacuum Pumps and Air or Gas Compressors

Exports in Europe

In 2022, the amount of vacuum pumps and air or gas compressors exported in Europe declined slightly to X units, dropping by X% on 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of vacuum pumps and air or gas compressors fell modestly to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then contracted modestly in the following year.

Exports by Country

In 2022, Germany (X units), distantly followed by Poland (X units), Slovakia (X units), France (X units), Italy (X units), the Netherlands (X units), the Czech Republic (X units) and Hungary (X units) represented the major exporters of vacuum pumps and air or gas compressors, together achieving X% of total exports. The following exporters - Romania (X units), Spain (X units), Austria (X units), Belgium (X units) and the UK (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to vacuum pump and air or gas compressor exports from Germany stood at X%. At the same time, Poland (X%), Spain (X%), the Czech Republic (X%), Belgium (X%) and Romania (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. Hungary and Slovakia experienced a relatively flat trend pattern. By contrast, the UK (X%), the Netherlands (X%), France (X%), Austria (X%) and Italy (X%) illustrated a downward trend over the same period. Poland (X p.p.), the Czech Republic (X p.p.), Germany (X p.p.) and Spain (X p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands, Austria, France and Italy saw its share reduced by X%, X%, 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 ($X) remains the largest vacuum pump and air or gas compressor supplier in Europe, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with an X% share of total exports. It was followed by Belgium, with an X% share.

In Germany, exports of vacuum pumps and air or gas compressors remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (X% per year) and Belgium (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, remaining stable against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

Imports of Vacuum Pumps and Air or Gas Compressors

Imports in Europe

Imports of vacuum pumps and air or gas compressors dropped modestly to X units in 2022, flattening at the year before. The total import volume 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 in certain years. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, leveling off in the following year.

In value terms, imports of vacuum pumps and air or gas compressors fell to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then declined modestly in the following year.

Imports by Country

In 2022, Germany (X units), distantly followed by the UK (X units), Poland (X units), France (X units), Italy (X units), Spain (X units), Russia (X units), the Netherlands (X units) and the Czech Republic (X units) were the key importers of vacuum pumps and air or gas compressors, together mixing up X% of total imports. The following importers - Hungary (X units), Slovakia (X units), Romania (X units) and Belgium (X units) - each reached a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to vacuum pump and air or gas compressor imports into Germany stood at X%. At the same time, the Czech Republic (X%), the Netherlands (X%), Poland (X%), Slovakia (X%), Romania (X%), Belgium (X%), Spain (X%), Italy (X%), the UK (X%), Hungary (X%) and France (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Russia experienced a relatively flat trend pattern. From 2012 to 2022, the share of Germany and the Czech Republic increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported vacuum pumps and air or gas compressors in Europe, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with an X% share of total imports. It was followed by France, with an X% share.

In Germany, imports of vacuum pumps and air or gas compressors increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the UK (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price continues to indicate a pronounced descent. The growth pace was the most rapid in 2013 an increase of 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.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per unit), while Spain ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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