Europe: Balloon And Dirigible Market 2024

Balloon And Dirigible Market Size in Europe

The Europe balloon and dirigible market was finally on the rise to reach $X in 2023, after two years of decline. In general, consumption, however, continues to indicate a slight decline. As a result, consumption attained the peak level of $X. From 2021 to 2023, the growth of the market failed to regain momentum.

Balloon And Dirigible Production in Europe

In value terms, balloon and dirigible production contracted to $X in 2023 estimated in export price. Overall, production recorded a abrupt descent. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2023, production growth remained at a lower figure.

Balloon And Dirigible Exports

Exports in Europe

In 2023, shipments abroad of balloons, dirigibles and other non-powered aircraft increased by X% to X units, rising for the fourth consecutive year after five years of decline. Total exports indicated a notable expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2023, the growth of the exports failed to regain momentum.

In value terms, balloon and dirigible exports soared to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2023 and are expected to retain growth in the immediate term.

Exports by Country

Finland represented the key exporting country with an export of around X units, which resulted at X% of total exports. The UK (X units) ranks second in terms of the total exports with a X% share, followed by Belgium (X%), Spain (X%) and Denmark (X%). The following exporters - Ireland (X units) and the Netherlands (X units) - each recorded a X% share of total exports.

Finland experienced a relatively flat trend pattern with regard to volume of exports of balloons, dirigibles and other non-powered aircraft. At the same time, Denmark (X%), the Netherlands (X%), Ireland (X%), the UK (X%), Spain (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2023. The UK (X p.p.), Belgium (X p.p.), Denmark (X p.p.), Ireland (X p.p.), the Netherlands (X p.p.) and Spain (X p.p.) significantly strengthened its position in terms of the total exports, while Finland saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the largest balloon and dirigible supplying countries in Europe were the UK ($X), Spain ($X) and Denmark ($X), with a combined X% share of total exports.

Among the main exporting countries, Denmark, with a CAGR of X%, saw 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

In 2023, the export price in Europe amounted to $X per unit, falling by X% 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 2017 when the export price increased by X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2023, 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 Spain ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced a decline in the export price figures.

Balloon And Dirigible Imports

Imports in Europe

In 2023, after two years of decline, there was significant growth in overseas purchases of balloons, dirigibles and other non-powered aircraft, when their volume increased by X% to X units. In general, imports, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2023, the growth of imports failed to regain momentum.

In value terms, balloon and dirigible imports surged to $X in 2023. Total imports indicated a slight increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

The countries with the highest levels of balloon and dirigible imports in 2023 were Ireland (X units), Finland (X units), Russia (X units), the Netherlands (X units), the UK (X units), Portugal (X units), Norway (X units), Italy (X units), Germany (X units), Sweden (X units) and the Czech Republic (X units), together accounting for X% of total import. Ukraine (X units) took a minor share of total imports.

From 2012 to 2023, 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 largest balloon and dirigible importing markets in Europe were Germany ($X), the UK ($X) and the Netherlands ($X), with a combined X% share of total imports. Italy, Russia, the Czech Republic, Sweden, Finland, Norway, Ireland, Portugal and Ukraine lagged somewhat behind, together comprising a further X%.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Europe amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the import price showed prominent growth. The pace of growth was the most pronounced in 2015 when the import price increased by X%. The level of import peaked in 2023 and is likely to see steady growth in the near future.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ireland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform