Europe: Market for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials 2024

Market Size for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials in Europe

In 2022, the Europe market for belt type continuous-action elevators and conveyors for goods or materials decreased by X% to $X, falling for the fourth year in a row after three years of growth. Overall, consumption saw a mild shrinkage. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials in Europe

In value terms, production of belt type continuous-action elevators and conveyors for goods or materials reduced slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth failed to regain momentum.

Exports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Exports in Europe

In 2022, shipments abroad of belt type continuous-action elevators and conveyors for goods or materials increased by X% to X units, rising for the second year in a row after three years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of belt type continuous-action elevators and conveyors for goods or materials rose to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

In 2022, Germany (X units), distantly followed by the UK (X units), Italy (X units), Belarus (X units), Austria (X units), the Netherlands (X units), Latvia (X units) and Denmark (X units) represented the key exporters of belt type continuous-action elevators and conveyors for goods or materials, together achieving X% of total exports. Spain (X units), the Czech Republic (X units), France (X units), Poland (X units) and Slovakia (X units) followed a long way behind the leaders.

Germany experienced a relatively flat trend pattern with regard to volume of exports of belt type continuous-action elevators and conveyors for goods or materials. At the same time, Latvia (X%), Belarus (X%), the UK (X%), Poland (X%), Slovakia (X%) and Italy (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. The Netherlands and the Czech Republic experienced a relatively flat trend pattern. By contrast, Spain (X%), Denmark (X%), France (X%) and Austria (X%) illustrated a downward trend over the same period. Belarus (X p.p.), Latvia (X p.p.) and the UK (X p.p.) significantly strengthened its position in terms of the total exports, while Denmark, Austria and Germany saw its share reduced by 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 ($X), Italy ($X) and Austria ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. The Netherlands, the UK, Denmark, Latvia, France, Spain, Poland, the Czech Republic, Slovakia and Belarus lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Latvia, with a CAGR of X%, saw the highest rates of growth with regard to 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 Europe stood at $X per unit in 2022, falling by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2021, and then shrank in the following year.

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

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

Imports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Imports in Europe

Imports of belt type continuous-action elevators and conveyors for goods or materials reduced slightly to X units in 2022, with a decrease of X% on the year before. Total imports indicated a resilient 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 most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then contracted in the following year.

In value terms, imports of belt type continuous-action elevators and conveyors for goods or materials totaled $X in 2022. Total imports indicated a resilient 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 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Germany (X units), followed by Russia (X units), Norway (X units), Switzerland (X units), the UK (X units), France (X units), Serbia (X units) and Austria (X units) represented the main importers of belt type continuous-action elevators and conveyors for goods or materials, together making up X% of total imports. Latvia (X units), Italy (X units), the Netherlands (X units), Poland (X units) and Spain (X units) followed a long way behind the leaders.

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

In value terms, the largest belt type continuous-action elevator and conveyor importing markets in Europe were Germany ($X), Russia ($X) and the UK ($X), together accounting for X% of total imports. France, Switzerland, Italy, Latvia, Poland, the Netherlands, Spain, Austria, Serbia and Norway lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Latvia, 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 Europe stood at $X per unit in 2022, surging 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 2018 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2020; however, from 2021 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 Russia ($X per unit), while Norway ($X per unit) 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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