Europe: Construction Equipment Blade Market 2024

Construction Equipment Blade Market Size in Europe

The Europe construction equipment blade market expanded significantly to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Construction Equipment Blade Production in Europe

In value terms, construction equipment blade production totaled $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Construction Equipment Blade Exports

Exports in Europe

Construction equipment blade exports contracted modestly to X units in 2022, with a decrease of X% against the previous year's figure. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, construction equipment blade exports rose to $X in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the UK (X units) was the main exporter of blades for construction equipment, comprising X% of total exports. Germany (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Hungary (X%) and Russia (X%). Slovakia (X units), Spain (X units), Belarus (X units) and the Netherlands (X units) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to construction equipment blade exports from the UK stood at X%. At the same time, Slovakia (X%), Spain (X%), Russia (X%), Germany (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. By contrast, the Netherlands (X%) and Hungary (X%) illustrated a downward trend over the same period. Germany (X p.p.), Russia (X p.p.), Slovakia (X p.p.) and Spain (X p.p.) significantly strengthened its position in terms of the total exports, while the UK and Hungary 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, the UK ($X) remains the largest construction equipment blade supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the UK was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (X% per year) and Hungary (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, picking up by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 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 Hungary ($X per unit), while the UK ($X per unit) was amongst the lowest.

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

Construction Equipment Blade Imports

Imports in Europe

Construction equipment blade imports surged to X units in 2022, with an increase of X% against the previous year's figure. The total import 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 most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, construction equipment blade imports skyrocketed to $X in 2022. Total imports indicated mild growth 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 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Austria (X units), the UK (X units) and Hungary (X units) represented roughly X% of total imports in 2022. It was distantly followed by the Netherlands (X units), France (X units) and Finland (X units), together committing a X% share of total imports. Germany (X units), Italy (X units), Belgium (X units), Sweden (X units), Norway (X units), Russia (X units) and Ireland (X units) held a little share of total imports.

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

In value terms, the largest construction equipment blade importing markets in Europe were Austria ($X), the UK ($X) and Hungary ($X), with a combined X% share of total imports.

The UK, 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 2022, the import price in Europe amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2014; however, from 2015 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 Ireland ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, 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

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