Europe: Bridge Market 2024

Bridge Market Size in Europe

In 2023, the Europe bridge market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. Overall, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2022, and then dropped in the following year.

Bridge Production in Europe

In value terms, bridge production reached $X in 2023 estimated in export price. Overall, production saw a slight reduction. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Bridge Exports

Exports in Europe

In 2023, shipments abroad of bridges, bridge sections, towers and lattice masts (of iron or steel) was finally on the rise to reach X tons for the first time since 2019, thus ending a three-year declining trend. In general, exports, however, continue to indicate a relatively flat trend pattern. 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 reached the peak figure at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, bridge exports surged to $X in 2023. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports reached the maximum at $X in 2013; afterwards, it flattened through to 2023.

Exports by Country

Germany (X tons) and Spain (X tons) were the main exporters of bridges, bridge sections, towers and lattice masts (of iron or steel) in 2023, recording approx. X% and X% of total exports, respectively. The Netherlands (X tons) ranks next in terms of the total exports with a X% share, followed by Italy (X%), Portugal (X%) and Denmark (X%). The following exporters - Slovakia (X tons), France (X tons), Poland (X tons), the Czech Republic (X tons) and Belgium (X tons) - together made up X% of total exports.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest bridge supplying countries in Europe were Spain ($X), Germany ($X) and Italy ($X), together accounting for X% of total exports. The Netherlands, Denmark, Portugal, Slovakia, France, Poland, Belgium and the Czech Republic lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries 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 ton, rising by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

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

Bridge Imports

Imports in Europe

In 2023, purchases abroad of bridges, bridge sections, towers and lattice masts (of iron or steel) decreased by X% to X tons, falling for the second year in a row after four years of growth. Overall, imports, however, saw a noticeable increase. The pace of growth was the most pronounced in 2018 with an increase of X%. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, bridge imports shrank to $X in 2023. In general, imports, however, posted temperate growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2022, and then contracted in the following year.

Imports by Country

In 2023, Germany (X tons), distantly followed by Finland (X tons), Poland (X tons), France (X tons), the UK (X tons) and Spain (X tons) were the main importers of bridges, bridge sections, towers and lattice masts (of iron or steel), together creating X% of total imports. The Netherlands (X tons), Sweden (X tons), Italy (X tons), Portugal (X tons), Belgium (X tons), Austria (X tons) and Denmark (X tons) took a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Portugal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported bridges, bridge sections, towers and lattice masts (of iron or steel) in Europe, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with a X% share of total imports. It was followed by France, with an X% share.

In Germany, bridge imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: the UK (X% per year) and France (X% per year).

Import Prices by Country

In 2023, the import price in Europe amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2023, the import prices remained at a lower figure.

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

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

Source: IndexBox Platform