Europe: Electromagnetic Lifting Head Market 2024

Electromagnetic Lifting Head Market Size in Europe

The Europe electromagnetic lifting head market declined to $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Electromagnetic Lifting Head Production in Europe

In value terms, electromagnetic lifting head production rose sharply to $X in 2022 estimated in export price. Overall, production showed a mild downturn. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Electromagnetic Lifting Head Exports

Exports in Europe

In 2022, approx. X tons of electromagnets and electromagnetic lifting heads were exported in Europe; falling by X% compared with the previous year. The total export 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then contracted slightly in the following year.

In value terms, electromagnetic lifting head exports dropped modestly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then declined modestly in the following year.

Exports by Country

Germany represented the largest exporting country with an export of around X tons, which finished at X% of total exports. Poland (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Italy (X%), the Czech Republic (X%) and France (X%). Romania (X tons), Austria (X tons), Spain (X tons), the Netherlands (X tons), the UK (X tons), Slovakia (X tons), Switzerland (X tons) and Denmark (X tons) held a minor share of total exports.

Exports from Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%), Poland (X%), Slovakia (X%), Romania (X%), Italy (X%), the Czech Republic (X%), Austria (X%) and Spain (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. Denmark and the UK experienced a relatively flat trend pattern. By contrast, Switzerland (X%) and France (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.) and Germany (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of France (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest electromagnetic lifting head supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by France ($X), with an X% share of total exports. It was followed by Italy, with a X% share.

In Germany, electromagnetic lifting head exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: France (X% per year) and Italy (X% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, approximately equating the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 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 the UK ($X per ton), while Poland ($X per ton) was amongst the lowest.

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

Electromagnetic Lifting Head Imports

Imports in Europe

In 2022, purchases abroad of electromagnets and electromagnetic lifting heads increased by X% to X tons, rising for the second consecutive year after two years of decline. 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 throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, electromagnetic lifting head imports dropped to $X in 2022. Total imports indicated perceptible 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 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

Germany represented the key importer of electromagnets and electromagnetic lifting heads in Europe, with the volume of imports recording X tons, which was near X% of total imports in 2022. France (X tons) ranks second in terms of the total imports with an X% share, followed by Hungary (X%), the Czech Republic (X%), Romania (X%), Poland (X%) and Italy (X%). The UK (X tons), Austria (X tons), the Netherlands (X tons), Belgium (X tons) and Russia (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to electromagnetic lifting head imports into Germany stood at X%. At the same time, Romania (X%), Belgium (X%), Poland (X%), Italy (X%), the Czech Republic (X%), France (X%), Russia (X%) and Austria (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. The Netherlands and Hungary experienced a relatively flat trend pattern. By contrast, the UK (X%) illustrated a downward trend over the same period. Germany (X p.p.), Romania (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the total imports, while Hungary and the UK 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 largest electromagnetic lifting head importing markets in Europe were Germany ($X), France ($X) and the Czech Republic ($X), together accounting for X% of total imports.

France, with a CAGR of X%, recorded 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

The import price in Europe stood at $X per ton in 2022, reducing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then declined in the following year.

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

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

Source: IndexBox Platform

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