Europe: Mounting Lifting Equipment Market 2024

Mounting Lifting Equipment Market Size in Europe

In 2022, after four years of decline, there was significant growth in the Europe mounting lifting equipment market, when its value increased by X% to $X. The total consumption indicated noticeable 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. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Mounting Lifting Equipment Production in Europe

In value terms, mounting lifting equipment production rose rapidly to $X in 2022 estimated in export price. The total production indicated a temperate 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, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of production peaked in 2022 and is expected to retain growth in the near future.

Mounting Lifting Equipment Exports

Exports in Europe

In 2022, shipments abroad of lifting equipment designed for mounting on road vehicles increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, mounting lifting equipment exports fell to $X in 2022. Total exports indicated temperate 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then shrank modestly in the following year.

Exports by Country

Austria (X units) and Italy (X units) were the key exporters of lifting equipment designed for mounting on road vehicles in 2022, accounting for near X% and X% of total exports, respectively. Finland (X units) held the next position in the ranking, followed by Poland (X units), Slovakia (X units), Spain (X units) and France (X units). All these countries together took approx. X% share of total exports. Denmark (X units), Belgium (X units), Estonia (X units), Germany (X units) and the Netherlands (X units) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Italy ($X) and Poland ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Spain, Finland, Denmark, Slovakia, France, Belgium, Estonia, Germany and the Netherlands lagged somewhat behind, together comprising a further X%.

Slovakia, with a CAGR of X%, recorded the highest growth rate of 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 2022, the export price in Europe amounted to $X per unit, falling by X% against the previous year. Export price indicated a temperate increase from 2012 to 2022: its price 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, mounting lifting equipment export price increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2021, and then declined in the following year.

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

Mounting Lifting Equipment Imports

Imports in Europe

In 2022, the amount of lifting equipment designed for mounting on road vehicles imported in Europe expanded modestly to X units, increasing by X% against the previous year. Total imports indicated a measured increase 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 growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, mounting lifting equipment imports declined to $X in 2022. Total imports indicated a buoyant 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 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, the UK (X units), distantly followed by Russia (X units), Germany (X units), France (X units), Belgium (X units), the Netherlands (X units), Austria (X units) and Portugal (X units) represented the main importers of lifting equipment designed for mounting on road vehicles, together comprising X% of total imports. Spain (X units), Sweden (X units), Italy (X units), Norway (X units) and Poland (X units) took 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 Portugal (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the UK ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Russia, the Netherlands, Austria, Sweden, Spain, Belgium, Italy, Norway, Poland and Portugal lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Spain, with a CAGR of X%, saw the highest growth rate of 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, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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