Europe: Mechanical Stoker Market 2024

Mechanical Stoker Market Size in Europe

After two years of decline, the Europe mechanical stoker market increased by 41% to $X in 2022. In general, consumption saw a strong increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Mechanical Stoker Production in Europe

In value terms, mechanical stoker production shrank to $X in 2022 estimated in export price. Overall, production recorded notable growth. The pace of growth was the most pronounced in 2016 with an increase of 90%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Mechanical Stoker Exports

Exports in Europe

In 2022, exports of mechanical stokers in Europe contracted sharply to X tons, falling by -24.3% against the previous year. Overall, exports saw a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, mechanical stoker exports contracted dramatically to $X in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2017 when exports increased by 40%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of mechanical stokers, namely Germany, Italy and Austria, represented more than half of total export. Poland (X tons) held the next position in the ranking, followed by Hungary (X tons) and Denmark (X tons). All these countries together held near 25% share of total exports. Russia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +5.8%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest mechanical stoker supplying countries in Europe were Italy ($X), Austria ($X) and Germany ($X), together accounting for 75% of total exports.

Italy, with a CAGR of +6.2%, saw 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 a decline in the exports figures.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, with an increase of 1.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2020 when the export price increased by 19% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.4%), while the other leaders experienced more modest paces of growth.

Mechanical Stoker Imports

Imports in Europe

After two years of growth, supplies from abroad of mechanical stokers decreased by -26% to X tons in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 118%. As a result, imports reached the peak of X tons, and then declined markedly in the following year.

In value terms, mechanical stoker imports dropped remarkably to $X in 2022. Overall, imports, however, showed mild growth. The most prominent rate of growth was recorded in 2021 with an increase of 172% against the previous year. As a result, imports reached the peak of $X, and then fell rapidly in the following year.

Imports by Country

In 2022, Russia (X tons) and France (X tons) represented the major importers of mechanical stokers in Europe, together constituting 52% of total imports. Germany (X tons) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by Italy (8.6%) and the UK (7.2%). The following importers - Greece (X tons), Romania (X tons), Ukraine (X tons), Austria (X tons) and Switzerland (X tons) - together made up 13% of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +15.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), France ($X) and Germany ($X) were the countries with the highest levels of imports in 2022, with a combined 72% share of total imports.

Russia, with a CAGR of +9.6%, 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

The import price in Europe stood at $X per ton in 2022, shrinking by -22.4% against the previous year. Import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the import price increased by 27%. Over the period under review, import prices hit record highs at $X per ton in 2021, and then contracted markedly in the following year.

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 ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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