Europe: Market for Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels 2024

Market Size for Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels in Europe

The Europe market for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels surged to $X in 2022, jumping by X% against the previous year. In general, consumption enjoyed a strong expansion. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels in Europe

In value terms, grease fittings and oil seals production skyrocketed to $X in 2022 estimated in export price. The total production indicated a tangible 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 2019 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production reached the maximum level in 2022 and is likely to see steady growth in years to come.

Exports of Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels

Exports in Europe

In 2022, grease fittings and oil seals exports in Europe soared to X units, jumping by X% compared with 2021. Overall, exports enjoyed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, grease fittings and oil seals exports expanded 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 indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Germany represented the key exporting country with an export of around X units, which finished at X% of total exports. The Czech Republic (X units) held the second position in the ranking, followed by France (X units), Spain (X units), Poland (X units) and Italy (X units). All these countries together took near X% share of total exports. Austria (X units), Hungary (X units), the Netherlands (X units), Romania (X units) and Belgium (X units) 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 Czech Republic (X%), Austria (X%), Spain (X%), the Netherlands (X%), Poland (X%), Romania (X%), Hungary (X%), Italy (X%) and Belgium (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. France experienced a relatively flat trend pattern. Germany (X p.p.), the Czech Republic (X p.p.), Spain (X p.p.), Poland (X p.p.) and Austria (X p.p.) significantly strengthened its position in terms of the total exports, while Belgium and France 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, Germany ($X) remains the largest grease fittings and oil seals supplier in Europe, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with an X% share of total exports. It was followed by France, with a X% share.

In Germany, grease fittings and oil seals exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price saw a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Czech Republic ($X per unit) 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 a decline in the export price figures.

Imports of Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels

Imports in Europe

In 2022, approx. X units of non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels were imported in Europe; rising by X% against the previous year. Over the period under review, imports showed buoyant growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, grease fittings and oil seals imports stood at $X in 2022. The total import value 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 most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Germany was the major importing country with an import of about X units, which resulted at X% of total imports. France (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by the Czech Republic (X%), Italy (X%), Austria (X%) and Denmark (X%). The following importers - the Netherlands (X units), Poland (X units), Spain (X units), Finland (X units), Switzerland (X units), Belgium (X units) and the UK (X units) - together made up X% of total imports.

Imports into Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Denmark (X%), the Czech Republic (X%), Austria (X%), Finland (X%), France (X%), Italy (X%), Poland (X%), Spain (X%), Belgium (X%), the Netherlands (X%), Switzerland (X%) and the UK (X%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Germany (X p.p.), Denmark (X p.p.), the Czech Republic (X p.p.) and France (X p.p.) significantly strengthened its position in terms of the total imports, while Switzerland, the UK and the Netherlands saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels in Europe, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by the Netherlands, with an X% share.

In Germany, grease fittings and oil seals imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, falling by X% against the previous year. In general, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, 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 Switzerland ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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