Europe: Full-Rotation Excavator Market 2024

Full-Rotation Excavator Market Size in Europe

The Europe full-rotation excavator market reduced to $X,103B in 2022, remaining constant against the previous year. Overall, consumption recorded a mild decrease. The pace of growth was the most pronounced in 2021 when the market value increased by X%. The level of consumption peaked at $X,593.6B in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Full-Rotation Excavator Production in Europe

In value terms, full-rotation excavator production dropped slightly to $X,083.9B in 2022 estimated in export price. In general, production showed a mild curtailment. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X,059.8B in 2012; however, from 2013 to 2022, production failed to regain momentum.

Full-Rotation Excavator Exports

Exports in Europe

Full-rotation excavator exports fell modestly to X units in 2022, shrinking by X% on the previous year's figure. Total exports indicated a measured expansion 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2021, and then contracted in the following year.

In value terms, full-rotation excavator exports fell to $X in 2022. Total exports indicated a perceptible increase 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 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

In 2022, the UK (X units) was the main exporter of self-propelled full-rotation excavators and bulldozers, achieving X% of total exports. It was distantly followed by the Netherlands (X units), Germany (X units) and Belgium (X units), together mixing up a X% share of total exports. The following exporters - France (X units), Austria (X units) and Italy (X units) - together made up X% of total exports.

The UK was also the fastest-growing in terms of the self-propelled full-rotation excavators and bulldozers exports, with a CAGR of X% from 2012 to 2022. At the same time, the Netherlands (X%) and Belgium (X%) displayed positive paces of growth. France and Austria experienced a relatively flat trend pattern. By contrast, Germany (X%) and Italy (X%) illustrated a downward trend over the same period. While the share of the UK (X p.p.) and the Netherlands (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Italy (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

The Netherlands, with a CAGR of X%, saw 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 2022, the export price in Europe amounted to $X per unit, stabilizing at the previous year. In general, the export price, however, recorded a mild descent. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the UK ($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.

Full-Rotation Excavator Imports

Imports in Europe

In 2022, the amount of self-propelled full-rotation excavators and bulldozers imported in Europe rose remarkably to X units, surging by X% compared with the previous year. Total imports indicated a prominent 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 pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, full-rotation excavator imports expanded significantly to $X in 2022. Overall, imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

The UK (X units), the Netherlands (X units), Belgium (X units), Russia (X units), Italy (X units) and Germany (X units) represented roughly X% of total imports in 2022. The following importers - France (X units), Poland (X units), Norway (X units), Austria (X units), Switzerland (X units) and Spain (X units) - together made up X% of total imports.

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

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

Among the main importing countries, Italy, with a CAGR of X%, saw the highest rates of growth with regard to 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, with a decrease of X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2021, and then declined 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 Germany ($X per unit), while the UK ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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