Europe: Self-Propelled Rock Cutter Market 2024

Self-Propelled Rock Cutter Market Size in Europe

The Europe self-propelled rock cutter market reached $X in 2022, rising by X% against the previous year. The total consumption indicated buoyant 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, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Self-Propelled Rock Cutter Production in Europe

In value terms, self-propelled rock cutter production contracted to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Self-Propelled Rock Cutter Exports

Exports in Europe

In 2022, overseas shipments of self-propelled coal or rock cutters and tunnelling machinery decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports showed a pronounced decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, self-propelled rock cutter exports expanded modestly to $X in 2022. Over the period under review, exports continue to indicate a perceptible reduction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Finland represented the main exporter of self-propelled coal or rock cutters and tunnelling machinery in Europe, with the volume of exports recording X units, which was near X% of total exports in 2022. Sweden (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Austria (X%), Germany (X%) and the Netherlands (X%). The following exporters - France (X units) and Belgium (X units) - together made up X% of total exports.

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

In value terms, Finland ($X) remains the largest self-propelled rock cutter supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

In Finland, self-propelled rock cutter 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: Sweden (X% per year) and Austria (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, rising by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 Finland ($X per unit), while France ($X per unit) was amongst the lowest.

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

Self-Propelled Rock Cutter Imports

Imports in Europe

In 2022, self-propelled rock cutter imports in Europe surged to X units, jumping by X% compared with 2021 figures. In general, imports continue to indicate resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, self-propelled rock cutter imports soared to $X in 2022. Over the period under review, imports, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units), distantly followed by Poland (X units), Sweden (X units), Austria (X units) and the UK (X units) represented the main importers of self-propelled coal or rock cutters and tunnelling machinery, together generating X% of total imports. The following importers - France (X units), Bulgaria (X units), the Netherlands (X units), Spain (X units), Serbia (X units), Lithuania (X units) and Romania (X units) - together made up X% of total imports.

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

In value terms, Italy ($X), Poland ($X) and Sweden ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 unit in 2022, with a decrease of X% against the previous year. Overall, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Spain ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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