Europe: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in Europe

In 2023, the Europe steam blasting machine market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Steam Blasting Machine Production in Europe

In value terms, steam blasting machine production amounted to $X in 2023 estimated in export price. Over the period under review, production saw a slight curtailment. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2023, production failed to regain momentum.

Steam Blasting Machine Exports

Exports in Europe

Steam blasting machine exports reduced to X units in 2023, waning by X% compared with the year before. Overall, exports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

In value terms, steam blasting machine exports stood at $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units) and Italy (X units) were the major exporters of steam or sand blasting machines and similar jet-projecting machines in 2023, amounting to near X% and X% of total exports, respectively. Belgium (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%) and Spain (X%). The following exporters - Poland (X units), the Czech Republic (X units), Slovakia (X units), Denmark (X units), the UK (X units), France (X units) and Slovenia (X units) - together made up X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Slovakia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest steam blasting machine supplying countries in Europe were Germany ($X), Italy ($X) and the Netherlands ($X), together accounting for X% of total exports. Belgium, Poland, Spain, the UK, Denmark, the Czech Republic, Slovakia, France and Slovenia lagged somewhat behind, together comprising a further X%.

Slovakia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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

The export price in Europe stood at $X per unit in 2023, increasing by X% against the previous year. Export price indicated tangible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs in 2023 and is likely to see steady growth in years to come.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Steam Blasting Machine Imports

Imports in Europe

After two years of growth, overseas purchases of steam or sand blasting machines and similar jet-projecting machines decreased by X% to X units in 2023. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, steam blasting machine imports dropped to $X in 2023. Total imports indicated a tangible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, the UK (X units), distantly followed by Germany (X units), Russia (X units), the Netherlands (X units) and France (X units) represented the key importers of steam or sand blasting machines and similar jet-projecting machines, together committing X% of total imports. The following importers - Poland (X units), Belgium (X units), Spain (X units), Italy (X units), Slovakia (X units), Ukraine (X units) and Sweden (X units) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands (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 2023, with a combined X% share of total imports. Poland, Russia, the Netherlands, Belgium, Italy, Spain, Sweden, Slovakia and Ukraine lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Slovakia, 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 2023, growing by X% against the previous year. Import price indicated a modest increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, steam blasting machine import price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked at $X per unit in 2021; however, from 2022 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was France ($X per unit), while the UK ($X per unit) was amongst the lowest.

From 2012 to 2023, 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