United Kingdom: Built-In Jacking System Market 2024

Built-In Jacking System Market Size in the UK

The UK built-in jacking system market totaled $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, recorded a abrupt downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Built-In Jacking System Production in the UK

In value terms, built-in jacking system production declined to $X in 2022 estimated in export price. Overall, production, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Built-in jacking system production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Built-In Jacking System Exports

Exports from the UK

In 2022, the amount of built-in jacking systems of a type used in garages for raising vehicles exported from the UK fell remarkably to X units, declining by X% compared with the year before. Overall, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, built-in jacking system exports shrank to $X in 2022. In general, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ireland (X units), China (X units) and France (X units) were the main destinations of built-in jacking system exports from the UK, together comprising X% of total exports. Denmark, the United States, Italy, the Netherlands, Norway and Kuwait lagged somewhat behind, together accounting for a further X%.

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, Ireland ($X) remains the key foreign market for built-in jacking systems of a type used in garages for raising vehicles exports from the UK, comprising X% of total exports. The second position in the ranking was taken by France ($X), with an X% share of total exports. It was followed by Denmark, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Ireland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2022, the average built-in jacking system export price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price saw a remarkable increase. The growth pace was the most rapid in 2016 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (X%), while the prices for the other major destinations experienced more modest paces of growth.

Built-In Jacking System Imports

Imports into the UK

In 2022, approx. X units of built-in jacking systems of a type used in garages for raising vehicles were imported into the UK; which is down by X% compared with the year before. Overall, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then dropped notably in the following year.

In value terms, built-in jacking system imports expanded significantly to $X in 2022. In general, total imports 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest built-in jacking system supplier to the UK, with a X% share of total imports. Moreover, built-in jacking system imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. The third position in this ranking was taken by the United States (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of built-in jacking systems of a type used in garages for raising vehicles to the UK, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average built-in jacking system import price amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the import price, however, saw a noticeable descent. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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