United Kingdom: Concrete Mixer Market 2024

Concrete Mixer Market Size in the UK

In 2021, after two years of decline, there was significant growth in the UK concrete mixer market, when its value increased by 110% to $X. Over the period under review, consumption recorded a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Concrete Mixer Production in the UK

In value terms, concrete mixer production rose modestly to $X in 2021 estimated in export price. In general, the total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -26.3% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of 31%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Concrete Mixer Exports

Exports from the UK

In 2021, shipments abroad of concrete or mortar mixers increased by 3.8% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports, however, continue to indicate a perceptible descent. The growth pace was the most rapid in 2016 when exports increased by 17% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, concrete mixer exports expanded markedly to $X in 2021. In general, exports, however, showed a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of 42% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Ireland (X units) was the main destination for concrete mixer exports from the UK, with a 56% share of total exports. Moreover, concrete mixer exports to Ireland exceeded the volume sent to the second major destination, the United States (X units), eightfold. France (X units) ranked third in terms of total exports with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ireland stood at +13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-7.5% per year) and France (+16.3% per year).

In value terms, Ireland ($X) remains the key foreign market for concrete or mortar mixers exports from the UK, comprising 40% of total exports. The second position in the ranking was taken by the United States ($X), with a 15% share of total exports. It was followed by France, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value to Ireland amounted to +19.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-9.6% per year) and France (+14.5% per year).

Export Prices by Country

The average concrete mixer export price stood at $X per unit in 2021, rising by 2.8% against the previous year. Over the period under review, the export price, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 31% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Saint Lucia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Mixer Imports

Imports into the UK

In 2021, overseas purchases of concrete or mortar mixers were finally on the rise to reach X units after two years of decline. Overall, imports posted a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, concrete mixer imports surged to $X in 2021. In general, imports saw a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), China (X units) and Italy (X units) were the main suppliers of concrete mixer imports to the UK, together comprising 84% of total imports. These countries were followed by Turkey, Canada, France and the United States, which together accounted for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +42.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of concrete or mortar mixers to the UK, comprising 54% of total imports. The second position in the ranking was held by China ($X), with a 15% share of total imports. It was followed by Italy, with a 9% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +14.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.4% per year) and Italy (+34.9% per year).

Import Prices by Country

In 2021, the average concrete mixer import price amounted to $X per unit, jumping by 21% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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