Global Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size

In 2022, the global steam blasting machine market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a moderate 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, consumption increased by X% against 2020 indices. Global consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Steam Blasting Machine Production

In value terms, steam blasting machine production shrank slightly to $X in 2022 estimated in export price. Overall, the total production indicated pronounced 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, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, global production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Steam Blasting Machine Exports

Exports

In 2022, after two years of growth, there was significant decline in overseas shipments of steam or sand blasting machines and similar jet-projecting machines, when their volume decreased by X% to X units. In general, total exports indicated a notable 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 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then declined in the following year.

In value terms, steam blasting machine exports shrank to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

China was the largest exporting country with an export of about X units, which recorded X% of total exports. The United States (X units) ranks second in terms of the total exports with a X% share, followed by Germany (X%) and Italy (X%). Vietnam (X units), Belgium (X units) and the Netherlands (X units) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to steam blasting machine exports from China stood at X%. At the same time, Vietnam (X%), the Netherlands (X%), the United States (X%), Belgium (X%) and Germany (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Italy (X%) illustrated a downward trend over the same period. While the share of the United States (X p.p.), Vietnam (X p.p.) and the Netherlands (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Germany (X p.p.) and Italy (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), China ($X) and Italy ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of global exports. Vietnam, the United States, the Netherlands and Belgium lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average steam blasting machine export price amounted to $X per unit, remaining relatively unchanged against the previous year. In general, the export price, however, saw a pronounced descent. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. The global export price peaked at $X per unit in 2013; however, from 2014 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 Vietnam ($X per unit), while the United States ($X per unit) was amongst the lowest.

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

Steam Blasting Machine Imports

Imports

For the third year in a row, the global market recorded growth in overseas purchases of steam or sand blasting machines and similar jet-projecting machines, which increased by X% to X units in 2022. Over the period under review, total imports indicated a pronounced 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 2016 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, global imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, steam blasting machine imports declined sharply to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then fell significantly in the following year.

Imports by Country

In 2022, the UK (X units), Russia (X units), the United States (X units), Brazil (X units), the Netherlands (X units), Germany (X units), Mexico (X units) and France (X units) was the key importer of steam or sand blasting machines and similar jet-projecting machines in the world, making up X% of total import. The following importers - Malaysia (X units), Spain (X units), Belgium (X units), Italy (X units) and Canada (X units) - each resulted at a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Netherlands (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported steam or sand blasting machines and similar jet-projecting machines worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average steam blasting machine import price amounted to $X per unit, reducing by X% against the previous year. In general, the import price saw a slight contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Global import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per unit), while Brazil ($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 global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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