EU: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2024

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in the EU

In 2023, after three years of growth, there was significant decline in the EU market for equipment for scaffolding, shuttering, propping or pit propping, when its value decreased by X% to $X. The total consumption indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. The level of consumption peaked at $X in 2022, and then declined in the following year.

Production of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in the EU

In value terms, scaffolding, shuttering, and propping equipment production shrank to $X in 2023 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. The level of production peaked at $X in 2022, and then reduced in the following year.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports in the EU

Scaffolding, shuttering, and propping equipment exports dropped to X tons in 2023, waning by X% against the year before. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, scaffolding, shuttering, and propping equipment exports shrank to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2022, and then shrank in the following year.

Exports by Country

Germany was the key exporter of equipment for scaffolding, shuttering, propping or pit propping in the European Union, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. It was distantly followed by Spain (X tons), Poland (X tons), Austria (X tons), Italy (X tons), the Netherlands (X tons) and Belgium (X tons), together comprising a X% share of total exports. The Czech Republic (X tons), Sweden (X tons), Portugal (X tons), France (X tons), Romania (X tons) and Latvia (X tons) followed a long way behind the leaders.

Germany experienced a relatively flat trend pattern with regard to volume of exports of equipment for scaffolding, shuttering, propping or pit propping. At the same time, Sweden (X%), the Netherlands (X%), Latvia (X%), Poland (X%), Belgium (X%) and Romania (X%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. France, Spain and Portugal experienced a relatively flat trend pattern. By contrast, Austria (X%), Italy (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.), the Netherlands (X p.p.) and Sweden (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the Czech Republic (X p.p.), Austria (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 ($X) remains the largest scaffolding, shuttering, and propping equipment supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Austria ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

In Germany, scaffolding, shuttering, and propping equipment exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Austria (X% per year) and Spain (X% per year).

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, rising by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Austria ($X per ton), while Latvia ($X per ton) was amongst the lowest.

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

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports in the EU

In 2023, after two years of growth, there was significant decline in overseas purchases of equipment for scaffolding, shuttering, propping or pit propping, when their volume decreased by X% to X tons. Total imports indicated a pronounced increase from 2012 to 2023: its volume 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 pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2022, and then reduced in the following year.

In value terms, scaffolding, shuttering, and propping equipment imports shrank to $X in 2023. In general, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2022, and then dropped in the following year.

Imports by Country

In 2023, Germany (X tons), distantly followed by France (X tons), Italy (X tons), Poland (X tons), Spain (X tons), Belgium (X tons), the Netherlands (X tons), Sweden (X tons) and Romania (X tons) represented the main importers of equipment for scaffolding, shuttering, propping or pit propping, together committing X% of total imports. The following importers - Austria (X tons), Ireland (X tons), Portugal (X tons) and the Czech Republic (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Ireland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2023, together accounting for X% of total imports. The Netherlands, Spain, Belgium, Sweden, Austria, Poland, Portugal, Romania, the Czech Republic and Ireland lagged somewhat behind, together comprising a further X%.

Ireland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 the European Union stood at $X per ton in 2023, with an increase of X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is likely to see steady growth in years to come.

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 the Netherlands ($X per ton), while Ireland ($X per ton) was amongst the lowest.

From 2012 to 2023, 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.

Source: IndexBox Platform