Overview of the Global Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

The global market for equipment for scaffolding, shuttering, propping or pit propping was estimated at $X in 2023, rising by X% against the previous year. Overall, the total consumption 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, consumption increased by X% against 2020 indices. Over the period under review, the global market reached the peak level at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

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

In value terms, scaffolding, shuttering, and propping equipment production rose to $X in 2023 estimated in export price. In general, the total production indicated a notable 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, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, global production attained the peak level at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

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

Exports

In 2023, the amount of equipment for scaffolding, shuttering, propping or pit propping exported worldwide rose slightly to X tons, growing by X% against the year before. The total export volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the global exports hit record highs at X tons in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

In value terms, scaffolding, shuttering, and propping equipment exports declined to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The global exports peaked at $X in 2022, and then shrank modestly in the following year.

Exports by Country

In 2023, China (X tons) represented the largest exporter of equipment for scaffolding, shuttering, propping or pit propping, committing X% of total exports. It was distantly followed by Germany (X tons), making up an X% share of total exports. Spain (X tons), South Korea (X tons), Poland (X tons), India (X tons), Austria (X tons), Turkey (X tons), Italy (X tons), the United Arab Emirates (X tons), the Netherlands (X tons) and Belgium (X tons) took a little share of total exports.

China was also the fastest-growing in terms of the equipment for scaffolding, shuttering, propping or pit propping exports, with a CAGR of X% from 2012 to 2023. At the same time, the Netherlands (X%), Turkey (X%), Poland (X%), Belgium (X%) and India (X%) displayed positive paces of growth. Germany and Spain experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (X%), Austria (X%), South Korea (X%) and Italy (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of the United Arab Emirates (X p.p.), Italy (X p.p.), Austria (X p.p.), South Korea (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest scaffolding, shuttering, and propping equipment supplying countries worldwide were China ($X), Germany ($X) and Austria ($X), with a combined X% share of global exports. Spain, India, Poland, Italy, South Korea, Turkey, the Netherlands, the United Arab Emirates and Belgium lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

The average export price for equipment for scaffolding, shuttering, propping or pit propping stood at $X per ton in 2023, falling by 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 an increase of X%. The global export price peaked at $X per ton in 2022, and then reduced in the following year.

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 ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

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

Imports

In 2023, overseas purchases of equipment for scaffolding, shuttering, propping or pit propping decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Global imports peaked at X tons in 2018; however, from 2019 to 2023, imports failed to regain momentum.

In value terms, scaffolding, shuttering, and propping equipment imports fell to $X in 2023. The total import 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 appeared the most rapid in 2021 with an increase of X%. Over the period under review, global imports reached the peak figure at $X in 2022, and then shrank in the following year.

Imports by Country

The purchases of the twelve major importers of equipment for scaffolding, shuttering, propping or pit propping, namely the United States, Germany, Australia, the UK, France, Italy, Japan, Thailand, Poland, Spain, Canada and Hong Kong SAR, represented more than third of total import. Belgium (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Thailand (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and France ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of global imports. The UK, Italy, Japan, Australia, Spain, Canada, Belgium, Poland, Hong Kong SAR and Thailand lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for equipment for scaffolding, shuttering, propping or pit propping stood at $X per ton in 2023, shrinking by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2022, and then contracted slightly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform