EU: Vapour Power Unit Market 2024

Vapour Power Unit Market Size in the EU

The EU vapour power unit market skyrocketed to $X in 2022, growing by X% against the previous year. Over the period under review, consumption saw a drastic downturn. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Vapour Power Unit Production in the EU

In value terms, vapour power unit production reduced slightly to $X in 2022 estimated in export price. The total production indicated a modest 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, production increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X, leveling off in the following year.

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Vapour Power Unit Exports

Exports in the EU

In 2022, after two years of growth, there was significant decline in overseas shipments of condensers for steam or other vapour power units, when their volume decreased by X% to X tons. Over the period under review, exports showed a noticeable reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, vapour power unit exports fell markedly to $X in 2022. Overall, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Italy represented the major exporter of condensers for steam or other vapour power units in the European Union, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. Spain (X tons) held the second position in the ranking, distantly followed by the Czech Republic (X tons), Germany (X tons) and the Netherlands (X tons). All these countries together took near X% share of total exports. Denmark (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) emerged as the largest vapour power unit supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

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

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, which is down by X% against the previous year. Overall, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the other leaders experienced mixed trends in the export price figures.

Vapour Power Unit Imports

Imports in the EU

In 2022, the amount of condensers for steam or other vapour power units imported in the European Union reduced remarkably to X tons, dropping by X% against the previous year. Total imports indicated pronounced growth 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 2017 indices. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2021, and then declined sharply in the following year.

In value terms, vapour power unit imports declined remarkably to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then declined dramatically in the following year.

Imports by Country

In 2022, Belgium (X tons) represented the major importer of condensers for steam or other vapour power units, constituting X% of total imports. It was distantly followed by Greece (X tons), the Netherlands (X tons), Germany (X tons) and Poland (X tons), together creating a X% share of total imports. Austria (X tons) and Spain (X tons) followed a long way behind the leaders.

Imports into Belgium increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), Greece (X%), the Netherlands (X%) and Austria (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Spain (X%) and Germany (X%) illustrated a downward trend over the same period. Belgium (X p.p.), Greece (X p.p.), Poland (X p.p.), the Netherlands (X p.p.) and Austria (X p.p.) significantly strengthened its position in terms of the total imports, while Spain and Germany saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Belgium ($X) constitutes the largest market for imported condensers for steam or other vapour power units in the European Union, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Belgium totaled X%. In the other countries, the average annual rates were as follows: Germany (X% per year) and Spain (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, and then fell markedly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform