EU: Thermoforming Machine Market 2024

Thermoforming Machine Market Size in the EU

In 2023, the EU thermoforming machine market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. 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 years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2023, the growth of the market remained at a lower figure.

Thermoforming Machine Production in the EU

In value terms, thermoforming machine production dropped to $X in 2023 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of production peaked at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

Thermoforming Machine Exports

Exports in the EU

In 2023, after three years of growth, there was significant decline in overseas shipments of thermoforming machines for working rubber or plastics, when their volume decreased by X% to X units. Over the period under review, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of export peaked at X units in 2022, and then declined in the following year.

In value terms, thermoforming machine exports rose modestly to $X in 2023. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

Germany (X units) and the Netherlands (X units) represented roughly X% of total exports in 2023. Italy (X units) took the next position in the ranking, distantly followed by the Czech Republic (X units). All these countries together took near X% share of total exports. The following exporters - France (X units), Poland (X units) and Sweden (X units) - together made up X% of total exports.

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

In value terms, Germany ($X) remains the largest thermoforming machine supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Germany amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (X% per year) and Poland (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2023, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2023, the export prices failed to regain momentum.

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 Poland ($X per unit), while Sweden ($X per unit) was amongst the lowest.

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

Thermoforming Machine Imports

Imports in the EU

Thermoforming machine imports rose significantly to X units in 2023, surging by X% against the previous year. Total imports indicated a moderate increase from 2012 to 2023: its volume 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, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, thermoforming machine imports dropped to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2022, and then reduced in the following year.

Imports by Country

In 2023, Belgium (X units) was the key importer of thermoforming machines for working rubber or plastics, constituting X% of total imports. France (X units) ranks second in terms of the total imports with a X% share, followed by Spain (X%) and the Netherlands (X%). The Czech Republic (X units), Italy (X units), Greece (X units), Poland (X units), Ireland (X units), Germany (X units) and Portugal (X units) held a little share of total imports.

Belgium was also the fastest-growing in terms of the thermoforming machines for working rubber or plastics imports, with a CAGR of X% from 2012 to 2023. At the same time, Greece (X%), the Czech Republic (X%), Ireland (X%), the Netherlands (X%), Germany (X%), Poland (X%) and Spain (X%) displayed positive paces of growth. Italy and Portugal experienced a relatively flat trend pattern. By contrast, France (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Belgium, the Netherlands, the Czech Republic and Greece increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

Among the main importing countries, Greece, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 unit in 2023, dropping by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2023, 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 Germany ($X per unit), while Belgium ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform