Europe: Prepared Drier Market 2024

Prepared Drier Market Size in Europe

The Europe prepared drier market soared to $X in 2023, surging by X% against the previous year. In general, consumption, however, recorded a slight downturn. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Prepared Drier Production in Europe

In value terms, prepared drier production expanded remarkably to $X in 2023 estimated in export price. In general, production, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Prepared Drier Exports

Exports in Europe

In 2023, approx. X tons of prepared driers were exported in Europe; falling by X% against the previous year's figure. Over the period under review, exports showed a mild downturn. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2023, the exports failed to regain momentum.

In value terms, prepared drier exports reduced modestly to $X in 2023. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was 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 failed to regain momentum.

Exports by Country

In 2023, Belgium (X tons) and Spain (X tons) were the main exporters of prepared driers in Europe, together reaching near X% of total exports. The UK (X tons) ranks next in terms of the total exports with a X% share, followed by France (X%), the Netherlands (X%) and Germany (X%). Italy (X tons) took a minor share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Spain ($X) and France ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Germany, the UK, the Netherlands and Italy lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

In 2023, the export price in Europe amounted to $X per ton, leveling off at the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked 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 Germany ($X per ton), while Spain ($X per ton) 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.

Prepared Drier Imports

Imports in Europe

In 2023, prepared drier imports in Europe declined modestly to X tons, remaining relatively unchanged against 2022 figures. Over the period under review, imports showed a mild contraction. 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 maximum at X tons in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

In value terms, prepared drier imports shrank modestly to $X in 2023. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Germany (X tons) and the Netherlands (X tons) represented roughly X% of total imports in 2023. France (X tons) ranks next in terms of the total imports with a X% share, followed by the UK (X%), Spain (X%), Russia (X%), Poland (X%) and Italy (X%). Romania (X tons), Portugal (X tons), Belgium (X tons), Ukraine (X tons) and the Czech Republic (X tons) held a little share of total imports.

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

In value terms, the largest prepared drier importing markets in Europe were Germany ($X), the Netherlands ($X) and France ($X), together accounting for X% of total imports. The UK, Spain, Italy, Russia, Poland, Romania, Ukraine, Belgium, Portugal and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 Europe stood at $X per ton in 2023, standing approx. at the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2022, and then dropped slightly in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in the UK ($X per ton) and Italy ($X per ton), while Russia ($X per ton) and Portugal ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform