United Kingdom - Machinery For Public Works And Building - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPublic Works Machinery Price in the UK - 2023
Contents:
- Public Works Machinery Price in the UK (CIF) - 2022
- Public Works Machinery Price in the UK (FOB) - 2022
- Public Works Machinery Imports in the UK
- Public Works Machinery Exports in the UK
Public Works Machinery Price in the UK (CIF) - 2022
In 2022, the average public works machinery import price amounted to $19,706 per unit, with an increase of 13% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 15%. Over the period under review, average import prices hit record highs at $20,020 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($8,723 per unit) and the Netherlands ($8,712 per unit), while the price for Finland ($8,635 per unit) and China ($8,673 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (-0.9%), while the prices for the other major suppliers experienced a decline.
Public Works Machinery Price in the UK (FOB) - 2022
The average public works machinery export price stood at $17,145 per unit in 2022, declining by -33.6% against the previous year. Over the period under review, the export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2017 an increase of 73% against the previous year. The export price peaked at $34,859 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($41,325 per unit), while the average price for exports to the United Arab Emirates ($24,073 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Public Works Machinery Imports in the UK
Public works machinery imports into the UK amounted to 6.7K units in 2022, picking up by 1.9% against 2021. In general, imports, however, recorded a noticeable setback. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs at 7.4K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, public works machinery imports skyrocketed to $131M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
Import of Public Works Machinery in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 69.2 | 57.9 | 83.7 | 70.4 | 0.6% |
Netherlands | 1.9 | 1.1 | 7.1 | 15.2 | 100.0% |
United States | 11.3 | 13.7 | 6.4 | 14.0 | 7.4% |
Italy | 2.8 | 2.2 | 6.8 | 6.7 | 33.8% |
China | 2.7 | 5.7 | 2.1 | 4.3 | 16.8% |
Denmark | 0.7 | 0.2 | 0.2 | 4.2 | 81.7% |
Finland | 1.5 | 0.3 | 0.3 | 2.4 | 17.0% |
Spain | 7.8 | N/A | N/A | 0.7 | -55.2% |
Others | 7.0 | 4.2 | 7.4 | 13.5 | 24.5% |
Total | 105 | 85.2 | 114 | 131 | 7.7% |
Top Suppliers of Public Works Machinery to the UK in 2022:
- Germany (8.1K units)
- Netherlands (1.8K units)
- United States (1.6K units)
- Italy (0.8K units)
- Denmark (0.5K units)
- China (0.5K units)
- Finland (0.3K units)
- Spain (0.1K units)
Public Works Machinery Exports in the UK
In 2022, exports of machinery for public works and building from the UK soared to 3.2K units, increasing by 30% against the previous year's figure. Overall, total exports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 47%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, public works machinery exports reduced to $55M in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 46% against the previous year. As a result, the exports attained the peak of $64M, and then contracted in the following year.
Export of Public Works Machinery in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.5 | 4.1 | 5.1 | 7.9 | 20.6% |
Germany | 5.9 | 5.9 | 7.0 | 6.0 | 0.6% |
Netherlands | 1.3 | 1.4 | 4.6 | 4.5 | 51.3% |
China | 2.1 | 2.7 | 9.2 | 3.3 | 16.3% |
Ireland | 2.0 | 3.2 | 5.3 | 3.2 | 17.0% |
France | 0.7 | 0.7 | 1.9 | 2.2 | 46.5% |
Hungary | 0.8 | 0.7 | 0.1 | 1.5 | 23.3% |
Spain | 0.2 | 0.8 | 1.3 | 1.5 | 95.7% |
United Arab Emirates | 1.1 | 0.6 | 0.3 | 1.4 | 8.4% |
South Korea | 1.6 | 0.5 | 4.4 | 1.4 | -4.4% |
India | 0.5 | 1.5 | 1.1 | 1.3 | 37.5% |
Brazil | 3.2 | 1.6 | 0.7 | 1.2 | -27.9% |
Australia | 0.8 | 1.3 | 1.7 | 0.9 | 4.0% |
Others | 25.5 | 18.6 | 20.8 | 18.9 | -9.5% |
Total | 50.3 | 43.7 | 63.6 | 55.1 | 3.1% |
Top Export Markets for Public Works Machinery from the UK in 2022:
- United States (217.0 units)
- Germany (164.0 units)
- Netherlands (125.0 units)
- China (92.0 units)
- Ireland (88.0 units)
- France (60.0 units)
- United Arab Emirates (56.0 units)
- Spain (40.0 units)
- South Korea (38.0 units)
- India (36.0 units)
- Hungary (35.0 units)
- Brazil (32.0 units)
- Australia (25.0 units)
This report provides an in-depth analysis of the public works machinery market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28923090 - Machinery for public works, building..., having individual functions
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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