In 2022, the manufacturing of spacecraft and their launch automobiles within the EU totalled €5,600 million. This represented a 24% enhance from €4 500 million in 2010.
The EU manufacturing peaked in 2016, with €6 240 million, and remained excessive till 2019 (€6,000 million annually between 2017 and 2019), pushed by sustained European public funding in house (each from the EU and the European Area Company). Nonetheless, the outbreak of COVID-19 led to a big decline in manufacturing, which fell to €4,000 million in 2021, the bottom degree since 2010. Due to this fact, the 2022 determine indicators a restoration on this sector.
Supply datasets: ds-056120 and knowledge on the European house financial system (primarily based on FIGARO balanced view of worldwide commerce)
EU exports of spacecraft and their launch automobiles amounted to €512 million in 2022, which represents the bottom level for the reason that begin of the collection. In distinction, the very best export ranges have been recorded in 2012 and 2019, at €1 744 million and €1,738 million respectively.
EU imports peaked between 2015 and 2018, with values starting from €1,865 million to €1,468 million. These excessive figures have been predominantly pushed by imports from exterior the EU to France. Conversely, the bottom worth was recorded in 2019, at €820 million.
Whereas manufacturing was comparatively excessive in 2022, imports and exports continued their reducing traits that began in 2018 and 2019 respectively.
This data comes from new knowledge on the EU house financial system launched by Eurostat, in cooperation with the European Fee’s Joint Analysis Centre (JRC), the Directorate-Normal for Defence Business and Area (DEFIS), and the European Area Company (ESA), as a part of experimental statistics.
For extra data
Experimental statistics on the European house financial system thematic account
Thematic part on European system of accounts provide, use and input-output tables
Methodological notes
Manufacturing, as outlined in PRODCOM, refers to ‘any manufacturing which, both within the kind-of-activity unit itself, or in one other kind-of-activity unit belonging to the identical enterprise are meant on the market, or are processed into one other product, or are fitted into one other product and or are put into inventory’.
Import and export figures are primarily based on the balanced view of worldwide commerce of Full worldwide and international accounts for analysis in input-output evaluation (FIGARO). Variations might exist with nationwide import and/or export knowledge provided that the FIGARO balanced view of commerce goals to resolve asymmetries between bilateral commerce flows.
