Market data

Size an industry by country

markets_size · Reads only · Markdown

An industry's turnover, value added, enterprises and persons employed by country and year from Eurostat, and the US's from the 2022 Economic Census.

$0.02 a call

From your agent’s balance. A call that fails costs nothing.

An example

How big is the market for food and kitchen machinery in Germany and the EU, and how many companies make it?

Your agent callsmarkets_size$0.02 a call

The example business is Hansen & Voss, a restaurant-equipment wholesaler in Hamburg with 60 staff. The reply is the one the tool really gives.

With these arguments
{
  "industry": "28.93",
  "countries": [
    "DE",
    "EU27_2020"
  ],
  "years": 3,
  "naics": "333310"
}
What comes back
{
  "industry": {
    "scheme": "NACE Rev. 2",
    "code": "28.93",
    "label": "Manufacture of machinery for food, beverage and tobacco processing"
  },
  "countries": [
    {
      "country": "DE",
      "name": "Germany",
      "years": [
        {
          "year": 2022,
          "turnover_million_eur": 7893.41,
          "value_added_million_eur": 2801.71,
          "enterprises": 489,
          "persons_employed": 32597
        },
        {
          "year": 2023,
          "turnover_million_eur": 8119.77,
          "value_added_million_eur": 2967.42,
          "enterprises": 476,
          "persons_employed": 32570
        }
      ]
    },
    {
      "country": "EU27_2020",
      "name": "European Union (27 countries)",
      "years": [
        {
          "year": 2022,
          "turnover_million_eur": 29963.88,
          "value_added_million_eur": 9900,
          "enterprises": 4920,
          "persons_employed": 129000,
          "flags": {
            "enterprises": "estimated",
            "persons_employed": "estimated",
            "value_added_million_eur": "estimated"
          }
        },
        {
          "year": 2023,
          "turnover_million_eur": 30930.6,
          "value_added_million_eur": 10468.78,
          "enterprises": 4900,
          "persons_employed": 130000,
          "flags": {
            "enterprises": "estimated",
            "persons_employed": "estimated"
          }
        }
      ]
    }
  ],
  "us": {
    "naics": "333310",
    "survey": "2022 Economic Census",
    "year": 2022,
    "label": "Commercial and service industry machinery manufacturing",
    "firms": 1630,
    "establishments": 1780,
    "employees": 82115,
    "payroll_million_usd": 6315.515,
    "sales_million_usd": 32058.682,
    "value_added_million_usd": 17165.298
  },
  "units": {
    "turnover_million_eur": "net turnover, millions of euros",
    "value_added_million_eur": "value added at factor cost, millions of euros",
    "enterprises": "number of enterprises",
    "persons_employed": "number of persons employed: employees plus working owners and unpaid family workers",
    "firms": "number of firms",
    "establishments": "number of establishments",
    "employees": "number of paid employees in the pay period including March 12",
    "payroll_million_usd": "annual payroll, millions of US dollars",
    "sales_million_usd": "sales, value of shipments or revenue, millions of US dollars",
    "value_added_million_usd": "value added, millions of US dollars (manufacturing only)"
  },
  "sources": [
    {
      "name": "Eurostat, structural business statistics: enterprises by detailed NACE Rev. 2 activity",
      "dataset": "sbs_ovw_act",
      "url": "https://ec.europa.eu/eurostat/databrowser/view/sbs_ovw_act/default/table?lang=en",
      "license": "Reuse allowed, commercial too, with Eurostat named as the source",
      "license_url": "https://ec.europa.eu/eurostat/help/copyright-notice"
    },
    {
      "name": "US Census Bureau, 2022 Economic Census: summary statistics for the US",
      "dataset": "2022/ecnbasic",
      "url": "https://api.census.gov/data/2022/ecnbasic.html",
      "license": "Public domain (US government work)",
      "license_url": "https://www.census.gov/data/developers/about/terms-of-service.html",
      "notice": "This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau."
    }
  ],
  "notes": [
    "Eurostat's series start in 2021, under the European business statistics rules; earlier years were collected differently and aren't comparable."
  ]
}

Use it when

To size a market before an acquisition, a launch or a valuation.

What it does

An industry's size by country and year from official statistics: net turnover, value added, enterprises and persons employed from Eurostat's structural business statistics (the EU, its member states and EEA countries, from 2021), and with naics the US's firms, establishments, employees, payroll and sales from the 2022 Economic Census. Each figure as published, with Eurostat's flags (estimated, confidential: never filled in), the units, sources and licenses. The UK publishes no such figures in a form that can be queried, and the reply says so. Nothing is charged when no figures come back.

What comes back

industry (scheme, code, label); countries (country, name, years: year, turnover_million_eur, value_added_million_eur, enterprises, persons_employed and flags such as estimated or confidential; a note when there are no figures, as for the UK); us with naics (naics, label, year, firms, establishments, employees, payroll_million_usd, sales_million_usd, value_added_million_usd, or a note); units; sources (name, dataset, url, license, license_url, and the Census's notice) and notes. Every reply also carries cost_usd and balance_usd.

Inputs

NameTypeWhat it is
industryRequiredstringA NACE Rev. 2 code: a section (C), division (28), group (28.9) or class (28.93). companies_get shows a company's. 1 to 12 characters.
countriesarray of stringsTwo-letter codes (DE, FR, NO...) and EU27_2020 for the whole EU; GB says what the UK publishes. EU27_2020 when left out. Up to 12 items.
yearsintegerHow many recent years. 1 to 10. Default: 5.
naicsstringA NAICS 2022 code for the US figures, e.g. 333310. Matches ^(\d{2,6}|31-33|44-45|48-49)$.

The call

Over MCP, call markets_size on https://api.conecto.chat/mcp/markets. Over REST:

Terminal
curl -X POST https://api.conecto.chat/v1/tools/markets_size \
  -H "Authorization: Bearer $CONECTO_KEY" \
  -H "Content-Type: application/json" \
  -d '{"industry":"28.93","countries":["DE","EU27_2020"],"years":3,"naics":"333310"}'

When it refuses

A refused call costs nothing and says what to do next.

CodeWhenWhat to do
invalid_input400The industry isn't a NACE Rev. 2 code, or neither countries nor naics were given.Send a code like 28.93 (companies_get shows a company's) and at least one country.
unavailable503Eurostat, or the only other office asked, didn't answer.Try again in a minute.

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