Report Update: Nov 1, 2024

World - Honing Or Lapping Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights

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Metal honing machine market

Metal honing machine market: get recently published statistics featured by an Ai-driven market intelligence platform. Information include imports, production, consumption, trade, market prices, market size, exports, and companies. There is a split by country, including Russia, the U.S., EU, Africa, China, Latin America, the U.K., and the Middle East. Market trends and forecast to 2030 are also provided in the snapshots.

Metal Honing Machine - World's Largest Markets

Rating	Country
1	Germany
2	Japan
3	China
4	United States
5	Taiwan (Chinese)

In value terms, Germany led the market, alone. The second position in the ranking was occupied by Japan. It was followed by China.

In Germany, the metal honing machine market increased at an average annual rate of +20.1% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Japan (-4.4% per year) and China (-0.4% per year).

Metal Honing Machine Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
United Kingdom	1087	523	556	-28.5%
United States	1819	2199	1446	-10.8%
Taiwan (Chinese)	3944	3039	2135	-26.4%
China	4399	3462	3347	-12.8%
Japan	9159	9225	5027	-25.9%
Italy	2611	4351	6092	52.8%
Germany	13465	11630	11753	-6.6%
Average	4380	4937	3371	-12.3%

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($11,753 per unit), while the UK ($556 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Italy (+52.8% per year), while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Philippines	6548	12710	11574	33.0%
China	7145	8046	7732	4.0%
Thailand	6540	6059	6483	-0.4%
Slovakia	1712	1682	1629	-2.5%
Australia	1546	4303	1276	-9.1%
Hungary	2289	1534	1067	-31.7%
Netherlands	1830	1190	516	-46.9%
Dominican Republic	3199	8234	266	-71.1%
Qatar	88575	63366	65	-97.3%
Paraguay	32	23	20	-21.0%
Ghana	15	12	10	-17.1%
Average	7595	7233	6293	-9.0%

Prices varied noticeably by the country of destination; the country with the highest price was the Philippines ($11,574 per unit), while Ghana ($10 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Philippines, while the other global leaders experienced mixed trends in the import price figures.

Metal Honing Machine - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
China	177	133	113	-19.9%
Thailand	16	22	24	24.5%
Philippines	2.7	3.9	9.6	88.3%
Slovakia	4.9	3.8	2.6	-27.1%
Netherlands	2.2	3.3	2.6	8.7%

In value terms, China ($113M) constitutes the largest market for imported honing or lapping machines for working metal worldwide, comprising 34% of global imports. The second position in the ranking was occupied by Thailand ($24M), with a 7.3% share of global imports. It was followed by the Philippines, with a 2.9% share.

From 2018 to 2020, the average annual growth rate of value in China totaled -19.9%. In the other countries, the average annual rates were as follows: Thailand (+24.5% per year) and the Philippines (+88.3% per year).

Metal Honing Machine - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
Germany	126	110	78	-21.5%
Japan	74	93	71	-2.1%
Italy	38	48	36	-3.2%
United States	66	32	36	-26.7%
China	19	29	24	12.5%

In value terms, the largest metal honing machine supplying countries worldwide were Germany ($78M), Japan ($71M) and Italy ($36M), with a combined 58% share of global exports. The United States, China, Taiwan (Chinese) and the UK lagged somewhat behind, together accounting for a further 27%.

In terms of the main exporting countries, China recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Metal Honing Machine - Market Forecast

Driven by increasing demand for metal honing machine worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Metal Honing Machine - Product Coverage

HS 846040 - Machine-tools; for honing or lapping

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global metal honing machine market. 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 28412385 - Honing or lapping machines for working metal

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023