Report Update: Nov 1, 2024

World - Grinding, Sanding Or Polishing Machines - Market Analysis, Forecast, Size, Trends And Insights

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Wood polishing machine market

Wood polishing machine market: enjoy new datasets provided by an Ai-driven BI platform. Datasets provide production, exports, market size, consumption, imports, market prices, trade, and companies. Here is a breakdown by region, including the Middle East, Latin America, the U.S., Russia, Africa, China, the U.K., and EU. Market trends and outlook to 2030 are also featured in the snapshots.

Wood Polishing Machine - World's Largest Markets

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

In value terms, Germany led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Taiwan (Chinese).

In Germany, the grinding, sanding and polishing machine market remained relatively stable over the period from 2019-2021. The remaining consuming countries recorded the following average annual rates of market growth: the United States (-17.0% per year) and Taiwan (Chinese) (+1.1% per year).

Grinding, Sanding and Polishing Machine Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per unit			CAGR, 2019-2021
Portugal	852	919	12	-88.0%
Belgium	110	93	76	-16.5%
Netherlands	426	95	126	-45.5%
China	173	185	181	2.4%
Austria	690	447	310	-33.0%
Taiwan (Chinese)	457	441	449	-0.9%
Germany	912	595	1161	12.9%
Average	422	373	376	-5.5%

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($1,161 per unit), while Portugal ($12 per unit) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced mixed trends in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per unit			CAGR, 2019-2021
China	916	1006	785	-7.4%
Canada	471	1272	617	14.4%
India	2629	1798	615	-51.7%
United States	345	307	614	33.4%
Vietnam	726	693	540	-13.7%
France	699	471	243	-41.0%
Indonesia	323	304	237	-14.3%
Austria	407	210	207	-28.6%
Poland	656	429	203	-44.4%
Germany	390	270	149	-38.1%
Spain	278	192	105	-38.5%
Netherlands	390	234	79	-55.1%
Belgium	385	229	73	-56.4%
Average	518	460	378	-14.5%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was China ($785 per unit), while Belgium ($73 per unit) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced mixed trends in the import price figures.

Grinding, Sanding and Polishing Machine - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	million USD			CAGR, 2019-2021
United States	133	112	138	1.9%
Vietnam	39	35	37	-2.7%
China	35	31	33	-3.1%
Germany	25	20	25	0.0%
Canada	16	16	20	12.3%

In value terms, the United States ($138M) constitutes the largest market for imported grinding, sanding and polishing machines worldwide, comprising 28% of global imports. The second position in the ranking was occupied by Vietnam ($37M), with a 7.6% share of global imports. It was followed by China, with a 6.7% share.

From 2019 to 2021, the average annual growth rate of value in the United States stood at +1.9%. In the other countries, the average annual rates were as follows: Vietnam (-2.7% per year) and China (-3.1% per year).

Grinding, Sanding and Polishing Machine - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	million USD			CAGR, 2019-2021
China	115	98	129	5.9%
Germany	114	98	121	3.0%
Taiwan (Chinese)	58	52	55	-2.5%
Austria	9.1	14	15	30.0%
Netherlands	3.5	6.3	7.1	42.6%

In value terms, China ($129M), Germany ($121M) and Taiwan (Chinese) ($55M) constituted the countries with the highest levels of exports in 2021, together accounting for 62% of global exports. These countries were followed by Austria, the Netherlands, Belgium and Portugal, which together accounted for a further 5.3%.

Belgium (+86.0% per year) recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Grinding, Sanding and Polishing Machine - Market Forecast

The market for grinding, sanding and polishing machine is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -4.7% for the nine-year period from 2021 to 2030, which is projected to depress the market volume to by the end of 2030.

Wood Polishing Machine - Product Coverage

HS 846593 - Machine-tools; grinding, sanding or polishing machines, for working wood, cork, bone, hard rubber, hard plastics or similar hard materials

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for grinding, sanding and polishing machine. 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 28491263 - Grinding, sanding or polishing machines for working wood, c ork, bone, hard rubber, hard plastics or similar hard materials

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