Eastern Europe: Market for Non-Numerically Controlled Drilling Machines For Working Metal 2025

Market Size for Non-Numerically Controlled Drilling Machines For Working Metal in Eastern Europe

The East European non-numerically controlled drilling machine market was estimated at $X in 2021, increasing by 11% against the previous year. Over the period under review, consumption continues to indicate strong growth. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Production of Non-Numerically Controlled Drilling Machines For Working Metal in Eastern Europe

In value terms, non-numerically controlled drilling machine production surged to $X in 2021 estimated in export price. Overall, production recorded a measured expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by 55% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Exports of Non-Numerically Controlled Drilling Machines For Working Metal

Exports in Eastern Europe

Non-numerically controlled drilling machine exports expanded notably to X tons in 2021, with an increase of 14% compared with 2020 figures. In general, exports, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of 25% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, non-numerically controlled drilling machine exports soared to $X in 2021. Over the period under review, exports, however, showed a noticeable decline. The pace of growth appeared the most rapid in 2017 when exports increased by 45%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons), Romania (X tons), Poland (X tons), Belarus (X tons) and Russia (X tons) represented roughly 83% of total exports in 2021. Hungary (X tons), Lithuania (X tons) and Ukraine (X tons) took a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +12.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest non-numerically controlled drilling machine supplying countries in Eastern Europe were the Czech Republic ($X), Poland ($X) and Belarus ($X), together comprising 65% of total exports. Russia, Lithuania, Romania, Hungary and Ukraine lagged somewhat behind, together comprising a further 33%.

Hungary, with a CAGR of +25.0%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, growing by 4.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.8%. The pace of growth appeared the most rapid in 2013 an increase of 40% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Lithuania ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+19.2%), while the other leaders experienced more modest paces of growth.

Imports of Non-Numerically Controlled Drilling Machines For Working Metal

Imports in Eastern Europe

In 2021, supplies from abroad of non-numerically controlled drilling machines for working metal decreased by -9% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 62%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, non-numerically controlled drilling machine imports dropped to $X in 2021. Total imports indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -17.5% against 2019 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 86% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Russia (X tons) and Poland (X tons) represented roughly 60% of total imports in 2021. The Czech Republic (X tons) took a 9% share (based on physical terms) of total imports, which put it in second place, followed by Hungary (8.1%), Ukraine (5.5%) and Belarus (4.9%). Romania (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +20.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2021, together accounting for 66% of total imports.

Poland, with a CAGR of +17.1%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, waning by -5.2% against the previous year. Over the period under review, the import price, however, showed a modest expansion. The most prominent rate of growth was recorded in 2020 an increase of 38% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Romania ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+5.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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