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

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

The East European numerically controlled drilling machine market skyrocketed to $X in 2021, jumping by 23% against the previous year. Over the period under review, consumption enjoyed pronounced growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

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

In value terms, numerically controlled drilling machine production dropped modestly to $X in 2021 estimated in export price. Over the period under review, production, however, posted a remarkable increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 119%. Over the period under review, production hit record highs at $X in 2020, and then fell modestly in the following year.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports in Eastern Europe

In 2021, the amount of numerically controlled drilling machines for working metal exported in Eastern Europe dropped dramatically to X tons, with a decrease of -20.3% on the previous year's figure. Overall, exports, however, continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2014 with an increase of 130%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, numerically controlled drilling machine exports totaled $X in 2021. In general, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 77% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Poland (X tons) was the key exporter of numerically controlled drilling machines for working metal, achieving 68% of total exports. It was distantly followed by Latvia (X tons) and Hungary (X tons), together generating an 18% share of total exports. The following exporters - the Czech Republic (X tons), Lithuania (X tons), Bulgaria (X tons) and Romania (X tons) - together made up 11% of total exports.

Exports from Poland increased at an average annual rate of +34.1% from 2012 to 2021. At the same time, Latvia (+46.2%), Hungary (+44.8%) and Bulgaria (+4.6%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +46.2% from 2012-2021. By contrast, the Czech Republic (-11.8%), Lithuania (-18.2%) and Romania (-20.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Poland, Latvia and Hungary increased by +62, +11 and +6.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest numerically controlled drilling machine supplier in Eastern Europe, comprising 63% of total exports. The second position in the ranking was taken by Hungary ($X), with an 11% share of total exports. It was followed by Latvia, with a 10% share.

In Poland, numerically controlled drilling machine exports expanded at an average annual rate of +44.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Hungary (+55.1% per year) and Latvia (+31.2% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, with an increase of 27% against the previous year. Export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, numerically controlled drilling machine export price increased by +92.1% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of 65%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+17.3%), while the other leaders experienced more modest paces of growth.

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports in Eastern Europe

In 2021, the amount of numerically controlled drilling machines for working metal imported in Eastern Europe skyrocketed to X tons, growing by 36% against 2020 figures. Over the period under review, imports, however, recorded a perceptible reduction. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, numerically controlled drilling machine imports skyrocketed to $X in 2021. Overall, imports, however, saw a slight setback. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Russia represented the main importing country with an import of around X tons, which recorded 48% of total imports. It was distantly followed by Poland (X tons), Hungary (X tons), Bulgaria (X tons) and Romania (X tons), together generating a 39% share of total imports. The Czech Republic (X tons) and Lithuania (X tons) took a minor share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of numerically controlled drilling machines for working metal. At the same time, Bulgaria (+6.9%), Lithuania (+6.4%) and Hungary (+4.5%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +6.9% from 2012-2021. The Czech Republic experienced a relatively flat trend pattern. By contrast, Poland (-6.2%) and Romania (-10.8%) illustrated a downward trend over the same period. Russia (+8.9 p.p.), Hungary (+3.9 p.p.), Bulgaria (+3.9 p.p.) and Lithuania (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Romania and Poland saw its share reduced by -7.9% and -8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported numerically controlled drilling machines for working metal in Eastern Europe, comprising 45% of total imports. The second position in the ranking was taken by Hungary ($X), with a 20% share of total imports. It was followed by Poland, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia totaled -1.2%. In the other countries, the average annual rates were as follows: Hungary (+17.8% per year) and Poland (-8.2% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, surging by 28% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Hungary ($X per ton), while Bulgaria ($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 (+12.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :