EU: Diamonded Drilling Tools Market 2020

Diamonded Drilling Tools Market Size in the EU

The revenue of the diamonded drilling tools market in the European Union amounted to $X in 2017, picking up by X% against the previous year. The diamonded drilling tools consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when it surged by X% year-to-year. The level of diamonded drilling tools consumption peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Diamonded Drilling Tools Production in the EU

The diamonded drilling tools production amounted to X units in 2017, approximately mirroring the previous year. The diamonded drilling tools production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009, when the output figure increased by X% y-o-y. In that year, the diamonded drilling tools production attained their peak volume of X units. From 2010 to 2017, growth of the diamonded drilling tools production stood at a somewhat lower level.

Diamonded Drilling Tools Exports in the EU

In 2017, approx. X units of drilling tools with working part of diamond were exported in the European Union; rising by X% against the previous year. The diamonded drilling tools exports continue to indicate a slight decline. The pace of growth appeared the most rapid in 2010, when exports increased by X% year-to-year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, diamonded drilling tools exports stood at $X in 2017. The diamonded drilling tools exports continue to indicate a relatively flat trend pattern. Over the period under review, the diamonded drilling tools exports attained its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Diamonded Drilling Tools Exports by Country in the EU

Germany represented the largest exporter of drilling tools with working part of diamond in the European Union, with the volume of exports resulting at X units, which was near X% of total exports in 2017. The Netherlands (X units) took a X% share (based on tons) of total exports, which put it in second place, followed by Austria (X%), Italy (X%) and the Czech Republic (X%). The following exporters - France (X units), Slovenia (X units), Poland (X units), Belgium (X units), the UK (X units), Spain (X units) and Hungary (X units) together made up X% of total exports.

Exports from Germany increased at an average annual rate of +X% from 2007 to 2017. At the same time, Poland (+X%), Hungary (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. Spain and Austria experienced a relatively flat trend pattern. By contrast, France (-X%), Italy (-X%), the Netherlands (-X%), Slovenia (-X%), Belgium (-X%) and the UK (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the Netherlands, the UK, Slovenia, Belgium and Italy increased by X%, X%, X%, X% and X% percentage points, while Poland (-X%) and Germany (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest diamonded drilling tools supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global exports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Germany stood at +X%. In the other countries, the average annual rates were as follows: the Netherlands (-X% per year) and France (-X% per year).

Diamonded Drilling Tools Export Prices by Country in the EU

In 2017, the diamonded drilling tools export price in the European Union amounted to $X per unit, picking up by X% against the previous year. The diamonded drilling tools export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% against the previous year. The level of export price peaked of $X per unit in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was France ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Poland (+X% per year), while the other leaders experienced more modest paces of growth.

Diamonded Drilling Tools Imports in the EU

In 2017, imports of drilling tools with working part of diamond in the European Union totaled X units, coming up by X% against the previous year. The diamonded drilling tools imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. The volume of imports peaked of X units in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, diamonded drilling tools imports totaled $X in 2017. The diamonded drilling tools imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Diamonded Drilling Tools Imports by Country in the EU

In 2017, Germany (X units), distantly followed by the Netherlands (X units), the UK (X units), France (X units), Belgium (X units), Italy (X units) and Poland (X units) represented the key importers of drilling tools with working part of diamond, together committing X% of total imports. The following importers - the Czech Republic (X units), Spain (X units), Austria (X units), Slovenia (X units) and Denmark (X units) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to diamonded drilling tools imports into Germany stood at +X%. At the same time, the Netherlands (+X%), the Czech Republic (+X%), France (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest growing importer in the European Union, with a CAGR of +X% from 2007-2017. Poland experienced a relatively flat trend pattern. By contrast, the UK (-X%), Austria (-X%), Spain (-X%), Italy (-X%), Denmark (-X%) and Slovenia (-X%) illustrated a downward trend over the same period. Slovenia (X%) and Italy (X%) significantly strengthened its position in terms of the global imports, while France, Germany and the Netherlands saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported drilling tools with working part of diamond in the European Union, making up X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Germany totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: France (+X% per year) and the UK (-X% per year).

Diamonded Drilling Tools Import Prices by Country in the EU

In 2017, the diamonded drilling tools import price in the European Union amounted to $X per unit, going up by X% against the previous year. The diamonded drilling tools import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% year-to-year. Over the period under review, the import prices for drilling tools with working part of diamond reached its maximum level in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Austria ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Germany (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform