EU: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in the EU

For the fifth year in a row, the EU market for in-hand motor grinders, sanders and planers recorded growth in sales value, which increased by 35% to $X in 2021. The total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +66.3% against 2015 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of In-Hand Motor Grinders, Sanders And Planers in the EU

In value terms, production of in-hand motor grinders, sanders and planers rose slightly to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 6.2%. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth remained at a lower figure.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports in the EU

In 2021, shipments abroad of in-hand motor grinders, sanders and planers increased by 29% to X units, rising for the second consecutive year after two years of decline. In general, exports saw a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 32% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, exports of in-hand motor grinders, sanders and planers skyrocketed to $X in 2021. Total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +109.1% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany was the largest exporter of in-hand motor grinders, sanders and planers in the European Union, with the volume of exports finishing at X units, which was approx. 33% of total exports in 2021. The Netherlands (X units) took the second position in the ranking, followed by Belgium (X units), Hungary (X units), Romania (X units) and Austria (X units). All these countries together took approx. 46% share of total exports. Spain (X units), Poland (X units), France (X units), the Czech Republic (X units) and Sweden (X units) took a minor share of total exports.

Exports from Germany increased at an average annual rate of +8.5% from 2012 to 2021. At the same time, Spain (+22.7%), the Netherlands (+17.2%), Austria (+15.7%), Poland (+15.4%), Romania (+13.3%), Belgium (+8.2%), Sweden (+8.1%), France (+7.0%), Hungary (+5.1%) and the Czech Republic (+1.7%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +22.7% from 2012-2021. While the share of the Netherlands (+5.3 p.p.), Austria (+3.1 p.p.), Spain (+2.7 p.p.), Romania (+2.2 p.p.) and Poland (+1.5 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Germany (-3.1 p.p.), the Czech Republic (-3.2 p.p.) and Hungary (-3.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest electromechanical tools for working in the hand, with self-contained electric motor supplier in the European Union, comprising 36% of total exports. The second position in the ranking was taken by Belgium ($X), with a 9.6% share of total exports. It was followed by Austria, with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany amounted to +5.4%. In the other countries, the average annual rates were as follows: Belgium (+5.0% per year) and Austria (+12.1% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, surging by 6.2% against the previous year. Over the period under review, the export price, however, continues to indicate a slight setback. The pace of growth appeared the most rapid in 2018 when the export price increased by 7.7%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Sweden ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+3.9%), while the other leaders experienced more modest paces of growth.

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports in the EU

For the tenth year in a row, the European Union recorded growth in supplies from abroad of in-hand motor grinders, sanders and planers, which increased by 43% to X units in 2021. Over the period under review, imports continue to indicate strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of in-hand motor grinders, sanders and planers surged to $X in 2021. Overall, imports continue to indicate a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units) and the Netherlands (X units) were the largest importers of in-hand motor grinders, sanders and planers in the European Union, together creating 41% of total imports. France (X units) held an 11% share (based on physical terms) of total imports, which put it in second place, followed by Belgium (7.3%), Poland (7%), Spain (6.6%) and Austria (5.3%). The following importers - Italy (X units), the Czech Republic (X units), Sweden (X units) and Hungary (X units) - together made up 12% of total imports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +21.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Belgium ($X) constituted the countries with the highest levels of imports in 2021, with a combined 48% share of total imports. The Netherlands, Poland, Austria, Italy, Spain, Sweden, the Czech Republic and Hungary lagged somewhat behind, together comprising a further 40%.

In terms of the main importing countries, Hungary, with a CAGR of +21.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per unit, approximately mirroring the previous year. In general, the import price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2017 when the import price increased by 6.9% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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