EU: Market for Non-Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Drilling Machines For Working Metal in the EU

The EU non-numerically controlled drilling machine market surged to $X in 2021, rising by 51% against the previous year. Over the period under review, consumption enjoyed a temperate expansion. 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 the EU

In value terms, non-numerically controlled drilling machine production dropped slightly to $X in 2021 estimated in export price. In general, production, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the production volume increased by 48%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Non-Numerically Controlled Drilling Machines For Working Metal

Exports in the EU

In 2021, non-numerically controlled drilling machine exports in the European Union expanded modestly to X tons, surging by 3.5% on 2020 figures. In general, exports, however, continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2013 when exports increased by 104%. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-numerically controlled drilling machine exports reached $X in 2021. Over the period under review, exports, however, continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2018 when exports increased by 16%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Germany (X tons), the Netherlands (X tons) and Italy (X tons), together resulting at 60% of total export. Denmark (X tons) took a 7.2% share (based on physical terms) of total exports, which put it in second place, followed by Austria (7.1%) and Belgium (5.6%). The Czech Republic (X tons) held a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +26.7%), 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 the European Union were Italy ($X), Germany ($X) and Denmark ($X), together comprising 61% of total exports.

Among the main exporting countries, Denmark, with a CAGR of +29.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, increasing by 6.4% against the previous year. In general, the export price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2014 an increase of 206% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.5%), while the other leaders experienced more modest paces of growth.

Imports of Non-Numerically Controlled Drilling Machines For Working Metal

Imports in the EU

Non-numerically controlled drilling machine imports soared to X tons in 2021, with an increase of 19% compared with the previous year's figure. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 49% against the previous year. Over the period under review, imports hit record highs 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 rose rapidly to $X in 2021. Total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -12.4% against 2019 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 32%. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) and Germany (X tons) represented the main importers of non-numerically controlled drilling machines for working metal in the European Union, together amounting to approx. 46% of total imports. France (X tons) took the next position in the ranking, followed by Poland (X tons), Italy (X tons), Austria (X tons) and Belgium (X tons). All these countries together held near 34% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Belgium (with a CAGR of +15.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported non-numerically controlled drilling machines for working metal in the European Union, comprising 21% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 9.6% share of total imports. It was followed by Poland, with a 9% share.

From 2012 to 2021, the average annual growth rate of value in Germany stood at +5.5%. In the other countries, the average annual rates were as follows: the Netherlands (-2.8% per year) and Poland (+17.1% per year).

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, dropping by -5.1% against the previous year. Import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-numerically controlled drilling machine import price increased by +103.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the import price increased by 115% against the previous year. Over the period under review, import prices reached the maximum 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 Poland ($X per ton), while the Netherlands ($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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