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

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

For the fourth consecutive year, the EU numerically controlled drilling machine market recorded growth in sales value, which increased by 25% to $X in 2021. In general, consumption recorded buoyant growth. The level of consumption peaked in 2021 and is likely to see gradual growth in years to come.

Production of Numerically Controlled Drilling Machines For Working Metal in the EU

In value terms, numerically controlled drilling machine production declined to $X in 2021 estimated in export price. The total production indicated a resilient expansion from 2012 to 2021: its value 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, production increased by +56.3% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 28%. The level of production peaked at $X in 2020, and then reduced in the following year.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports in the EU

In 2021, numerically controlled drilling machine exports in the European Union declined remarkably to X tons, falling by -33.4% compared with the year before. Overall, exports, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2020 with an increase of 64%. As a result, the exports reached the peak of X tons, and then dropped rapidly in the following year.

In value terms, numerically controlled drilling machine exports reduced to $X in 2021. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 21%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands represented the main exporting country with an export of about X tons, which recorded 64% of total exports. It was distantly followed by Germany (X tons), Spain (X tons) and Italy (X tons), together committing a 25% share of total exports. The following exporters - France (X tons), Poland (X tons) and Portugal (X tons) - together made up 7% of total exports.

Exports from the Netherlands increased at an average annual rate of +25.9% from 2012 to 2021. At the same time, Poland (+34.1%), Portugal (+27.4%), Spain (+4.8%) and France (+3.4%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +34.1% from 2012-2021. By contrast, Germany (-6.5%) and Italy (-16.1%) illustrated a downward trend over the same period. The Netherlands (+53 p.p.) and Poland (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while Germany and Italy saw its share reduced by -17.7% and -34% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Italy ($X) and Spain ($X) were the countries with the highest levels of exports in 2021, together comprising 61% of total exports. These countries were followed by the Netherlands, France, Portugal and Poland, which together accounted for a further 31%.

Poland, with a CAGR of +44.3%, recorded the highest rates of growth with regard to 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 the European Union amounted to $X per ton, surging by 40% against the previous year. In general, the export price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the export price increased by 50%. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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 Portugal (+10.7%), while the other leaders experienced more modest paces of growth.

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports in the EU

In 2021, the amount of numerically controlled drilling machines for working metal imported in the European Union skyrocketed to X tons, with an increase of 302% against the year before. In general, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, numerically controlled drilling machine imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a perceptible slump. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands dominates imports structure, finishing at X tons, which was approx. 80% of total imports in 2021. The following importers - Austria (X tons), France (X tons), Portugal (X tons), Germany (X tons) and Poland (X tons) - together made up 13% of total imports.

The Netherlands was also the fastest-growing in terms of the numerically controlled drilling machines for working metal imports, with a CAGR of +46.7% from 2012 to 2021. At the same time, Austria (+19.7%) and Portugal (+5.7%) displayed positive paces of growth. France experienced a relatively flat trend pattern. By contrast, Poland (-6.2%) and Germany (-9.6%) illustrated a downward trend over the same period. The Netherlands (+71 p.p.) significantly strengthened its position in terms of the total imports, while Portugal, France, Poland and Germany saw its share reduced by -2.2%, -7%, -9.7% and -15.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), Austria ($X) and Poland ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 50% share of total imports. Germany, Portugal and the Netherlands lagged somewhat behind, together accounting for a further 12%.

In terms of the main importing countries, the Netherlands, with a CAGR of +13.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, shrinking by -69.2% against the previous year. Over the period under review, the import price faced a abrupt setback. The pace of growth was the most pronounced in 2015 an increase of 109% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-1.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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