EU: Vertical Machining Centre Market 2020

Vertical Machining Centre Market Size in the EU

The revenue of the vertical machining centre market in the European Union amounted to $X in 2017, going up by X% against the previous year. The vertical machining centre consumption continues to indicate a significant downturn. The pace of growth was the most pronounced in 2008, when market value increased by X% y-o-y. Over the period under review, the vertical machining centre market attained its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Vertical Machining Centre Production in the EU

In 2017, the amount of vertical machining centres for working metal produced in the European Union stood at X units, remaining stable against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2013, when it surged by X% against the previous year. Over the period under review, the vertical machining centre production attained its peak figure volume of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Vertical Machining Centre Exports in the EU

In 2017, approx. X units of vertical machining centres for working metal were exported in the European Union; growing by X% against the previous year. The vertical machining centre exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. Over the period under review, the vertical machining centre exports reached its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, vertical machining centre exports totaled $X in 2017. The total exports indicated a pronounced growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the vertical machining centre exports attained its maximum level in 2017, and are expected to retain its growth in the immediate term.

Vertical Machining Centre Exports by Country in the EU

Germany dominates vertical machining centre exports structure, amounting to X units, which was approx. X% of total exports in 2017. Italy (X units) took the second position in the ranking, followed by the UK (X units) and Belgium (X units). All these countries together occupied approx. X% share of total exports. The following exporters - the Czech Republic (X units), the Netherlands (X units) and Spain (X units) each recorded a X% share of total exports.

Exports from Germany increased at an average annual rate of +X% from 2007 to 2017. At the same time, Belgium (+X%), the Netherlands (+X%), Italy (+X%), Spain (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. By contrast, the UK (-X%) illustrated a downward trend over the same period. While the share of the UK (X%) increased significantly in terms of the global exports from 2007-2017, the share of Italy (-X%), Belgium (-X%) and Germany (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest vertical machining centre supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

In Germany, vertical machining centre exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Belgium (+X% per year) and Italy (+X% per year).

Vertical Machining Centre Export Prices by Country in the EU

In 2017, the vertical machining centre export price in the European Union amounted to $X thousand per unit, waning by -X% against the previous year. The vertical machining centre export price continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous year. In that year, the export prices for vertical machining centres for working metal reached their peak level of $X thousand per unit. From 2011 to 2017, growth of the export prices for vertical machining centres for working metal failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the Netherlands ($X thousand per unit), while the UK ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the Netherlands (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Vertical Machining Centre Imports in the EU

In 2017, approx. X units of vertical machining centres for working metal were imported in the European Union; going up by X% against the previous year. The vertical machining centre imports continue to indicate a modest increase. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, vertical machining centre imports amounted to $X in 2017. The vertical machining centre imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Vertical Machining Centre Imports by Country in the EU

Italy (X units), Germany (X units) and Belgium (X units) represented roughly X% of total imports of vertical machining centres for working metal in 2017. The UK (X units) ranks second in terms of the global imports with a X% share, followed by France (X%) and Austria (X%). Spain (X units), the Netherlands (X units), Poland (X units), Portugal (X units), the Czech Republic (X units) and Slovenia (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Portugal (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest vertical machining centre markets worldwide were Germany ($X), Belgium ($X) and Italy ($X), with a combined X% share of total imports. France, the UK, Austria, Spain, the Netherlands, Poland, the Czech Republic, Slovenia and Portugal lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries , Portugal (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Vertical Machining Centre Import Prices by Country in the EU

The vertical machining centre import price in the European Union stood at $X thousand per unit in 2017, reducing by -X% against the previous year. The vertical machining centre import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. In that year, the import prices for vertical machining centres for working metal reached their peak level of $X thousand per unit. From 2009 to 2017, growth of the import prices for vertical machining centres for working metal failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Czech Republic ($X thousand per unit), while Portugal ($X thousand per unit) was amongst the lowest.

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

Source: IndexBox Platform