Europe: Market for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2025

Market Size for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Europe

For the fifth year in a row, the Europe market for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips recorded growth in sales value, which increased by 3.2% to $X in 2021. The total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +72.8% against 2016 indices. The level of consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Production of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Europe

In value terms, production of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by 44% against the previous year. As a result, production reached the peak level of $X, and then dropped in the following year.

Exports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports in Europe

Exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips soared to X tons in 2021, jumping by 47% compared with the year before. Total exports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +96.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips soared to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 27% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands represented the major exporting country with an export of about X tons, which recorded 55% of total exports. Germany (X tons) ranks second in terms of the total exports with a 16% share, followed by Sweden (6.8%) and Austria (5.3%). The following exporters - Belgium (X tons), Italy (X tons) and the Czech Republic (X tons) - together made up 8.7% of total exports.

The Netherlands was also the fastest-growing in terms of the unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips exports, with a CAGR of +23.3% from 2012 to 2021. Germany (-1.2%), Sweden (-1.3%), Belgium (-4.1%), Italy (-4.8%), Austria (-5.5%) and the Czech Republic (-6.1%) illustrated a downward trend over the same period. The Netherlands (+44 p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic, Belgium, Sweden, Italy, Austria and Germany saw its share reduced by -2.5%, -3.7%, -3.8%, -4%, -7% and -8.7% from 2012 to 2021, respectively.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of exports in 2021, together accounting for 72% of total exports.

The Netherlands, with a CAGR of +2.2%, saw the highest rates of growth with regard to the value of exports, among 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

The export price in Europe stood at $X per ton in 2021, declining by -14.4% against the previous year. In general, the export price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2019 an increase of 7.8%. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while Italy ($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 (+6.6%), while the other leaders experienced more modest paces of growth.

Imports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports in Europe

In 2021, the amount of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips imported in Europe soared to X tons, rising by 55% compared with the previous year. Total imports indicated a temperate expansion from 2012 to 2021: its volume 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, imports increased by +80.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips skyrocketed to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports of reached the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands represented the major importing country with an import of about X tons, which amounted to 37% of total imports. Germany (X tons) held the second position in the ranking, followed by Austria (X tons), Italy (X tons), Russia (X tons) and Belgium (X tons). All these countries together held near 35% share of total imports. France (X tons), Luxembourg (X tons), the UK (X tons), Poland (X tons), Romania (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to unmounted tool inserts, sticks or plates imports into the Netherlands stood at +13.9%. At the same time, Luxembourg (+16.6%), Austria (+15.7%), Russia (+8.2%), Romania (+6.0%), France (+5.2%) and Italy (+1.4%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Europe, with a CAGR of +16.6% from 2012-2021. Poland experienced a relatively flat trend pattern. By contrast, Germany (-2.6%), Belgium (-4.3%), Spain (-4.5%) and the UK (-6.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands, Austria, Luxembourg and Russia increased by +21, +4.4, +2.4 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), Germany ($X) and Belgium ($X) were the countries with the highest levels of imports in 2021, together accounting for 53% of total imports. These countries were followed by Italy, Austria, France, Russia, Poland, the UK, Spain, Romania and Luxembourg, which together accounted for a further 33%.

Austria, with a CAGR of +10.3%, recorded the highest growth rate of the value of imports, among the main importing countries 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 Europe amounted to $X per ton, declining by -17.9% against the previous year. Overall, the import price showed a perceptible decline. The growth pace was the most rapid in 2016 when the import price increased by 13%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+6.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform