Europe: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Europe

The Europe metal deburring machine market skyrocketed to $X in 2021, increasing by 34% against the previous year. Overall, consumption continues to indicate a resilient expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Metal Deburring Machine Production in Europe

In value terms, metal deburring machine production skyrocketed to $X in 2021 estimated in export price. Overall, production showed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 107%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Metal Deburring Machine Exports

Exports in Europe

In 2021, overseas shipments of machines for deburring or polishing metal decreased by -9.3% to X units for the first time since 2017, thus ending a three-year rising trend. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 58% against the previous year. Over the period under review, the exports attained the maximum at X units in 2020, and then shrank in the following year.

In value terms, metal deburring machine exports surged to $X in 2021. Overall, exports saw a pronounced decline. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the four major exporters of machines for deburring or polishing metal, namely Germany, the UK, the Netherlands and Belgium, represented more than two-thirds of total export. It was distantly followed by Austria (X units) and Spain (X units), together mixing up a 12% share of total exports. France (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belgium (with a CAGR of +27.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest metal deburring machine supplier in Europe, comprising 22% of total exports. The second position in the ranking was held by France ($X), with a 6.6% share of total exports. It was followed by the UK, with a 4.7% share.

From 2012 to 2021, the average annual growth rate of value in Germany totaled -8.2%. In the other countries, the average annual rates were as follows: France (-1.6% per year) and the UK (+7.4% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2021, rising by 39% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable setback. The growth pace was the most rapid in 2017 when the export price increased by 80% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+13.0%), while the other leaders experienced more modest paces of growth.

Metal Deburring Machine Imports

Imports in Europe

In 2021, overseas purchases of machines for deburring or polishing metal decreased by -2.1% to X units, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2019 when imports increased by 182%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, metal deburring machine imports soared to $X in 2021. Over the period under review, imports showed a slight downturn. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The UK (X units) and the Netherlands (X units) represented the largest importers of machines for deburring or polishing metal in 2021, finishing at approx. 28% and 22% of total imports, respectively. Russia (X units) took an 8% share (based on physical terms) of total imports, which put it in second place, followed by Belgium (5.5%). Germany (X units), Austria (X units), Serbia (X units), France (X units), Spain (X units), Poland (X units), Sweden (X units) and Italy (X units) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Serbia (with a CAGR of +50.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported machines for deburring or polishing metal in Europe, comprising 20% of total imports. The second position in the ranking was held by Sweden ($X), with an 8.3% share of total imports. It was followed by Italy, with a 7.3% share.

From 2012 to 2021, the average annual growth rate of value in Germany amounted to -3.1%. The remaining importing countries recorded the following average annual rates of imports growth: Sweden (+8.4% per year) and Italy (+9.1% per year).

Import Prices by Country

The import price in Europe stood at $X per unit in 2021, increasing by 41% against the previous year. Overall, the import price posted a mild expansion. The pace of growth appeared the most rapid in 2020 when the import price increased by 171%. Over the period under review, import prices attained the maximum in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+26.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform