Europe: Grinding Machine Market 2024

Grinding Machine Market Size in Europe

The Europe grinding machine market reduced remarkably to $X in 2021, declining by -28.9% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then dropped significantly in the following year.

Grinding Machine Production in Europe

In value terms, grinding machine production shrank remarkably to $X in 2021 estimated in export price. Overall, production, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 90% against the previous year. As a result, production reached the peak level of $X, and then shrank rapidly in the following year.

Grinding Machine Exports

Exports in Europe

In 2021, approx. X units of machines having individual functions, for mixing, kneading, crushing or grinding were exported in Europe; rising by 15% on 2020. The total export volume increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, grinding machine exports soared to $X in 2021. The total export value increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany represented the main exporter of machines having individual functions, for mixing, kneading, crushing or grinding in Europe, with the volume of exports finishing at X units, which was approx. 43% of total exports in 2021. Italy (X units) took a 10% share (based on physical terms) of total exports, which put it in second place, followed by Austria (10%) and Poland (4.5%). France (X units), Belgium (X units), the UK (X units), the Netherlands (X units), Slovenia (X units), Sweden (X units), Denmark (X units) and Finland (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to grinding machine exports from Germany stood at +2.7%. At the same time, Slovenia (+32.5%), Poland (+11.8%), Belgium (+7.1%), Austria (+6.2%), the Netherlands (+4.2%), Finland (+3.9%), Sweden (+2.6%), Italy (+2.4%) and the UK (+2.1%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing exporter exported in Europe, with a CAGR of +32.5% from 2012-2021. France experienced a relatively flat trend pattern. By contrast, Denmark (-5.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Slovenia, Poland and Austria increased by +2.4, +2.2 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest grinding machine supplier in Europe, comprising 41% of total exports. The second position in the ranking was taken by Italy ($X), with an 11% share of total exports. It was followed by France, with a 6.4% share.

From 2012 to 2021, the average annual growth rate of value in Germany stood at +2.8%. In the other countries, the average annual rates were as follows: Italy (+5.4% per year) and France (+8.3% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2021, with an increase of 4.2% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 11% against the previous year. Over the period under review, the export prices hit record highs at $X per unit 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 Sweden ($X per unit), while Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+7.7%), while the other leaders experienced more modest paces of growth.

Grinding Machine Imports

Imports in Europe

Grinding machine imports skyrocketed to X units in 2021, with an increase of 23% compared with the previous year. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.3% 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 increased by +73.5% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, grinding machine imports soared to $X in 2021. The total import value increased at an average annual rate of +4.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units), distantly followed by the UK (X units), France (X units), Italy (X units), Poland (X units), Spain (X units), Belgium (X units) and Austria (X units) were the key importers of machines having individual functions, for mixing, kneading, crushing or grinding, together generating 67% of total imports. Sweden (X units), the Netherlands (X units), Romania (X units), Portugal (X units) and Russia (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +13.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest grinding machine importing markets in Europe were Germany ($X), Russia ($X) and France ($X), with a combined 36% share of total imports. The UK, Italy, the Netherlands, Sweden, Belgium, Poland, Spain, Austria, Portugal and Romania lagged somewhat behind, together comprising a further 41%.

Among the main importing countries, the Netherlands, with a CAGR of +10.8%, saw the highest growth rate of the value of imports, 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 unit, remaining constant against the previous year. In general, the import price, however, showed a mild decline. The most prominent rate of growth was recorded in 2017 an increase of 22%. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+3.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform