France: Rock Cutter Market 2024

Rock Cutter Market Size in France

In 2022, the French rock cutter market decreased by -42.7% to $X, falling for the second consecutive year after six years of growth. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Rock Cutter Production in France

In value terms, rock cutter production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable decrease. The most prominent rate of growth was recorded in 2020 when the production volume increased by 33%. Rock cutter production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Rock Cutter Exports

Exports from France

In 2022, rock cutter exports from France shrank notably to X units, falling by -89.4% against the previous year. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 4,620%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, rock cutter exports contracted significantly to $X in 2022. In general, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 10,460%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Croatia (X units), the UK (X units) and Spain (X units) were the main destinations of rock cutter exports from France, together accounting for 60% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +25.1%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Croatia ($X) and Belgium ($X) appeared to be the largest markets for rock cutter exported from France worldwide, with a combined 80% share of total exports. Serbia, the UK, French Polynesia, Portugal, Germany, Madagascar, Poland, Greece and Slovakia lagged somewhat behind, together comprising a further 20%.

Among the main countries of destination, Portugal, with a CAGR of +67.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average rock cutter export price amounted to $X per unit, with a decrease of -17.3% against the previous year. In general, the export price showed a deep slump. The growth pace was the most rapid in 2021 when the average export price increased by 124% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+67.4%), while the prices for the other major destinations experienced more modest paces of growth.

Rock Cutter Imports

Imports into France

In 2022, purchases abroad of coal or rock cutters and tunnelling machinery decreased by -77.7% to X units, falling for the second consecutive year after four years of growth. Over the period under review, imports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2019 when imports increased by 164% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, rock cutter imports dropped significantly to $X in 2022. Overall, imports, however, posted a pronounced expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 166% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Hungary (X units) constituted the largest rock cutter supplier to France, with a 52% share of total imports. Moreover, rock cutter imports from Hungary exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The Czech Republic (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Hungary stood at +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.9% per year) and the Czech Republic (+29.7% per year).

In value terms, the Czech Republic ($X), Hungary ($X) and Germany ($X) appeared to be the largest rock cutter suppliers to France, together accounting for 79% of total imports. Belgium, the Netherlands and Italy lagged somewhat behind, together comprising a further 20%.

The Netherlands, with a CAGR of +34.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average rock cutter import price amounted to $X per unit, almost unchanged from the previous year. Overall, the import price, however, saw a noticeable setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 56%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :