France: Wood Drilling Machine Market 2024

Wood Drilling Machine Market Size in France

The French wood drilling machine market reduced to $X in 2021, with a decrease of -10.5% against the previous year. Overall, consumption, however, showed slight growth. Wood drilling machine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Wood Drilling Machine Production in France

In value terms, wood drilling machine production rose markedly to $X in 2021 estimated in export price. In general, production faced a drastic downturn. The pace of growth appeared the most rapid in 2015 when the production volume increased by 21% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Wood Drilling Machine Exports

Exports from France

Wood drilling machine exports from France dropped sharply to X units in 2021, waning by -20.1% against 2020 figures. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 149% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood drilling machine exports declined notably to $X in 2021. In general, exports, however, saw a modest increase. The growth pace was the most rapid in 2019 when exports increased by 130%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for wood drilling machine exports from France, with a 44% share of total exports. Moreover, wood drilling machine exports to Germany exceeded the volume sent to the second major destination, the UK (X units), threefold. Italy (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+63.8% per year) and Italy (+25.2% per year).

In value terms, Vietnam ($X), Belgium ($X) and Germany ($X) appeared to be the largest markets for wood drilling machine exported from France worldwide, with a combined 54% share of total exports. Italy, the UK, the Czech Republic, Portugal, Finland, the Netherlands, Austria and Spain lagged somewhat behind, together accounting for a further 20%.

In terms of the main countries of destination, Finland, with a CAGR of +145.8%, saw the highest growth rate of 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 2021, the average wood drilling machine export price amounted to $X per unit, waning by -14.2% against the previous year. Overall, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 99%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Drilling Machine Imports

Imports into France

In 2021, imports of drilling or morticing machines into France dropped remarkably to X units, falling by -15.8% against the previous year. Over the period under review, imports, however, saw a modest increase. The most prominent rate of growth was recorded in 2017 when imports increased by 221%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, wood drilling machine imports contracted modestly to $X in 2021. In general, total imports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -10.1% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 28%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X units) constituted the largest wood drilling machine supplier to France, accounting for a 68% share of total imports. Moreover, wood drilling machine imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by Germany (X units), with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy stood at +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.7% per year) and Germany (-14.9% per year).

In value terms, Italy ($X) constituted the largest supplier of drilling or morticing machines to France, comprising 87% of total imports. The second position in the ranking was taken by Germany ($X), with a 4.1% share of total imports. It was followed by China, with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.1% per year) and China (-2.6% per year).

Import Prices by Country

The average wood drilling machine import price stood at $X per unit in 2021, picking up by 15% against the previous year. Over the period under review, the import price recorded slight growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 188%. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+13.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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