France: Market for Grinding And Sharpening Metal Finishing Machines 2024

Market Size for Grinding And Sharpening Metal Finishing Machines in France

In 2022, the French grinding and sharpening machine market decreased by -25.4% to $X, falling for the third year in a row after two years of growth. In general, consumption continues to indicate a mild decrease. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Grinding And Sharpening Metal Finishing Machines in France

In value terms, grinding and sharpening machine production fell rapidly to $X in 2022 estimated in export price. In general, production, however, recorded a temperate increase. The pace of growth was the most pronounced in 2019 when the production volume decreased by -3.5%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Grinding And Sharpening Metal Finishing Machines

Exports from France

In 2022, shipments abroad of grinding and sharpening metal finishing machines increased by 25% to X units, rising for the second consecutive year after four years of decline. Over the period under review, exports showed measured growth. The pace of growth appeared the most rapid in 2016 with an increase of 87% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, grinding and sharpening machine exports soared to $X in 2022. Overall, exports, however, saw a noticeable decrease. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), the Netherlands (X units) and Spain (X units) were the main destinations of grinding and sharpening machine exports from France, together comprising 40% of total exports. Central African Republic, Belgium, the Czech Republic, Poland, the UK and Italy lagged somewhat behind, together comprising a further 45%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Central African Republic (with a CAGR of +215.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for grinding and sharpening machine exported from France were Germany ($X), Italy ($X) and Spain ($X), together comprising 33% of total exports. The UK, the Netherlands, Belgium, Central African Republic, Poland and the Czech Republic lagged somewhat behind, together accounting for a further 12%.

Central African Republic, with a CAGR of +154.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average grinding and sharpening machine export price stood at $X per unit in 2022, surging by 8.3% against the previous year. In general, the export price, however, recorded a abrupt decline. The growth pace was the most rapid in 2017 an increase of 73%. Over the period under review, the average export prices attained the maximum 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 Italy ($X per unit), while the average price for exports to the Czech Republic ($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 Italy (+37.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grinding And Sharpening Metal Finishing Machines

Imports into France

In 2022, purchases abroad of grinding and sharpening metal finishing machines decreased by -8.5% to X units, falling for the third year in a row after two years of growth. In general, imports, however, showed a measured increase. The most prominent rate of growth was recorded in 2018 with an increase of 64%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, grinding and sharpening machine imports stood at $X in 2022. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2015 with an increase of 9%. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X units), China (X units) and the Netherlands (X units) were the main suppliers of grinding and sharpening machine imports to France, with a combined 76% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +82.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of grinding and sharpening metal finishing machines to France, comprising 39% of total imports. The second position in the ranking was taken by Spain ($X), with a 7.9% share of total imports. It was followed by the Netherlands, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to -3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+6.4% per year) and the Netherlands (+12.1% per year).

Import Prices by Country

The average grinding and sharpening machine import price stood at $X per unit in 2022, rising by 9.8% against the previous year. Over the period under review, the import price, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 an increase of 36% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :