France: Stone Polishing Machine Market 2024

Stone Polishing Machine Market Size in France

The French stone polishing machine market declined rapidly to $X in 2022, with a decrease of -16.8% against the previous year. Over the period under review, consumption saw a significant contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Stone Polishing Machine Production in France

In value terms, stone polishing machine production declined to $X in 2022 estimated in export price. In general, production, however, recorded a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 11%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Stone Polishing Machine Exports

Exports from France

In 2022, stone polishing machine exports from France skyrocketed to X units, picking up by 217% on the previous year. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, stone polishing machine exports reduced modestly to $X in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 952% against the previous year. As a result, the exports reached the peak of $X, and then dropped slightly in the following year.

Exports by Country

Tunisia (X units) was the main destination for stone polishing machine exports from France, accounting for a 57% share of total exports. Moreover, stone polishing machine exports to Tunisia exceeded the volume sent to the second major destination, Germany (X units), ninefold. Brazil (X units) ranked third in terms of total exports with a 4.1% share.

From 2021 to 2022, the average annual rate of growth in terms of volume to Tunisia amounted to +23,044.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+87.1% per year) and Brazil (+5.2% per year).

In value terms, the largest markets for stone polishing machine exported from France were Brazil ($X), China ($X) and Germany ($X), with a combined 37% share of total exports. Italy, the United States, the UK, Belgium, Turkey, Japan, Canada, Mexico and Tunisia lagged somewhat behind, together comprising a further 34%.

In terms of the main countries of destination, Belgium, with a CAGR of +126.7%, 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 stone polishing machine export price amounted to $X per unit, falling by -70% against the previous year. In general, the export price saw a sharp decrease. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to Tunisia ($X per unit) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+2.5%), while the prices for the other major destinations experienced a decline.

Stone Polishing Machine Imports

Imports into France

In 2022, the amount of grinding or polishing machines for working stone, ceramics and concrete imported into France reduced remarkably to X units, declining by -18.1% compared with the previous year's figure. In general, imports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 92%. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, stone polishing machine imports declined notably to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 57%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Italy (X units) and South Korea (X units) were the main suppliers of stone polishing machine imports to France, with a combined 57% share of total imports. Spain, Japan, Germany, the Netherlands, Switzerland and Sweden lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +49.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of grinding or polishing machines for working stone, ceramics and concrete to France, comprising 34% of total imports. The second position in the ranking was taken by Spain ($X), with a 16% share of total imports. It was followed by South Korea, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+60.7% per year) and South Korea (+13.7% per year).

Import Prices by Country

The average stone polishing machine import price stood at $X per unit in 2022, almost unchanged from the previous year. In general, the import price, however, showed a strong expansion. The pace of growth was the most pronounced in 2013 an increase of 47% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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