France: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in France

In 2021, the French market for in-hand motor grinders, sanders and planers increased by 51% to $X, rising for the fourth year in a row after three years of decline. Over the period under review, consumption showed a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports from France

In 2021, shipments abroad of in-hand motor grinders, sanders and planers increased by 32% to X units, rising for the second year in a row after two years of decline. In general, exports posted a strong expansion. The growth pace was the most rapid in 2016 when exports increased by 104% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, exports of in-hand motor grinders, sanders and planers surged to $X in 2021. Over the period under review, exports continue to indicate a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for exports of in-hand motor grinders, sanders and planers from France, accounting for a 31% share of total exports. Moreover, exports of in-hand motor grinders, sanders and planers to Germany exceeded the volume sent to the second major destination, Italy (X units), fourfold. The third position in this ranking was held by Spain (X units), with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+6.0% per year) and Spain (+7.3% per year).

In value terms, Germany ($X) remains the key foreign market for electromechanical tools for working in the hand, with self-contained electric motor exports from France, comprising 28% of total exports. The second position in the ranking was held by Belgium ($X), with an 11% share of total exports. It was followed by Italy, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+5.1% per year) and Italy (+9.9% per year).

Export Prices by Country

In 2021, the average export price for in-hand motor grinders, sanders and planers amounted to $X per unit, remaining stable against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for in-hand motor grinders, sanders and planers decreased by -3.7% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 76%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per unit), while the average price for exports to Portugal ($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 Switzerland (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports into France

For the third year in a row, France recorded growth in overseas purchases of in-hand motor grinders, sanders and planers, which increased by 46% to X units in 2021. Overall, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of in-hand motor grinders, sanders and planers skyrocketed to $X in 2021. In general, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +40.9% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and Belgium (X units) were the main suppliers of imports of in-hand motor grinders, sanders and planers to France, together comprising 67% of total imports. These countries were followed by the Netherlands, Spain, Austria, Malaysia and Hungary, which together accounted for a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +68.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electromechanical tools for working in the hand, with self-contained electric motor to France, comprising 38% of total imports. The second position in the ranking was taken by China ($X), with an 18% share of total imports. It was followed by Austria, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.1% per year) and Austria (+18.6% per year).

Import Prices by Country

The average import price for in-hand motor grinders, sanders and planers stood at $X per unit in 2021, remaining stable against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for in-hand motor grinders, sanders and planers decreased by -48.9% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 42%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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