France: Market for Machine-Tools For Working Wood 2024

Market Size for Machine-Tools For Working Wood in France

The French machine-tool for working wood market surged to $X in 2021, increasing by 29% against the previous year. Overall, the total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +81.0% against 2015 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Machine-Tools For Working Wood in France

In value terms, machine-tool for working wood production contracted sharply to $X in 2021 estimated in export price. In general, production saw a deep downturn. The growth pace was the most rapid in 2019 when the production volume increased by 457% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Machine-Tools For Working Wood

Exports from France

After three years of growth, shipments abroad of machine-tools for working wood decreased by -6.8% to X tons in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 27%. Over the period under review, the exports attained the peak figure at X tons in 2020, and then declined in the following year.

In value terms, machine-tool for working wood exports declined to $X in 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 27% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for machine-tool for working wood exports from France, with a 40% share of total exports. Moreover, machine-tool for working wood exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), fivefold. The United States (X tons) ranked third in terms of total exports with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +12.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+14.8% per year) and the United States (+22.9% per year).

In value terms, Germany ($X) remains the key foreign market for machine-tools for working wood exports from France, comprising 26% of total exports. The second position in the ranking was taken by Poland ($X), with an 8% share of total exports. It was followed by Belgium, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+22.8% per year) and Belgium (+11.0% per year).

Export Prices by Country

The average machine-tool for working wood export price stood at $X per ton in 2021, dropping by -1.9% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 33% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Wood

Imports into France

In 2021, purchases abroad of machine-tools for working wood increased by 32% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +4.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, machine-tool for working wood imports soared to $X in 2021. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Italy (X tons) and China (X tons) were the main suppliers of machine-tool for working wood imports to France, with a combined 66% share of total imports. These countries were followed by the Netherlands, Spain, Belgium, Poland and Austria, which together accounted for a further 27%.

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 +45.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest machine-tool for working wood suppliers to France were Germany ($X), Italy ($X) and China ($X), together accounting for 71% of total imports. The Netherlands, Belgium, Spain, Poland and Austria lagged somewhat behind, together comprising a further 18%.

Poland, with a CAGR of +29.3%, saw the highest growth rate of 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 2021, the average machine-tool for working wood import price amounted to $X per ton, waning by -7.2% against the previous year. Overall, the import price recorded a slight slump. The pace of growth appeared the most rapid in 2019 an increase of 13% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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