France: Working Wire Machine Market 2024

Working Wire Machine Market Size in France

After two years of decline, the French working wire machine market increased by 77% to $X in 2021. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level in 2021 and is likely to see gradual growth in years to come.

Working Wire Machine Production in France

In value terms, working wire machine production shrank to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 16%. Over the period under review, production reached the peak level at $X in 2020, and then declined in the following year.

Working Wire Machine Exports

Exports from France

In 2021, shipments abroad of machines for working wire decreased by -39.2% to X units, falling for the fourth year in a row after six years of growth. Over the period under review, exports showed a pronounced slump. The pace of growth was the most pronounced in 2013 with an increase of 93%. Over the period under review, the exports attained the peak figure at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, working wire machine exports dropped markedly to $X in 2021. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2013 when exports increased by 70% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Mexico (X units), the United States (X units) and the UK (X units) were the main destinations of working wire machine exports from France, together comprising 58% of total exports. Thailand, Turkey, Morocco and Israel lagged somewhat behind, together comprising a further 32%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +27.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for working wire machine exported from France were Mexico ($X), the United States ($X) and Turkey ($X), together comprising 67% of total exports. The UK, Morocco, Thailand, Israel and China lagged somewhat behind, together comprising a further 26%.

In terms of the main countries of destination, the UK, with a CAGR of +26.9%, 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 working wire machine export price amounted to $X per unit, declining by -11.7% against the previous year. Over the period under review, the export price showed a noticeable shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by 37%. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($X per unit), while the average price for exports to Thailand ($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 Morocco (+14.6%), while the prices for the other major destinations experienced mixed trend patterns.

Working Wire Machine Imports

Imports into France

In 2021, imports of machines for working wire into France soared to X units, growing by 187% compared with 2020 figures. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, working wire machine imports skyrocketed to $X in 2021. Overall, imports, however, recorded a mild slump. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and the United States (X units) were the main suppliers of working wire machine imports to France, with a combined 71% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +50.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Italy ($X) were the largest working wire machine suppliers to France, together comprising 72% of total imports.

Among the main suppliers, China, with a CAGR of +50.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average working wire machine import price stood at $X per unit in 2021, shrinking by -13.8% against the previous year. In general, the import price showed a mild shrinkage. The pace of growth was the most pronounced in 2015 when the average import price increased by 123% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 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 Japan ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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