France: Market for Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Numerically Controlled Drilling Machines For Working Metal in France

For the eighth year in a row, the French numerically controlled drilling machine market recorded growth in sales value, which increased by 6.6% to $X in 2021. Overall, consumption showed a remarkable increase. Numerically controlled drilling machine consumption peaked in 2021 and is expected to retain growth in years to come.

Production of Numerically Controlled Drilling Machines For Working Metal in France

In value terms, numerically controlled drilling machine production fell to $X in 2021 estimated in export price. Over the period under review, production enjoyed a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 43% against the previous year. Numerically controlled drilling machine production peaked at $X in 2020, and then dropped in the following year.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports from France

In 2021, after two years of decline, there was significant growth in overseas shipments of numerically controlled drilling machines for working metal, when their volume increased by 93% to X tons. Overall, exports showed noticeable growth. The pace of growth was the most pronounced in 2013 when exports increased by 127% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, numerically controlled drilling machine exports expanded notably to $X in 2021. Over the period under review, exports showed tangible growth. The pace of growth was the most pronounced in 2013 with an increase of 86% 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

Saudi Arabia (X tons) was the main destination for numerically controlled drilling machine exports from France, accounting for a 28% share of total exports. Moreover, numerically controlled drilling machine exports to Saudi Arabia exceeded the volume sent to the second major destination, the UK (X tons), threefold. Germany (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia stood at +12,361,100.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+3.6% per year) and Germany (+39.5% per year).

In value terms, Mexico ($X) remains the key foreign market for numerically controlled drilling machines for working metal exports from France, comprising 25% of total exports. The second position in the ranking was held by Germany ($X), with a 12% share of total exports. It was followed by the UK, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mexico stood at +2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+44.0% per year) and the UK (-4.7% per year).

Export Prices by Country

In 2021, the average numerically controlled drilling machine export price amounted to $X per ton, with a decrease of -42% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 75%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Mexico ($X per ton), while the average price for exports to Saudi Arabia ($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 Portugal (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports into France

In 2021, overseas purchases of numerically controlled drilling machines for working metal increased by 79% to X tons, rising for the second year in a row after two years of decline. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, numerically controlled drilling machine imports surged to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X tons), the Netherlands (X tons) and Japan (X tons) were the main suppliers of numerically controlled drilling machine imports to France, with a combined 72% 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 the Netherlands (with a CAGR of +45.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest numerically controlled drilling machine suppliers to France were the Netherlands ($X), Italy ($X) and Japan ($X), with a combined 58% share of total imports. The United States, Germany, the UK and Taiwan (Chinese) lagged somewhat behind, together comprising a further 36%.

In terms of the main suppliers, the UK, with a CAGR of +48.9%, recorded the highest rates of growth with regard to 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

In 2021, the average numerically controlled drilling machine import price amounted to $X per ton, picking up by 5.2% against the previous year. Overall, the import price, however, recorded a mild slump. The pace of growth was the most pronounced in 2014 an increase of 73%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, 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 the United States ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+40.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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