France: Metal Sawing Machine Market 2024

Metal Sawing Machine Market Size in France

The French metal sawing machine market skyrocketed to $X in 2021, picking up by 36% against the previous year. The market value increased at an average annual rate of +5.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Metal Sawing Machine Production in France

In value terms, metal sawing machine production stood at $X in 2021 estimated in export price. Overall, production saw a perceptible slump. The most prominent rate of growth was recorded in 2017 with an increase of 69%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Metal Sawing Machine Exports

Exports from France

In 2021, after two years of decline, there was significant growth in shipments abroad of sawing or cutting-off machines for working metal, when their volume increased by 33% to X units. Overall, exports enjoyed a moderate increase. The most prominent rate of growth was recorded in 2017 with an increase of 87% against the previous year. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal sawing machine exports totaled $X in 2021. Over the period under review, exports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2017 with an increase of 43% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units), South Korea (X units) and Spain (X units) were the main destinations of metal sawing machine exports from France, together comprising 46% of total exports. Belgium, Italy, the UK, Switzerland, the United States, the Netherlands, Poland, India, Cameroon and Gabon lagged somewhat behind, together comprising a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cameroon (with a CAGR of +44.5%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), South Korea ($X) and Germany ($X) appeared to be the largest markets for metal sawing machine exported from France worldwide, with a combined 35% share of total exports.

Among the main countries of destination, the UK, with a CAGR of +44.0%, recorded 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

The average metal sawing machine export price stood at $X per unit in 2021, reducing by -20.3% against the previous year. In general, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2019 an increase of 55%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per unit), while the average price for exports to Spain ($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 Gabon (+15.2%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Sawing Machine Imports

Imports into France

In 2021, purchases abroad of sawing or cutting-off machines for working metal increased by 43% to X units for the first time since 2018, thus ending a two-year declining trend. In general, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 94%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, metal sawing machine imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of metal sawing machine to France, with a 68% share of total imports. Moreover, metal sawing machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), eightfold. Italy (X units) ranked third in terms of total imports with a 6% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.6% per year) and Italy (-0.6% per year).

In value terms, Germany ($X) constituted the largest supplier of sawing or cutting-off machines for working metal to France, comprising 40% of total imports. The second position in the ranking was held by Italy ($X), with a 20% share of total imports. It was followed by China, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled -3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.2% per year) and China (+9.1% per year).

Import Prices by Country

In 2021, the average metal sawing machine import price amounted to $X per unit, declining by -11.5% against the previous year. Overall, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2016 when the average import price increased by 27% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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