Germany: Market for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2024

Market Size for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Germany

The German market for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips soared to $X in 2021, jumping by 28% against the previous year. Over the period under review, consumption showed resilient growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Production of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Germany

In value terms, production of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips skyrocketed to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. Production of peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports from Germany

In 2021, after two years of decline, there was significant growth in overseas shipments of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips, when their volume increased by 36% to X tons. Over the period under review, exports, however, recorded a mild decline. Over the period under review, the exports of attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips surged to $X in 2021. Overall, exports saw a relatively flat trend pattern. The exports peaked at $X in 2018; afterwards, it flattened through to 2021.

Exports by Country

The Netherlands (X tons), Italy (X tons) and Austria (X tons) were the main destinations of exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips from Germany, together comprising 36% of total exports. Turkey, China, France, the United States, India, Poland, the Czech Republic, Switzerland, Russia and the UK lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +9.1%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips exports from Germany, comprising 22% of total exports. The second position in the ranking was taken by Italy ($X), with a 9% share of total exports. It was followed by the United States, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands amounted to +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+2.5% per year) and the United States (-1.5% per year).

Export Prices by Country

In 2021, the average export price for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips amounted to $X per ton, falling by -4.5% against the previous year. Over the last nine years, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2014 an increase of 19%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to India ($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 Russia (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports into Germany

In 2021, overseas purchases of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips increased by 29% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, saw a pronounced contraction. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips soared to $X in 2021. Overall, imports, however, continue to indicate a slight contraction. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Austria (X tons) and the Netherlands (X tons) were the main suppliers of imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips to Germany, together accounting for 56% of total imports. These countries were followed by Belgium, Luxembourg, Japan, Switzerland, the United States, South Korea, Italy, Spain, the UK and Sweden, which together accounted for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +22.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Austria ($X) appeared to be the largest unmounted tool inserts, sticks or plates suppliers to Germany, with a combined 49% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +16.0%, saw 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 import price for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips amounted to $X per ton, growing by 3.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2014 an increase of 11%. As a result, import price reached the peak level of $X per ton. From 2015 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 the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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