Germany: Market for Grinding, Sanding and Polishing Machines 2024

Market Size for Grinding, Sanding and Polishing Machines in Germany

The German market for grinding, sanding and polishing machines skyrocketed to $X in 2021, rising by 77% against the previous year. Overall, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Grinding, Sanding and Polishing Machines in Germany

In value terms, grinding, sanding and polishing machine production stood at $X in 2021 estimated in export price. Over the period under review, production showed a pronounced contraction. The pace of growth appeared the most rapid in 2016 when the production volume increased by 17% against the previous year. Grinding, sanding and polishing machine production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Grinding, Sanding and Polishing Machines

Exports from Germany

After nine years of growth, overseas shipments of grinding, sanding and polishing machines decreased by -36.8% to X units in 2021. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 275%. As a result, the exports attained the peak of X units, and then contracted markedly in the following year.

In value terms, grinding, sanding and polishing machine exports surged to $X in 2021. Over the period under review, total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when exports increased by 34%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

France (X units), the Czech Republic (X units) and Poland (X units) were the main destinations of grinding, sanding and polishing machine exports from Germany, together comprising 29% of total exports. The Netherlands, Austria, the United States, Italy, Denmark, the UK, Mexico, Slovakia, Estonia and Belgium lagged somewhat behind, together comprising a further 43%.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +67.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for grinding, sanding and polishing machines exports from Germany, comprising 31% of total exports. The second position in the ranking was taken by Mexico ($X), with a 4.3% share of total exports. It was followed by France, with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+43.8% per year) and France (+6.3% per year).

Export Prices by Country

In 2021, the average export price for grinding, sanding and polishing machines amounted to $X per unit, growing by 99% against the previous year. Over the period under review, the export price, however, recorded a abrupt decline. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the Czech Republic ($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 the UK (-6.7%), while the prices for the other major destinations experienced a decline.

Imports of Grinding, Sanding and Polishing Machines

Imports into Germany

For the third year in a row, Germany recorded growth in supplies from abroad of grinding, sanding and polishing machines, which increased by 3.5% to X units in 2021. In general, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 68%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, grinding, sanding and polishing machine imports skyrocketed to $X in 2021. Over the period under review, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +68.5% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of grinding, sanding and polishing machine to Germany, accounting for a 89% share of total imports. Moreover, grinding, sanding and polishing machine imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. Austria (X units) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +16.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+62.6% per year) and Austria (+100.8% per year).

In value terms, China ($X), Italy ($X) and Austria ($X) appeared to be the largest grinding, sanding and polishing machine suppliers to Germany, with a combined 76% share of total imports.

Among the main suppliers, Austria, with a CAGR of +21.6%, 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

In 2021, the average import price for grinding, sanding and polishing machines amounted to $X per unit, rising by 31% against the previous year. In general, the import price, however, continues to indicate a deep setback. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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