Germany: Market for Machine-Tools For Working Wood 2024

Market Size for Machine-Tools For Working Wood in Germany

The German machine-tool for working wood market surged to $X in 2021, increasing by 72% against the previous year. Overall, consumption, however, saw a abrupt descent. Machine-tool for working wood consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Machine-Tools For Working Wood in Germany

In value terms, machine-tool for working wood production surged to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt descent. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Machine-Tools For Working Wood

Exports from Germany

In 2021, overseas shipments of machine-tools for working wood were finally on the rise to reach X tons after three years of decline. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 14%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, machine-tool for working wood exports expanded significantly to $X in 2021. The total export value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 17% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), the United States (X tons) and Austria (X tons) were the main destinations of machine-tool for working wood exports from Germany, with a combined 28% share of total exports. These countries were followed by France, Poland, the Netherlands, Egypt, Turkey, the UK, Italy, the Czech Republic, Russia and Switzerland, which together accounted for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of +47.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for machine-tool for working wood exported from Germany were China ($X), the United States ($X) and Austria ($X), together comprising 30% of total exports. These countries were followed by France, Poland, Italy, Egypt, the Netherlands, the UK, Switzerland, Russia, Turkey and the Czech Republic, which together accounted for a further 37%.

Egypt, with a CAGR of +49.9%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 machine-tool for working wood export price amounted to $X per ton, picking up by 8.9% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 13%. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Turkey ($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 the Czech Republic (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Wood

Imports into Germany

In 2021, approx. X tons of machine-tools for working wood were imported into Germany; with an increase of 24% compared with the previous year. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +20.1% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, machine-tool for working wood imports skyrocketed to $X in 2021. Overall, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.2% 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 +95.3% against 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of 24%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of machine-tool for working wood to Germany, with a 58% share of total imports. Moreover, machine-tool for working wood imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), ninefold. Austria (X tons) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+40.4% per year) and Austria (+1.5% per year).

In value terms, China ($X) constituted the largest supplier of machine-tools for working wood to Germany, comprising 40% of total imports. The second position in the ranking was taken by Italy ($X), with an 11% share of total imports. It was followed by Austria, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.4% per year) and Austria (+2.6% per year).

Import Prices by Country

In 2021, the average machine-tool for working wood import price amounted to $X per ton, which is down by -3.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2013 an increase of 12% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020, and then dropped slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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