Germany: Electroplating Machine Market 2024

Electroplating Machine Market Size in Germany

In 2021, the German electroplating machine market increased by 67% to $X, rising for the second year in a row after four years of decline. In general, consumption showed strong growth. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Electroplating Machine Production in Germany

In value terms, electroplating machine production surged to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Electroplating Machine Exports

Exports from Germany

For the fifth consecutive year, Germany recorded decline in overseas shipments of machines for electroplating, electrolysis or electrophoresis, which decreased by -19.7% to X units in 2021. Over the period under review, exports showed a deep contraction. The growth pace was the most rapid in 2016 with an increase of 105% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, electroplating machine exports reduced to $X in 2021. In general, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by 76% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X units), Austria (X units) and South Korea (X units) were the main destinations of electroplating machine exports from Germany, with a combined 41% share of total exports. These countries were followed by India, Switzerland, the United States, Thailand, Romania, France, Turkey, the Czech Republic, Spain and Poland, which together accounted for a further 41%.

From 2012 to 2021, the biggest increases were in Romania (with a CAGR of +56.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Korea ($X) and Austria ($X) constituted the largest markets for electroplating machine exported from Germany worldwide, together comprising 36% of total exports. Romania, India, Switzerland, France, the United States, Thailand, the Czech Republic, Spain, Turkey and Poland lagged somewhat behind, together comprising a further 39%.

Romania, with a CAGR of +57.6%, saw the highest growth rate of the value of exports, among 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 electroplating machine export price amounted to $X per unit, growing by 24% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electroplating machine export price increased by +87.2% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 34% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Romania ($X per unit), while the average price for exports to Poland ($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 Spain (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Electroplating Machine Imports

Imports into Germany

In 2021, approx. X units of machines for electroplating, electrolysis or electrophoresis were imported into Germany; increasing by 40% on 2020. Over the period under review, imports showed a strong expansion. The pace of growth was the most pronounced in 2013 with an increase of 165% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, electroplating machine imports soared to $X in 2021. In general, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of 214% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Switzerland (X units), China (X units) and Sweden (X units) were the main suppliers of electroplating machine imports to Germany, together accounting for 57% of total imports.

From 2012 to 2021, the biggest increases were in Sweden (with a CAGR of +118.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), the United States ($X) and Switzerland ($X) were the largest electroplating machine suppliers to Germany, with a combined 59% share of total imports.

Sweden, with a CAGR of +120.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 electroplating machine import price amounted to $X per unit, declining by -4.2% against the previous year. Overall, the import price, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 32%. The import price peaked at $X per unit in 2020, and then shrank slightly in the following year.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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