Germany: Grinding Machine Market 2024

Grinding Machine Market Size in Germany

The German grinding machine market reached $X in 2021, flattening at the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Grinding Machine Production in Germany

In value terms, grinding machine production rose significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 14% against the previous year. Grinding machine production peaked in 2021 and is expected to retain growth in years to come.

Grinding Machine Exports

Exports from Germany

In 2021, exports of machines having individual functions, for mixing, kneading, crushing or grinding from Germany expanded sharply to X units, picking up by 12% on the previous year's figure. Over the period under review, total exports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -5.1% against 2019 indices. The growth pace was the most rapid in 2019 when exports increased by 22%. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, grinding machine exports rose sharply to $X in 2021. The total export value increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by 15% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

The United States (X units), France (X units) and Belgium (X units) were the main destinations of grinding machine exports from Germany, with a combined 25% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +20.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for grinding machine exported from Germany were China ($X), the United States ($X) and France ($X), with a combined 29% share of total exports. Belgium, Italy, the Netherlands, Russia, the UK, Spain, Austria, Poland, Switzerland and Finland lagged somewhat behind, together comprising a further 35%.

In terms of the main countries of destination, Belgium, with a CAGR of +13.6%, saw the highest rates of growth with regard to 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

In 2021, the average grinding machine export price amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 14%. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to Belgium ($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 United States (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Grinding Machine Imports

Imports into Germany

In 2021, purchases abroad of machines having individual functions, for mixing, kneading, crushing or grinding increased by 36% to X units, rising for the fourth consecutive year after two years of decline. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +8.3% 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 +82.1% against 2017 indices. The most prominent rate of growth was recorded in 2015 with an increase of 41%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, grinding machine imports surged to $X in 2021. In general, total imports indicated a remarkable increase 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Ukraine (X units) constituted the largest grinding machine supplier to Germany, accounting for a 27% share of total imports. Moreover, grinding machine imports from Ukraine exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. Austria (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Ukraine stood at +13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.8% per year) and Austria (+7.8% per year).

In value terms, the largest grinding machine suppliers to Germany were Switzerland ($X), Denmark ($X) and France ($X), together accounting for 42% of total imports. Italy, Austria, the Netherlands, Ukraine, the United States, China, Belgium, the UK, Poland and Slovenia lagged somewhat behind, together comprising a further 44%.

In terms of the main suppliers, Slovenia, with a CAGR of +57.1%, recorded 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 grinding machine import price amounted to $X per unit, remaining stable against the previous year. Overall, the import price, however, saw a perceptible contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 21%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained 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 Switzerland ($X per unit), while the price for Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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