Germany: Market for Non-Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Drilling Machines For Working Metal in Germany

The German non-numerically controlled drilling machine market skyrocketed to $X in 2021, picking up by 305% against the previous year. Over the period under review, consumption continues to indicate a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Non-Numerically Controlled Drilling Machines For Working Metal in Germany

In value terms, non-numerically controlled drilling machine production rose to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by 21%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Non-Numerically Controlled Drilling Machines For Working Metal

Exports from Germany

Non-numerically controlled drilling machine exports from Germany rose modestly to X tons in 2021, picking up by 4.8% against 2020. In general, exports, however, showed a slight setback. The growth pace was the most rapid in 2019 when exports increased by 53% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, non-numerically controlled drilling machine exports rose remarkably to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 30% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

India (X tons), Poland (X tons) and France (X tons) were the main destinations of non-numerically controlled drilling machine exports from Germany, with a combined 28% share of total exports. These countries were followed by Austria, Turkey, Italy, Russia, Switzerland, the Czech Republic, the Netherlands, Spain, Hungary and Portugal, which together accounted for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +23.9%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), France ($X) and Austria ($X) constituted the largest markets for non-numerically controlled drilling machine exported from Germany worldwide, together comprising 28% of total exports. Russia, Switzerland, Italy, the Netherlands, Spain, the Czech Republic, Hungary, Portugal, India and Turkey lagged somewhat behind, together comprising a further 31%.

Italy, with a CAGR of +21.7%, recorded 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 non-numerically controlled drilling machine export price amounted to $X per ton, rising by 3.6% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 27% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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

Imports of Non-Numerically Controlled Drilling Machines For Working Metal

Imports into Germany

In 2021, after two years of decline, there was significant growth in purchases abroad of non-numerically controlled drilling machines for working metal, when their volume increased by 19% to X tons. Over the period under review, total imports indicated a temperate 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. The growth pace was the most rapid in 2018 with an increase of 28% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, non-numerically controlled drilling machine imports surged to $X in 2021. Overall, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 43% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest non-numerically controlled drilling machine supplier to Germany, with a 75% share of total imports. Moreover, non-numerically controlled drilling machine imports from China exceeded the figures recorded by the second-largest supplier, Denmark (X tons), tenfold. Austria (X tons) ranked third in terms of total imports with a 5% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+78.8% per year) and Austria (+15.9% per year).

In value terms, China ($X) constituted the largest supplier of non-numerically controlled drilling machines for working metal to Germany, comprising 66% of total imports. The second position in the ranking was taken by Poland ($X), with a 6.2% share of total imports. It was followed by Austria, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+76.8% per year) and Austria (+16.0% per year).

Import Prices by Country

The average non-numerically controlled drilling machine import price stood at $X per ton in 2021, increasing by 13% against the previous year. Over the last nine years, it increased at an average annual rate of +2.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Poland ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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