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

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

After five years of growth, the German non-numerically controlled sharpening machine market decreased by -2.6% to $X in 2022. In general, consumption, however, posted moderate growth. Non-numerically controlled sharpening machine consumption peaked at $X in 2021, and then fell in the following year.

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

In value terms, non-numerically controlled sharpening machine production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the production volume increased by 23% against the previous year. Non-numerically controlled sharpening machine production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from Germany

In 2022, shipments abroad of non-numerically controlled sharpening machines for working metal decreased by -32.5% to X units, falling for the third consecutive year after three years of growth. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by 165%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-numerically controlled sharpening machine exports reduced remarkably to $X in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 22%. The exports peaked at $X in 2021, and then reduced markedly in the following year.

Exports by Country

Austria (X units), the Netherlands (X units) and Spain (X units) were the main destinations of non-numerically controlled sharpening machine exports from Germany, with a combined 66% share of total exports. Poland, the Czech Republic, France and Slovakia lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +6.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-numerically controlled sharpening machine exported from Germany were Austria ($X), France ($X) and the Czech Republic ($X), with a combined 30% share of total exports.

Austria, with a CAGR of +11.0%, recorded the highest rates of growth with regard to 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

The average non-numerically controlled sharpening machine export price stood at $X per unit in 2022, surging by 21% against the previous year. In general, the export price posted a modest increase. The most prominent rate of growth was recorded in 2016 an increase of 66% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into Germany

After two years of growth, purchases abroad of non-numerically controlled sharpening machines for working metal decreased by -41.1% to X units in 2022. Overall, imports saw a pronounced descent. The growth pace was the most rapid in 2018 with an increase of 44% against the previous year. Over the period under review, imports attained the maximum at X units in 2021, and then fell notably in the following year.

In value terms, non-numerically controlled sharpening machine imports declined notably to $X in 2022. In general, total imports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. As a result, imports reached the peak of $X, and then contracted rapidly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest non-numerically controlled sharpening machine supplier to Germany, accounting for a 83% share of total imports. Moreover, non-numerically controlled sharpening machine imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), eightfold. Sweden (X units) ranked third in terms of total imports with a 2.4% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.6% per year) and Sweden (-4.2% per year).

In value terms, China ($X) constituted the largest supplier of non-numerically controlled sharpening machines for working metal to Germany, comprising 41% of total imports. The second position in the ranking was held by Sweden ($X), with a 21% share of total imports. It was followed by the United States, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+12.8% per year) and the United States (+15.0% per year).

Import Prices by Country

The average non-numerically controlled sharpening machine import price stood at $X per unit in 2022, jumping by 30% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-numerically controlled sharpening machine import price increased by +69.1% against 2018 indices. 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 2022, amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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