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

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

In 2021, after four years of growth, there was significant decline in the German numerically controlled drilling machine market, when its value decreased by -8.8% to $X. Overall, consumption, however, recorded a buoyant increase. Over the period under review, the market reached the maximum level at $X in 2020, and then shrank in the following year.

Production of Numerically Controlled Drilling Machines For Working Metal in Germany

In value terms, numerically controlled drilling machine production stood at $X in 2021 estimated in export price. Over the period under review, production showed a slight curtailment. The most prominent rate of growth was recorded in 2013 when the production volume increased by 39%. Numerically controlled drilling machine production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports from Germany

In 2021, shipments abroad of numerically controlled drilling machines for working metal was finally on the rise to reach X tons after two years of decline. In general, exports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2018 when exports increased by 44%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, numerically controlled drilling machine exports fell dramatically to $X in 2021. Over the period under review, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 15% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons), Turkey (X tons) and Iran (X tons) were the main destinations of numerically controlled drilling machine exports from Germany, together accounting for 40% of total exports. These countries were followed by the UK, Israel, Spain, India, Hungary, Russia, Poland, Switzerland and the United States, which together accounted for a further 46%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (with a CAGR of +65.9%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), China ($X) and Russia ($X) appeared to be the largest markets for numerically controlled drilling machine exported from Germany worldwide, with a combined 34% share of total exports. These countries were followed by Israel, the UK, Poland, Hungary, Turkey, Switzerland, India, Iran and the United States, which together accounted for a further 41%.

Israel, with a CAGR of +35.2%, recorded 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 numerically controlled drilling machine export price amounted to $X per ton, dropping by -24.3% against the previous year. Over the period under review, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 69% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Iran ($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 Poland (+11.5%), while the prices for the other major destinations experienced a decline.

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports into Germany

In 2021, purchases abroad of numerically controlled drilling machines for working metal decreased by -46.8% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports showed a abrupt decline. The pace of growth was the most pronounced in 2014 with an increase of 155%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, numerically controlled drilling machine imports reduced remarkably to $X in 2021. In general, imports saw a deep contraction. The pace of growth appeared the most rapid in 2014 when imports increased by 197%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Spain (X tons), the Netherlands (X tons) and South Korea (X tons) were the main suppliers of numerically controlled drilling machine imports to Germany, together accounting for 70% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +42.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest numerically controlled drilling machine suppliers to Germany were Spain ($X), the Netherlands ($X) and South Korea ($X), with a combined 77% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of +19.7%, saw the highest growth rate of 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 numerically controlled drilling machine import price amounted to $X per ton, declining by -29.7% against the previous year. Overall, the import price showed a noticeable contraction. The growth pace was the most rapid in 2015 an increase of 37%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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