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

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

The German numerically controlled sharpening machine market fell markedly to $X in 2022, with a decrease of -21.6% against the previous year. In general, consumption, however, saw buoyant growth. Numerically controlled sharpening machine consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Numerically Controlled Sharpening Machines For Working Metal in Germany

In value terms, numerically controlled sharpening machine production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 29%. Numerically controlled sharpening machine production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Numerically Controlled Sharpening Machines For Working Metal

Exports from Germany

In 2022, approx. X units of numerically controlled sharpening machines for working metal were exported from Germany; rising by 24% against 2021 figures. Over the period under review, exports, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 40%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, numerically controlled sharpening machine exports soared to $X in 2022. Overall, total exports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Italy (X units) and France (X units) were the main destinations of numerically controlled sharpening machine exports from Germany, together accounting for 30% of total exports. Poland, Russia, Japan, Austria, Turkey, the UK, Australia, Switzerland, Spain and Canada lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +34.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for numerically controlled sharpening machine exported from Germany were Italy ($X), the United States ($X) and Turkey ($X), with a combined 36% share of total exports. France, Poland, Austria, Japan, the UK, Australia, Russia, Spain, Canada and Switzerland lagged somewhat behind, together comprising a further 34%.

Among the main countries of destination, Spain, with a CAGR of +39.5%, saw the highest growth rate of 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

The average numerically controlled sharpening machine export price stood at $X per unit in 2022, which is down by -6.2% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 an increase of 41%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Switzerland ($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 Turkey (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Numerically Controlled Sharpening Machines For Working Metal

Imports into Germany

In 2022, approx. X units of numerically controlled sharpening machines for working metal were imported into Germany; dropping by -3.8% on the year before. In general, total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +3.4% 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 +58.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 64%. As a result, imports reached the peak of X units, and then contracted modestly in the following year.

In value terms, numerically controlled sharpening machine imports rose notably to $X in 2022. Over the period under review, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.4% 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 +93.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 69% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Thailand (X units), Switzerland (X units) and China (X units) were the main suppliers of numerically controlled sharpening machine imports to Germany, with a combined 66% share of total imports. Australia, Taiwan (Chinese), Sweden and the United States lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +42.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Switzerland ($X) and Taiwan (Chinese) ($X) appeared to be the largest numerically controlled sharpening machine suppliers to Germany, together accounting for 74% of total imports.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +37.4%, 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

The average numerically controlled sharpening machine import price stood at $X per unit in 2022, picking up by 18% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Taiwan (Chinese) ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :