Germany: Cable-Making Machine Market 2024

Cable-Making Machine Market Size in Germany

For the third year in a row, the German cable-making machine market recorded decline in sales value, which decreased by X% to $X in 2022. In general, consumption recorded a dramatic curtailment. Cable-making machine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Cable-Making Machine Production in Germany

In value terms, cable-making machine production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Cable-Making Machine Exports

Exports from Germany

For the third consecutive year, Germany recorded growth in shipments abroad of rope or cable-making machines, which increased by X% to X units in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, cable-making machine exports rose significantly to $X in 2022. In general, exports enjoyed tangible growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China (X units), Mexico (X units) and Japan (X units) were the main destinations of cable-making machine exports from Germany, with a combined X% share of total exports. Norway, the United States, Spain, Poland, Argentina, Egypt, Portugal, Turkey, Morocco and India lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for rope or cable-making machines exports from Germany, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Mexico (X% per year).

Export Prices by Country

In 2022, the average cable-making machine export price amounted to $X per unit, growing by X% against the previous year. In general, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2015 an increase of X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Norway ($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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cable-Making Machine Imports

Imports into Germany

In 2022, purchases abroad of rope or cable-making machines decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2021, and then contracted in the following year.

In value terms, cable-making machine imports skyrocketed to $X in 2022. In general, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the Czech Republic (X units) constituted the largest cable-making machine supplier to Germany, with a X% share of total imports. Moreover, cable-making machine imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Turkey (X units), tenfold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the Czech Republic stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and China (X% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of rope or cable-making machines to Germany, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average cable-making machine import price amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the import price, however, showed a perceptible decrease. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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