Germany: Self-Propelled Rock Cutter Market 2024

Self-Propelled Rock Cutter Market Size in Germany

In 2021, the German self-propelled rock cutter market decreased by -4.1% to $X, falling for the second year in a row after two years of growth. Overall, consumption, however, saw a relatively flat trend pattern. Self-propelled rock cutter consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Self-Propelled Rock Cutter Production in Germany

In value terms, self-propelled rock cutter production contracted slightly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 0.6% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then contracted slightly in the following year.

Self-Propelled Rock Cutter Exports

Exports from Germany

In 2021, overseas shipments of self-propelled coal or rock cutters and tunnelling machinery increased by 36% to X units, rising for the second year in a row after two years of decline. In general, exports, however, saw a mild shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 144%. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, self-propelled rock cutter exports surged to $X in 2021. Overall, exports posted a modest increase. The most prominent rate of growth was recorded in 2013 with an increase of 141%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Finland (X units), China (X units) and Australia (X units) were the main destinations of self-propelled rock cutter exports from Germany, together comprising 52% of total exports. These countries were followed by Belarus, Chile, Russia, India, Canada, Poland, Norway, Belgium, Vietnam and Italy, which together accounted for a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +84.2%), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), China ($X) and Australia ($X) constituted the largest markets for self-propelled rock cutter exported from Germany worldwide, with a combined 57% share of total exports. Chile, Russia, India, Poland, Canada, Finland, Belgium, Norway, Italy and Vietnam lagged somewhat behind, together comprising a further 40%.

Belgium, with a CAGR of +101.5%, saw 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 self-propelled rock cutter export price amounted to $X per unit, rising by 19% against the previous year. Over the period under review, the export price continues to indicate measured growth. The growth pace was the most rapid in 2019 an increase of 183%. As a result, the export price reached the peak level of $X per unit. 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 Belarus ($X per unit), while the average price for exports to Finland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Rock Cutter Imports

Imports into Germany

In 2021, the amount of self-propelled coal or rock cutters and tunnelling machinery imported into Germany dropped rapidly to X units, shrinking by -71% on the previous year's figure. In general, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when imports increased by 112% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, self-propelled rock cutter imports dropped notably to $X in 2021. Over the period under review, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 246%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Switzerland (X units), Sweden (X units) and Belgium (X units) were the main suppliers of self-propelled rock cutter imports to Germany, together accounting for 92% of total imports. These countries were followed by the Netherlands, which accounted for a further 8%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of -3.5%), while purchases for the other leaders experienced a decline.

In value terms, Sweden ($X) constituted the largest supplier of self-propelled coal or rock cutters and tunnelling machinery to Germany, comprising 65% of total imports. The second position in the ranking was held by Switzerland ($X), with a 16% share of total imports. It was followed by the Netherlands, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden totaled -23.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-29.4% per year) and the Netherlands (+5.0% per year).

Import Prices by Country

The average self-propelled rock cutter import price stood at $X per unit in 2021, with a decrease of -57.5% against the previous year. In general, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 169%. As a result, import price attained the peak level of $X per unit. From 2020 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 Sweden ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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