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Report World - Machine-Tools for Drilling, Boring or Milling Metal - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Machine-Tools for Drilling, Boring or Milling Metal - Market Analysis, Forecast, Size, Trends and Insights

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Global Machine-Tool For Drilling Market 2024

Machine-Tool For Drilling Market Size

In 2022, the global machine-tool for drilling market decreased by -3.8% to $X, falling for the third year in a row after three years of growth. In general, consumption showed a relatively flat trend pattern. Over the period under review, the global market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Machine-Tool For Drilling Production

In value terms, machine-tool for drilling production dropped to $X in 2022 estimated in export price. In general, production, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume increased by 17%. Over the period under review, global production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Machine-Tool For Drilling Exports

Exports

In 2022, the amount of machine-tools for drilling, boring or milling metal exported worldwide fell rapidly to X units, waning by -15.8% against the year before. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by 22% against the previous year. Over the period under review, the global exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, machine-tool for drilling exports reduced to $X in 2022. Over the period under review, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. The global exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China prevails in exports structure, amounting to X units, which was near 69% of total exports in 2022. Taiwan (Chinese) (X units), Denmark (X units), the UK (X units), Germany (X units), the United States (X units) and Austria (X units) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to machine-tool for drilling exports from China stood at +3.2%. At the same time, Denmark (+43.2%), Austria (+16.6%) and the UK (+3.4%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in the world, with a CAGR of +43.2% from 2012-2022. Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, the United States (-6.9%) and Germany (-9.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and Denmark increased by +15 and +3.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest machine-tool for drilling supplying countries worldwide were Germany ($X), China ($X) and Taiwan (Chinese) ($X), together accounting for 46% of global exports.

China, with a CAGR of +4.4%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average machine-tool for drilling export price amounted to $X per unit, with an increase of 9.3% against the previous year. Overall, the export price, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Denmark ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the other global leaders experienced mixed trends in the export price figures.

Machine-Tool For Drilling Imports

Imports

In 2022, approx. X units of machine-tools for drilling, boring or milling metal were imported worldwide; declining by -6.4% against the previous year's figure. Over the period under review, imports saw a slight decrease. The pace of growth was the most pronounced in 2017 with an increase of 36% against the previous year. Global imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, machine-tool for drilling imports contracted slightly to $X in 2022. Overall, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2018 with an increase of 18% against the previous year. Over the period under review, global imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Canada (X units), the United States (X units), Spain (X units), Thailand (X units), Germany (X units), Denmark (X units), the UK (X units), Brazil (X units), Russia (X units), France (X units), the Netherlands (X units) and Italy (X units) was the largest importer of machine-tools for drilling, boring or milling metal in the world, comprising 61% of total import. Australia (X units) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +31.1%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest machine-tool for drilling importing markets worldwide were the United States ($X), Germany ($X) and Italy ($X), with a combined 25% share of global imports. France, Thailand, Canada, the UK, Russia, the Netherlands, Australia, Spain, Brazil and Denmark lagged somewhat behind, together comprising a further 23%.

Denmark, with a CAGR of +9.8%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average machine-tool for drilling import price amounted to $X per unit, with an increase of 6.1% against the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2016 an increase of 26% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while Denmark ($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 Netherlands (+6.9%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of machine-tool for drilling consumption was China, accounting for 27% of total volume. Moreover, machine-tool for drilling consumption in China exceeded the figures recorded by the second-largest consumer, Japan, fourfold. The third position in this ranking was occupied by India, with a 6.9% share.
The countries with the highest volumes of machine-tool for drilling production in 2021 were China, the Netherlands and Japan, with a combined 56% share of global production.
In value terms, the largest machine-tool for drilling importing markets worldwide were the United States, China and Germany, with a combined 26% share of global imports. Vietnam, Italy, Turkey, Austria, Russia, the Netherlands, the UK, India, South Korea and Indonesia lagged somewhat behind, together comprising a further 33%.
The average machine-tool for drilling export price stood at $5,222 per ton in 2021, declining by -17.7% against the previous year.
In 2021, the average machine-tool for drilling import price amounted to $9,507 per ton, falling by -8.3% against the previous year.

This report provides an in-depth analysis of the global machine-tool for drilling market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)
  • Prodcom 28412217 - Numerically controlled knee-type milling machines for working metal (excluding boring-milling machines)
  • Prodcom 28412223 - Numerically controlled tool-milling machines for working metal (excluding boring-milling machines, knee-type machines)
  • Prodcom 28412225 - Numerically controlled milling machines for working metal (including plano-milling machines) (excluding boring-milling machines, knee-type, tool-milling machines)
  • Prodcom 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
  • Prodcom 28412235 - Non-numerically controlled drilling machines for working metal (excluding way-type unit head machines)
  • Prodcom 28412240 - Numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
  • Prodcom 28412260 - Non-numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
  • Prodcom 28412270 - Non-numerically controlled milling machines for working metal (excluding boring-milling machines)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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