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

World - Machine Tools for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Overview of the Global Market for Machine Tools For Working Metal

Market Size for Machine Tools For Working Metal

The global machine-tool for working metal market fell slightly to $X in 2021, standing approx. at the previous year. Overall, consumption showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 7.1%. Global consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Machine Tools For Working Metal

In value terms, machine-tool for working metal production reduced modestly to $X in 2021 estimated in export price. Overall, production saw a perceptible decline. The pace of growth appeared the most rapid in 2014 when the production volume increased by 2.8% against the previous year. Global production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Machine Tools For Working Metal

Exports

In 2021, global machine-tool for working metal exports skyrocketed to X units, growing by 33% against the previous year. In general, exports, however, showed a mild slump. Over the period under review, the global exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, machine-tool for working metal exports soared to $X in 2021. Overall, exports, however, continue to indicate a mild slump. Over the period under review, the global exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China was the key exporting country with an export of about X units, which amounted to 33% of total exports. It was distantly followed by Germany (X units), the Netherlands (X units), Italy (X units), Belgium (X units) and Taiwan (Chinese) (X units), together constituting a 32% share of total exports. The United States (X units), Turkey (X units), South Korea (X units), Spain (X units), Austria (X units), the UK (X units) and Hong Kong SAR (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to machine-tool for working metal exports from China stood at +12.1%. At the same time, Belgium (+25.7%), Turkey (+20.0%), Hong Kong SAR (+14.7%), the Netherlands (+9.0%) and Italy (+6.6%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the world, with a CAGR of +25.7% from 2012-2021. Austria experienced a relatively flat trend pattern. By contrast, the United States (-3.9%), Spain (-4.7%), Germany (-5.3%), Taiwan (Chinese) (-7.5%), South Korea (-12.7%) and the UK (-19.9%) illustrated a downward trend over the same period. While the share of China (+22 p.p.), Belgium (+4.6 p.p.), the Netherlands (+4.4 p.p.), Italy (+3 p.p.) and Turkey (+2.9 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Germany (-3.9 p.p.), Taiwan (Chinese) (-3.9 p.p.), South Korea (-6.1 p.p.) and the UK (-10.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Italy ($X) and China ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 39% of global exports. These countries were followed by South Korea, Turkey, the United States, Taiwan (Chinese), Austria, the UK, Belgium, Spain, the Netherlands and Hong Kong SAR, which together accounted for a further 36%.

Among the main exporting countries, Turkey, with a CAGR of +7.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average machine-tool for working metal export price amounted to $X per unit, which is down by -5.2% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 62%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Italy ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+29.8%), while the other global leaders experienced more modest paces of growth.

Imports of Machine Tools For Working Metal

Imports

In 2021, approx. X units of machine tools for working metal were imported worldwide; increasing by 39% on 2020 figures. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, global imports reached the peak figure at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, machine-tool for working metal imports surged to $X in 2021. In general, imports, however, showed a noticeable reduction. Global imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Canada (X units) and the UK (X units) were the key importers of machine tools for working metalin the world, together achieving 30% of total imports. The United States (X units) ranks next in terms of the total imports with a 7.4% share, followed by Thailand (4.5%). Germany (X units), Belgium (X units), the Netherlands (X units), China (X units), Russia (X units), Poland (X units), Australia (X units), France (X units) and Hungary (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +25.9%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Germany ($X) were the countries with the highest levels of imports in 2021, together comprising 29% of global imports. Russia, Canada, Thailand, France, Poland, Australia, the UK, Belgium, Hungary and the Netherlands lagged somewhat behind, together comprising a further 20%.

Among the main importing countries, the Netherlands, with a CAGR of +6.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average machine-tool for working metal import price amounted to $X per unit, declining by -12.9% against the previous year. Overall, the import price saw a mild setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 16% against the previous year. Global import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was China ($X per unit), while the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+16.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of machine-tool for working metal consumption in 2020 were India, China and South Korea, together comprising 52% of global consumption.
The countries with the highest volumes of machine-tool for working metal production in 2020 were China, India and South Korea, with a combined 61% share of global production. Japan, Germany, the United States, the Netherlands, Pakistan, Russia and Turkey lagged somewhat behind, together comprising a further 24%.
In value terms, Germany, Italy and China constituted the countries with the highest levels of exports in 2020, with a combined 41% share of global exports.
In value terms, the United States, China and Mexico were the countries with the highest levels of imports in 2020, with a combined 31% share of global imports. Germany, India, Vietnam, Russia, Canada, Italy, Brazil, the UK, Egypt and Algeria lagged somewhat behind, together accounting for a further 25%.
The average machine-tool for working metal export price stood at $3,090 per unit in 2020, declining by -5% against the previous year.
The average machine-tool for working metal import price stood at $3,332 per unit in 2020, reducing by -3.2% against the previous year.

This report provides an in-depth analysis of the global market for machine-tool for working metal. 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 28413120 - Numerically controlled bending, folding, straightening or flattening machines for working flat metal products (including presses)
  • Prodcom 28413140 - Numerically controlled bending, folding, straightening or flattening machines for working metal (including presses) (excluding those for working flat metal products)
  • Prodcom 28413160 - Non-numerically controlled bending, folding, straightening or flattening machines for working flat metal products (including presses)
  • Prodcom 28413180 - Non-numerically controlled bending, folding, straightening or flattening machines for working metal (including presses) (excluding those for working flat metal products)
  • Prodcom 28413220 - Numerically controlled shearing machines for working metal (including presses) (excluding combined punching and shearing machines)
  • Prodcom 28413240 - Numerically controlled punching or notching machines for working metal (including presses, combined punching and shearing machines)
  • Prodcom 28413260 - Non-numerically controlled shearing machines for working metal (including presses) (excluding combined punching and shearing machines)
  • Prodcom 28413280 - Non-numerically controlled punching or notching machines for working metal (including presses, combined punching and shearing machines)
  • Prodcom 28413310 - Numerically controlled forging or die-stamping machines and hammers for working metal (including presses)
  • Prodcom 28413320 - Non-numerically controlled forging or die-stamping machines and hammers for working metal (including presses)
  • Prodcom 28413330 -
  • Prodcom 28413340 -
  • Prodcom 28413370 -
  • Prodcom 28413380 -

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

Company coverage:

Thomasnet, De Boer Tool Ltd., USATCO/US Air Tool Co., CS Unitec, SCHENCK USA CORP, SSP Fittings Corp., AmeriStar Mfg., PSM Industries, Suncor Stainless, Sutton-Garten Co., Royal Products, Nitto Kohki, DEPRAG USA, SC Manufacturing Texas LLC, Scot Forge, TrueForge, MachineMfg, ScienceDirect Topics, Reliance Foundry, Buffalo Machines, Phoenix Inc., National Machine Tool Co., Stegman Tool Co.

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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