Malta: Electro-Mechanical Tool Market 2020

Electro-Mechanical Tool Market Size in Malta

The revenue of the electro-mechanical tool market in Malta amounted to $X in 2018, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, electro-mechanical tool consumption, however, continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2017 when the market value increased by X% y-o-y. In that year, the electro-mechanical tool market reached its peak level of $X, and then declined slightly in the following year.

Electro-Mechanical Tool Exports

Exports from Malta

Electro-mechanical tool exports from Malta amounted to X units in 2018, surging by X% against the previous year. Overall, electro-mechanical tool exports continue to indicate extraordinary growth. The growth pace was the most rapid in 2018 when exports increased by X% y-o-y. In that year, electro-mechanical tool exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, electro-mechanical tool exports totaled $X in 2018. Over the period under review, electro-mechanical tool exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. In that year, electro-mechanical tool exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

China was the main exporter of electro-mechanical tools in the world, with the volume of exports finishing at X units, which was approx. X% of total exports in 2018. Germany (X units) ranks second in terms of the total exports with a X% share, followed by Mexico (X%). Belgium (X units), Austria (X units), Hungary (X units), Malaysia (X units), the Netherlands (X units), the U.S. (X units), Romania (X units) and the Czech Republic (X units) took a little share of total exports.

China experienced a relatively flat trend pattern of electro-mechanical tools exports. At the same time, Romania (+X%), Austria (+X%), Malaysia (+X%), Hungary (+X%), the Netherlands (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Belgium, Mexico and the Czech Republic experienced a relatively flat trend pattern. By contrast, Germany (-X%) illustrated a downward trend over the same period. China (+X p.p.), Austria (+X p.p.), Hungary (+X p.p.) and Malaysia (+X p.p.) significantly strengthened its position in terms of the global exports, while Germany saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest electro-mechanical tool supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by Mexico, with a X% share.

In China, electro-mechanical tool exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Germany (-X% per year) and Mexico (-X% per year).

Export Prices by Country

In 2018, the electro-mechanical tool export price in Malta amounted to $X per unit, coming down by -X% against the previous year. In general, the electro-mechanical tool export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. In that year, the export prices for electro-mechanical tools reached their peak level of $X per unit, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Electro-Mechanical Tool Imports

Imports into Malta

Electro-mechanical tool imports into Malta amounted to X units in 2018, growing by X% against the previous year. In general, electro-mechanical tool imports continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Over the period under review, electro-mechanical tool imports attained their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, electro-mechanical tool imports amounted to $X in 2018. In general, electro-mechanical tool imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. In that year, electro-mechanical tool imports reached their peak of $X, and then declined slightly in the following year.

Imports by Country

In 2018, the U.S. (X units), distantly followed by Germany (X units), Russia (X units), the UK (X units), France (X units) and the Netherlands (X units) were the major importers of electro-mechanical tools, together constituting X% of total imports. Belgium (X units), Poland (X units), Canada (X units), Australia (X units), Italy (X units) and Japan (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to electro-mechanical tool imports into the U.S. stood at +X%. At the same time, the Netherlands (+X%), Russia (+X%), Australia (+X%), Poland (+X%), Germany (+X%), the UK (+X%), Japan (+X%), Canada (+X%) and France (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Italy experienced a relatively flat trend pattern. By contrast, Belgium (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.), Germany (+X p.p.), the Netherlands (+X p.p.) and Russia (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported electro-mechanical tools into Malta, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. stood at +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The electro-mechanical tool import price in Malta stood at $X per unit in 2018, declining by -X% against the previous year. In general, the electro-mechanical tool import price, however, continues to indicate a modest expansion. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the import prices for electro-mechanical tools attained their maximum at $X per unit in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Canada ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform