United Kingdom: Market for Machines For The Manufacture Of Flat Panel Displays 2022

Market Size for Machines For The Manufacture Of Flat Panel Displays in the UK

The UK panel display manufacturing machine market reduced remarkably to $X in 2021, which is down by -80.6% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Panel display manufacturing machine consumption peaked at $X in 2020, and then fell notably in the following year.

Production of Machines For The Manufacture Of Flat Panel Displays in the UK

In value terms, panel display manufacturing machine production fell to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2017 with an increase of 403%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Machines For The Manufacture Of Flat Panel Displays

Exports from the UK

In 2021, the amount of machines for the manufacture of flat panel displays exported from the UK surged to X units, growing by 200% on the year before. In general, exports, however, recorded a dramatic descent. The most prominent rate of growth was recorded in 2015 when exports increased by 2,177% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, panel display manufacturing machine exports skyrocketed to $X in 2021. Overall, exports, however, showed a significant curtailment. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Switzerland (X units), Poland (X units) and the United Arab Emirates (X units) were the main destinations of panel display manufacturing machine exports from the UK, together accounting for 67% of total exports. Moreover, panel display manufacturing machine exports in Switzerland exceeded the figures recorded by the second-largest exporter, Poland, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +8.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Switzerland ($X) and China ($X) appeared to be the largest markets for panel display manufacturing machine exported from the UK worldwide, together comprising 55% of total exports. Poland and the United Arab Emirates lagged somewhat behind, together comprising a further 1%.

Poland, with a CAGR of +22.2%, recorded the highest growth rate of the value of exports, in terms of 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 panel display manufacturing machine export price amounted to $X per unit, growing by 179% against the previous year. In general, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 2,703% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to the United Arab Emirates ($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 Taiwan (Chinese) (+46.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines For The Manufacture Of Flat Panel Displays

Imports into the UK

In 2021, after two years of growth, there was significant decline in purchases abroad of machines for the manufacture of flat panel displays, when their volume decreased by -85.9% to X units. Overall, imports saw a abrupt decline. The growth pace was the most rapid in 2013 when imports increased by 164% against the previous year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, panel display manufacturing machine imports rose significantly to $X in 2021. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of 196%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Switzerland (X units), China (X units) and the United States (X units) were the main suppliers of panel display manufacturing machine imports to the UK.

From 2012 to 2021, the biggest increases were in Switzerland (with a CAGR of 0.0%), while purchases for the other leaders experienced a decline.

In value terms, Switzerland ($X) constituted the largest supplier of panel display manufacturing machine to the UK, comprising 62% of total imports. The second position in the ranking was held by the United States ($X), with an 18% share of total imports. It was followed by China, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value from Switzerland totaled +72.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-32.2% per year) and China (-4.9% per year).

Import Prices by Country

In 2021, the average panel display manufacturing machine import price amounted to $X per unit, picking up by 684% against the previous year. In general, the import price, however, recorded a perceptible slump. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, 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 Germany ($X per unit), while the price for China ($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 United States (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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