United Kingdom: Non-Hydraulic Press Market 2024

Non-Hydraulic Press Market Size in the UK

In 2021, after two years of growth, there was significant decline in the UK non-hydraulic press market, when its value decreased by -56.2% to $X. In general, consumption saw a drastic downturn. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Non-Hydraulic Press Production in the UK

In value terms, non-hydraulic press production reached $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced contraction. The growth pace was the most rapid in 2015 when the production volume increased by 185%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Non-Hydraulic Press Exports

Exports from the UK

In 2021, overseas shipments of non-hydraulic presses for working metal decreased by -11.6% to X units, falling for the third consecutive year after two years of growth. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 559%. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-hydraulic press exports shrank significantly to $X in 2021. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 198% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X units), the Netherlands (X units) and Israel (X units) were the main destinations of non-hydraulic press exports from the UK, together accounting for 53% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +59.8%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the key foreign market for non-hydraulic presses for working metal exports from the UK, comprising 63% of total exports. The second position in the ranking was taken by the United States ($X), with a 12% share of total exports. It was followed by Canada, with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Brazil stood at +40.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+15.3% per year) and Canada (+27.1% per year).

Export Prices by Country

In 2021, the average non-hydraulic press export price amounted to $X per unit, reducing by -6.9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 185% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to Israel ($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 Greece (+2,261.3%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Hydraulic Press Imports

Imports into the UK

In 2021, the amount of non-hydraulic presses for working metal imported into the UK dropped notably to X units, falling by -61.6% against the year before. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of 129% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, non-hydraulic press imports reduced to $X in 2021. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 104%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and the United States (X units) were the main suppliers of non-hydraulic press imports to the UK, together accounting for 90% of total imports. These countries were followed by Turkey and Japan, which together accounted for a further 8.3%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +25.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and Japan ($X) appeared to be the largest non-hydraulic press suppliers to the UK, together accounting for 29% of total imports.

China, with a CAGR of +6.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-hydraulic press import price stood at $X per unit in 2021, jumping by 155% against the previous year. In general, the import price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 194%. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :