United Kingdom: Stone Sawing Machine Market 2024

Stone Sawing Machine Market Size in the UK

After two years of decline, the UK stone sawing machine market increased by 171% to $X in 2021. Overall, consumption enjoyed a notable expansion. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Stone Sawing Machine Production in the UK

In value terms, stone sawing machine production totaled $X in 2021 estimated in export price. Overall, production showed a abrupt slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by 69%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Stone Sawing Machine Exports

Exports from the UK

In 2021, after two years of decline, there was significant growth in overseas shipments of sawing machines for working stone, ceramics and concrete, when their volume increased by 136% to X units. Overall, exports saw a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, stone sawing machine exports surged to $X in 2021. Over the period under review, exports showed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 94%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Ireland (X units) was the main destination for stone sawing machine exports from the UK, accounting for a 33% share of total exports. Moreover, stone sawing machine exports to Ireland exceeded the volume sent to the second major destination, Spain (X units), twofold. The third position in this ranking was held by the Netherlands (X units), with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ireland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+110.1% per year) and the Netherlands (+14.8% per year).

In value terms, Ireland ($X) remains the key foreign market for sawing machines for working stone, ceramics and concrete exports from the UK, comprising 33% of total exports. The second position in the ranking was held by the United States ($X), with a 9% share of total exports. It was followed by Finland, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Ireland stood at +10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+34.3% per year) and Finland (+26.2% per year).

Export Prices by Country

In 2021, the average stone sawing machine export price amounted to $X per unit, declining by -45.2% against the previous year. Overall, the export price, however, posted a perceptible expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 55%. As a result, the export price reached the peak level of $X per unit, and then contracted notably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Malta ($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 the Czech Republic (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Stone Sawing Machine Imports

Imports into the UK

In 2021, purchases abroad of sawing machines for working stone, ceramics and concrete increased by 159% to X units, rising for the second year in a row after two years of decline. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, stone sawing machine imports surged to $X in 2021. In general, imports posted a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X units), China (X units) and Sweden (X units) were the main suppliers of stone sawing machine imports to the UK, with a combined 95% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +40.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest stone sawing machine suppliers to the UK were Sweden ($X), Italy ($X) and Spain ($X), together comprising 71% of total imports.

Spain, with a CAGR of +35.9%, saw 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

In 2021, the average stone sawing machine import price amounted to $X per unit, falling by -24.3% against the previous year. In general, the import price recorded a abrupt slump. The growth pace was the most rapid in 2018 an increase of 61%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average 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 Italy ($X per unit), while the price for China ($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 (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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