United Kingdom: Metal Sawing Machine Market 2024

Metal Sawing Machine Market Size in the UK

The UK metal sawing machine market surged to $X in 2021, jumping by 218% against the previous year. In general, consumption showed a buoyant expansion. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the near future.

Metal Sawing Machine Production in the UK

In value terms, metal sawing machine production stood at $X in 2021 estimated in export price. In general, production, however, showed a deep setback. Metal sawing machine production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Metal Sawing Machine Exports

Exports from the UK

In 2021, shipments abroad of sawing or cutting-off machines for working metal increased by 52% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of 242%. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, metal sawing machine exports declined slightly to $X in 2021. The total export value increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 45% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Ireland (X units), Germany (X units) and Poland (X units) were the main destinations of metal sawing machine exports from the UK, with a combined 71% share of total exports. France, Greece, Belgium, Spain, the United Arab Emirates, Italy and the Netherlands lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +73.5%), while the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X) remains the key foreign market for sawing or cutting-off machines for working metal exports from the UK, comprising 25% of total exports. The second position in the ranking was held by Germany ($X), with a 9.6% share of total exports. It was followed by Poland, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value to Ireland amounted to +19.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+11.9% per year) and Poland (+41.3% per year).

Export Prices by Country

In 2021, the average metal sawing machine export price amounted to $X per unit, falling by -37.2% against the previous year. In general, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of 82% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to France ($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 Netherlands (+17.1%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Sawing Machine Imports

Imports into the UK

In 2021, imports of sawing or cutting-off machines for working metal into the UK soared to X units, rising by 205% on the previous year. In general, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 269%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, metal sawing machine imports surged to $X in 2021. Over the period under review, imports recorded a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) was the main supplier of metal sawing machine to the UK, with a 95% share of total imports. It was followed by Taiwan (Chinese) (X units), with a 1.4% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +17.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+5.6% per year) and Germany (+16.7% per year).

In value terms, China ($X) constituted the largest supplier of sawing or cutting-off machines for working metal to the UK, comprising 52% of total imports. The second position in the ranking was held by Germany ($X), with a 5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.7% per year) and Taiwan (Chinese) (-7.8% per year).

Import Prices by Country

The average metal sawing machine import price stood at $X per unit in 2021, shrinking by -26.9% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 36%. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: 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 China (-4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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