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Report World - Broaching Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Broaching Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Global Metal Broaching Machine Market 2024

Metal Broaching Machine Market Size

For the third year in a row, the global metal broaching machine market recorded growth in sales value, which increased by 13% to $X in 2021. Overall, consumption, however, posted a buoyant expansion. Over the period under review, the global market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Metal Broaching Machine Production

In value terms, metal broaching machine production reduced to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 1.5%. Over the period under review, global production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Metal Broaching Machine Exports

Exports

In 2021, shipments abroad of broaching machines for working metal increased by 19% to X units for the first time since 2012, thus ending a eight-year declining trend. Overall, exports, however, recorded a abrupt shrinkage. Over the period under review, the global exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal broaching machine exports shrank to $X in 2021. Over the period under review, exports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2018 when exports increased by 12%. The global exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

India (X units) and Japan (X units) represented roughly 60% of total exports in 2021. It was distantly followed by the UK (X units), committing a 19% share of total exports. Denmark (X units), Sweden (X units), Spain (X units), the United States (X units) and Taiwan (Chinese) (X units) held a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +46.5%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the largest metal broaching machine supplier worldwide, comprising 27% of global exports. The second position in the ranking was held by the United States ($X), with a 9.3% share of global exports. It was followed by Taiwan (Chinese), with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value in Japan totaled -13.5%. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (-9.7% per year) and Taiwan (Chinese) (-2.9% per year).

Export Prices by Country

The average metal broaching machine export price stood at $X per unit in 2021, declining by -27.8% against the previous year. In general, the export price, however, recorded prominent growth. The pace of growth appeared the most rapid in 2013 an increase of 116%. The global export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while India ($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 UK (+15.2%), while the other global leaders experienced more modest paces of growth.

Metal Broaching Machine Imports

Imports

In 2021, purchases abroad of broaching machines for working metal decreased by -47.9% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2016 when imports increased by 60%. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of global imports remained at a lower figure.

In value terms, metal broaching machine imports contracted rapidly to $X in 2021. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 7.1%. Over the period under review, global imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, India (X units), distantly followed by Indonesia (X units), Slovakia (X units), Italy (X units), Sweden (X units), Venezuela (X units) and the United States (X units) represented the key importers of broaching machines for working metal, together mixing up 58% of total imports. The following importers - Mexico (X units), Bosnia and Herzegovina (X units), Spain (X units), Colombia (X units), Hungary (X units) and Pakistan (X units) - together made up 15% of total imports.

From 2012 to 2021, average annual rates of growth with regard to metal broaching machine imports into India stood at +29.8%. At the same time, Slovakia (+65.2%), Hungary (+50.6%), Sweden (+42.2%), Italy (+27.1%), Bosnia and Herzegovina (+23.6%), Pakistan (+9.0%) and Mexico (+7.5%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in the world, with a CAGR of +65.2% from 2012-2021. By contrast, Colombia (-4.9%), Venezuela (-5.3%), the United States (-6.4%), Spain (-8.6%) and Indonesia (-25.5%) illustrated a downward trend over the same period. While the share of India (+21 p.p.), Slovakia (+6.8 p.p.), Italy (+5.4 p.p.), Sweden (+4.9 p.p.), Bosnia and Herzegovina (+3.2 p.p.), Mexico (+2.8 p.p.), Venezuela (+1.9 p.p.), Hungary (+1.7 p.p.) and the United States (+1.6 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Indonesia (-36.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metal broaching machine importing markets worldwide were the United States ($X), Mexico ($X) and India ($X), with a combined 30% share of global imports. Italy, Indonesia, Spain, Pakistan, Hungary, Venezuela, Slovakia, Sweden, Colombia and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further 11%.

Italy, with a CAGR of +40.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average metal broaching machine import price stood at $X per unit in 2021, rising by 62% against the previous year. Over the period under review, the import price, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 292%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per unit), while Bosnia and Herzegovina ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+18.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Germany, Japan and Mexico, together accounting for 65% of global consumption.
The countries with the highest volumes of in 2021 were Germany, Japan and the UK, with a combined 84% share of global production.
In value terms, the largest metal broaching machine supplying countries worldwide were Japan, Germany and the United States, with a combined 57% share of global exports. These countries were followed by Taiwan Chinese), the UK, South Korea and Belgium, which together accounted for a further 13%.
In value terms, Mexico, South Korea and India appeared to be the countries with the highest levels of imports in 2021, with a combined 29% share of global imports. These countries were followed by Malaysia, Germany, Thailand, Indonesia, Vietnam, Spain and Cambodia, which together accounted for a further 15%.
In 2021, the average metal broaching machine export price amounted to $1,934 per unit, therefore, remained relatively stable against the previous year.
In 2021, the average metal broaching machine import price amounted to $2,314 per unit, rising by 66% against the previous year.

This report provides an in-depth analysis of the global metal broaching machine market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28412410 - Broaching machines for working metal

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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