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

World - Grinding and Sharpening Metal Finishing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Overview of the Global Market for Grinding And Sharpening Metal Finishing Machines

Market Size for Grinding And Sharpening Metal Finishing Machines

The global grinding and sharpening machine market totaled $X in 2022, surging by 4.6% against the previous year. Overall, consumption saw buoyant growth. Global consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Grinding And Sharpening Metal Finishing Machines

In value terms, grinding and sharpening machine production declined to $X in 2022 estimated in export price. Over the period under review, production posted strong growth. The growth pace was the most rapid in 2018 when the production volume increased by 60%. Global production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Grinding And Sharpening Metal Finishing Machines

Exports

In 2022, overseas shipments of grinding and sharpening metal finishing machines decreased by -16.3% to X units, falling for the third consecutive year after three years of growth. In general, total exports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -29.9% against 2019 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 66%. The global exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, grinding and sharpening machine exports amounted to $X in 2022. Overall, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. Over the period under review, the global exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X units) and Germany (X units) were the major exporters of grinding and sharpening metal finishing machines in 2022, resulting at near 31% and 22% of total exports, respectively. Spain (X units) took a 7.5% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (7.4%) and Austria (5.4%). The following exporters - Sweden (X units), the United States (X units), Taiwan (Chinese) (X units), Italy (X units), Poland (X units), the Czech Republic (X units), France (X units) and India (X units) - together made up 16% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Spain (with a CAGR of +25.9%), while the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest grinding and sharpening machine supplier worldwide, comprising 18% of global exports. The second position in the ranking was held by China ($X), with an 8.9% share of global exports. It was followed by Taiwan (Chinese), with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany stood at -15.4%. In the other countries, the average annual rates were as follows: China (+0.4% per year) and Taiwan (Chinese) (-6.1% per year).

Export Prices by Country

The average grinding and sharpening machine export price stood at $X per unit in 2022, jumping by 22% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The growth pace was the most rapid in 2021 an increase of 39% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, 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) ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the other global leaders experienced a decline in the export price figures.

Imports of Grinding And Sharpening Metal Finishing Machines

Imports

After five years of growth, supplies from abroad of grinding and sharpening metal finishing machines decreased by -8.7% to X units in 2022. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 41%. Over the period under review, global imports reached the peak figure at X units in 2021, and then declined in the following year.

In value terms, grinding and sharpening machine imports rose remarkably to $X in 2022. In general, imports showed a abrupt slump. The growth pace was the most rapid in 2018 when imports increased by 14%. Global imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of grinding and sharpening machine imports in 2022 were Russia (X units), Germany (X units), Spain (X units), the Netherlands (X units), France (X units), Austria (X units), the United States (X units), Canada (X units), the UK (X units), Poland (X units), the Czech Republic (X units) and Turkey (X units), together recording 71% of total import. Italy (X units) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Turkey (with a CAGR of +19.1%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest grinding and sharpening machine importing markets worldwide were the United States ($X), Germany ($X) and Italy ($X), with a combined 18% share of global imports. Russia, Turkey, Canada, France, the UK, Poland, Austria, the Czech Republic, Spain and the Netherlands lagged somewhat behind, together accounting for a further 14%.

The Netherlands, with a CAGR of -0.6%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Import Prices by Country

The average grinding and sharpening machine import price stood at $X per unit in 2022, picking up by 15% against the previous year. In general, the import price, however, showed a abrupt decrease. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-5.1%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of grinding and sharpening machine consumption, accounting for 40% of total volume. Moreover, grinding and sharpening machine consumption in China exceeded the figures recorded by the second-largest consumer, South Africa, fourfold. The United States ranked third in terms of total consumption with a 5.5% share.
China remains the largest grinding and sharpening machine producing country worldwide, comprising approx. 55% of total volume. Moreover, grinding and sharpening machine production in China exceeded the figures recorded by the second-largest producer, Germany, tenfold. The third position in this ranking was occupied by the United States, with a 5.1% share.
In value terms, Switzerland remains the largest grinding and sharpening machine supplier worldwide, comprising 28% of global exports. The second position in the ranking was occupied by Japan, with a 13% share of global exports. It was followed by Germany, with a 13% share.
In value terms, the largest grinding and sharpening machine importing markets worldwide were the United States, Germany and France, with a combined 11% share of global imports. These countries were followed by Russia, Canada, Nigeria, the UK, Austria, the Netherlands, Ukraine, Hungary and South Africa, which together accounted for a further 7.7%.
The average grinding and sharpening machine export price stood at $547 per unit in 2021, surging by 16% against the previous year.
The average grinding and sharpening machine import price stood at $377 per unit in 2021, surging by 38% against the previous year.

This report provides an in-depth analysis of the global market for grinding and sharpening machine. 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 28412305 - Numerically controlled flat-surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
  • Prodcom 28412315 - Numerically controlled cylindrical surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
  • Prodcom 28412325 - Other numerically controlled grinding machines in which the positioning in any one axis can be set up to accuracy > 0,01 mm
  • Prodcom 28412335 - Non-numerically controlled flat-surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
  • Prodcom 28412345 - Non-numerically controlled cylindrical surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
  • Prodcom 28412355 - Grinding machines for working metal, any one axis can be set to an accuracy . 0,01 mm excluding flat-surface grinding machines, cylindrical surface grinding machines
  • Prodcom 28412365 - Numerically controlled sharpening (tool or cutter grinding) m achines for working metal
  • Prodcom 28412375 - Non-numerically controlled sharpening (tool or cutter grinding) 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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