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

World - Honing or Lapping Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Global Metal Honing Machine Market 2024

Metal Honing Machine Market Size

The global metal honing machine market skyrocketed to $X in 2021, jumping by 17% against the previous year. The market value increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the global market attained the maximum level in 2021 and is expected to retain growth in years to come.

Metal Honing Machine Production

In value terms, metal honing machine production shrank modestly to $X in 2021 estimated in export price. In general, production, however, saw a slight shrinkage. The pace of growth appeared the most rapid in 2018 when the production volume increased by 8.4% against the previous year. Global production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Metal Honing Machine Exports

Exports

For the third year in a row, the global market recorded decline in shipments abroad of honing or lapping machines for working metal, which decreased by -2.1% to X units in 2021. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 33% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the global exports remained at a lower figure.

In value terms, metal honing machine exports contracted to $X in 2021. Over the period under review, exports showed a deep slump. The pace of growth appeared the most rapid in 2018 when exports increased by 16% against the previous year. The global exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from the United States (X units), Germany (X units), the UK (X units) and Taiwan (Chinese) (X units), together finishing at 72% of total export. Malaysia (X units) took the next position in the ranking, followed by Italy (X units) and China (X units). All these countries together held near 18% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +75.2%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Taiwan (Chinese) ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 43% share of global exports. The United States, China, the UK and Malaysia lagged somewhat behind, together comprising a further 20%.

Malaysia, with a CAGR of +13.5%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average metal honing machine export price amounted to $X per unit, waning by -6.5% against the previous year. In general, the export price showed a deep setback. The growth pace was the most rapid in 2018 an increase of 12% against the previous year. The global export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+9.3%), while the other global leaders experienced a decline in the export price figures.

Metal Honing Machine Imports

Imports

In 2021, supplies from abroad of honing or lapping machines for working metal increased by 55% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports posted a noticeable expansion. The growth pace was the most rapid in 2013 with an increase of 102%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of global imports remained at a somewhat lower figure.

In value terms, metal honing machine imports reduced to $X in 2021. Over the period under review, imports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2018 with an increase of 36% against the previous year. Over the period under review, global imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the four major importers of honing or lapping machines for working metal, namely Italy, Qatar, Thailand and Canada, represented more than half of total import. It was distantly followed by the UK (X units), Belgium (X units) and Poland (X units), together constituting a 17% share of total imports. Hungary (X units), Iceland (X units), Singapore (X units) and France (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Belgium (with a CAGR of +67.1%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Thailand ($X) constitutes the largest market for imported honing or lapping machines for working metal worldwide, comprising 6% of global imports. The second position in the ranking was held by Italy ($X), with a 2.3% share of global imports. It was followed by France, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value in Thailand amounted to -14.1%. The remaining importing countries recorded the following average annual rates of imports growth: Italy (-0.1% per year) and France (+15.0% per year).

Import Prices by Country

In 2021, the average metal honing machine import price amounted to $X per unit, waning by -42.3% against the previous year. Over the period under review, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 31%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+16.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The United States remains the largest metal honing machine consuming country worldwide, accounting for 30% of total volume. Moreover, metal honing machine consumption in the United States exceeded the figures recorded by the second-largest consumer, Italy, threefold. The third position in this ranking was occupied by Japan, with an 8.3% share.
The United States constituted the country with the largest volume of metal honing machine production, comprising approx. 41% of total volume. Moreover, metal honing machine production in the United States exceeded the figures recorded by the second-largest producer, Japan, threefold. The third position in this ranking was occupied by Taiwan Chinese), with a 12% share.
In value terms, Germany, Japan and Italy constituted the countries with the highest levels of exports in 2021, together comprising 53% of global exports. These countries were followed by Taiwan Chinese), the United States, Switzerland and Malaysia, which together accounted for a further 25%.
In value terms, China constitutes the largest market for imported honing or lapping machines for working metal worldwide, comprising 37% of global imports. The second position in the ranking was occupied by Thailand, with a 5.6% share of global imports. It was followed by Germany, with a 3.3% share.
In 2021, the average metal honing machine export price amounted to $2,686 per unit, shrinking by -7.7% against the previous year.
The average metal honing machine import price stood at $2,195 per unit in 2021, falling by -23.8% against the previous year.

This report provides an in-depth analysis of the global metal honing 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 28412385 - Honing or lapping 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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