Overview of the Global Market for Machine-Tools For Working Stone, Ceramics, And Concrete

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete

In 2022, the global market for machine-tools for working stone, ceramics, and concrete decreased by -10.5% to $X, falling for the third year in a row after three years of growth. Over the period under review, the total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -42.5% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the global market remained at a somewhat lower figure.

Production of Machine-Tools For Working Stone, Ceramics, And Concrete

In value terms, machine tools for working stone production stood at $X in 2022 estimated in export price. Overall, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -12.2% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 42% against the previous year. Over the period under review, global production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports

In 2022, global exports of machine-tools for working stone, ceramics, and concrete expanded notably to X units, with an increase of 6.1% against 2021. The total export volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by 19%. Over the period under review, the global exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, machine tools for working stone exports shrank modestly to $X in 2022. Overall, exports, however, showed a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Over the period under review, the global exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) and Italy (X units) represented the main exporters of machine-tools for working stone, ceramics, and concrete in 2022, reaching approx. 38% and 31% of total exports, respectively. Spain (X units), Japan (X units), Germany (X units), Turkey (X units), the United States (X units) and France (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by France (with a CAGR of +383.2%), while the other global leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and Japan ($X) were the countries with the highest levels of exports in 2022, together accounting for 65% of global exports. Germany, Spain, the United States, France and Turkey lagged somewhat behind, together accounting for a further 16%.

France, with a CAGR of +141.1%, saw 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 2022, the average export price for machine-tools for working stone, ceramics, and concrete amounted to $X per unit, reducing by -9.1% against the previous year. In general, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 22% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.2%), while the other global leaders experienced more modest paces of growth.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports

In 2022, purchases abroad of machine-tools for working stone, ceramics, and concrete decreased by -7.4% to X units, falling for the third year in a row after four years of growth. Overall, imports, however, showed mild growth. The most prominent rate of growth was recorded in 2019 when imports increased by 92%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of global imports remained at a lower figure.

In value terms, machine tools for working stone imports reduced to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 67% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of global imports failed to regain momentum.

Imports by Country

In 2022, Nigeria (X units), the United States (X units) and India (X units) was the major importer of machine-tools for working stone, ceramics, and concrete in the world, comprising 32% of total import. China (X units), Vietnam (X units), Brazil (X units), Turkey (X units), Germany (X units), France (X units), Mexico (X units), Russia (X units), the UK (X units) and Canada (X units) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +12.3%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest machine tools for working stone importing markets worldwide were China ($X), India ($X) and the United States ($X), with a combined 35% share of global imports. Brazil, Vietnam, Mexico, Turkey, Canada, the UK, Germany, France, Russia and Nigeria lagged somewhat behind, together comprising a further 28%.

In terms of the main importing countries, the UK, with a CAGR of +11.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for machine-tools for working stone, ceramics, and concrete amounted to $X per unit, approximately reflecting the previous year. Overall, the import price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 64% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 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 China ($X per unit), while Nigeria ($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 (+9.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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