Overview of the Global Market for Numerically Controlled Drilling Machines For Working Metal

Market Size for Numerically Controlled Drilling Machines For Working Metal

After five years of growth, the global numerically controlled drilling machine market decreased by -2.1% to $X in 2021. In general, the total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +87.5% against 2015 indices. Global consumption peaked at $X in 2020, and then declined in the following year.

Production of Numerically Controlled Drilling Machines For Working Metal

In value terms, numerically controlled drilling machine production shrank to $X in 2021 estimated in export price. Over the period under review, the total production indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +78.2% against 2016 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 19% against the previous year. Global production peaked at $X in 2020, and then declined in the following year.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports

In 2021, the amount of numerically controlled drilling machines for working metal exported worldwide fell to X tons, shrinking by -13.9% compared with the previous year's figure. In general, exports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 16%. Over the period under review, the global exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, numerically controlled drilling machine exports totaled $X in 2021. Overall, exports continue to indicate a abrupt contraction. The global exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, the Netherlands (X tons) and Taiwan (Chinese) (X tons) were the major exporters of numerically controlled drilling machines for working metalacross the globe, together achieving 52% of total exports. China (X tons) ranks next in terms of the total exports with an 11% share, followed by Germany (5.5%) and Turkey (5.3%). South Korea (X tons), Japan (X tons), Spain (X tons), Italy (X tons), the United States (X tons) and France (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of +25.9%), while the other global leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X) remains the largest numerically controlled drilling machine supplier worldwide, comprising 26% of global exports. The second position in the ranking was held by China ($X), with a 9.7% share of global exports. It was followed by Germany, with a 7.4% share.

From 2012 to 2021, the average annual growth rate of value in Taiwan (Chinese) totaled -3.0%. The remaining exporting countries recorded the following average annual rates of exports growth: China (+10.1% per year) and Germany (-13.8% per year).

Export Prices by Country

In 2021, the average numerically controlled drilling machine export price amounted to $X per ton, picking up by 24% against the previous year. Over the period under review, the export price, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by 24% against the previous year. The global export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.3%), while the other global leaders experienced more modest paces of growth.

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports

In 2021, the amount of numerically controlled drilling machines for working metal imported worldwide skyrocketed to X tons, jumping by 46% on 2020 figures. Overall, imports, however, saw a perceptible slump. Global imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, numerically controlled drilling machine imports rose slightly to $X in 2021. Over the period under review, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 14%. Global imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) was the major importer of numerically controlled drilling machines for working metal, mixing up 44% of total imports. It was distantly followed by China (X tons), generating a 12% share of total imports. Nigeria (X tons), the United States (X tons), Russia (X tons), Austria (X tons), France (X tons), Vietnam (X tons), South Korea (X tons), Turkey (X tons), Taiwan (Chinese) (X tons) and India (X tons) followed a long way behind the leaders.

Imports into the Netherlands increased at an average annual rate of +46.7% from 2012 to 2021. At the same time, Nigeria (+80.3%), Austria (+19.7%) and Vietnam (+5.4%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in the world, with a CAGR of +80.3% from 2012-2021. France and Russia experienced a relatively flat trend pattern. By contrast, Turkey (-2.8%), India (-4.4%), the United States (-7.1%), South Korea (-8.2%), China (-11.1%) and Taiwan (Chinese) (-12.6%) illustrated a downward trend over the same period. While the share of the Netherlands (+43 p.p.), Nigeria (+4.4 p.p.) and Austria (+1.8 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of the United States (-1.6 p.p.), Taiwan (Chinese) (-2.4 p.p.) and China (-14.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported numerically controlled drilling machines for working metal worldwide, comprising 21% of global imports. The second position in the ranking was held by the United States ($X), with a 10% share of global imports. It was followed by Russia, with a 7% share.

In China, numerically controlled drilling machine imports shrank by an average annual rate of -14.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: the United States (-5.1% per year) and Russia (-1.2% per year).

Import Prices by Country

In 2021, the average numerically controlled drilling machine import price amounted to $X per ton, which is down by -30.6% against the previous year. Over the period under review, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 25%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+3.8%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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