Global Stone Sawing Machine Market 2024

Stone Sawing Machine Market Size

In 2021, the global stone sawing machine market increased by 16% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption recorded a relatively flat trend pattern. Global consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Stone Sawing Machine Production

In value terms, stone sawing machine production surged to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 22% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, global production growth remained at a lower figure.

Stone Sawing Machine Exports

Exports

In 2021, overseas shipments of sawing machines for working stone, ceramics and concrete increased by 30% to X units, rising for the second consecutive year after two years of decline. Overall, total exports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +84.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 41% against the previous year. The global exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, stone sawing machine exports surged to $X in 2021. The total export value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the main exporter of sawing machines for working stone, ceramics and concrete in the world, with the volume of exports accounting for X units, which was near 55% of total exports in 2021. The Netherlands (X units) held the second position in the ranking, followed by Italy (X units) and India (X units). All these countries together held near 33% share of total exports. Spain (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to stone sawing machine exports from China stood at -1.0%. At the same time, India (+67.1%), Italy (+16.0%), the Netherlands (+15.0%) and Spain (+3.7%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +67.1% from 2012-2021. The Netherlands (+10 p.p.), India (+6.8 p.p.) and Italy (+6.4 p.p.) significantly strengthened its position in terms of the global exports, while China saw its share reduced by -25% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), China ($X) and Spain ($X) constituted the countries with the highest levels of exports in 2021, with a combined 64% share of global exports.

In terms of the main exporting countries, Spain, with a CAGR of +19.4%, saw the highest rates of growth with regard to the value of exports, 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 stone sawing machine export price amounted to $X per unit, declining by -7.5% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 37% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+15.1%), while the other global leaders experienced mixed trends in the export price figures.

Stone Sawing Machine Imports

Imports

In 2021, approx. X units of sawing machines for working stone, ceramics and concrete were imported worldwide; increasing by 30% compared with the year before. Overall, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, stone sawing machine imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States represented the key importer of sawing machines for working stone, ceramics and concrete in the world, with the volume of imports recording X units, which was approx. 43% of total imports in 2021. It was distantly followed by the Netherlands (X units), India (X units), the UK (X units) and Canada (X units), together comprising a 37% share of total imports. Germany (X units) held a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to stone sawing machine imports into the United States stood at +19.3%. At the same time, India (+43.3%), the UK (+21.8%), the Netherlands (+12.2%) and Germany (+4.5%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +43.3% from 2012-2021. By contrast, Canada (-3.7%) illustrated a downward trend over the same period. While the share of the United States (+25 p.p.), India (+9.6 p.p.), the UK (+3.9 p.p.) and the Netherlands (+3.8 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Canada (-9.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported sawing machines for working stone, ceramics and concrete worldwide, comprising 26% of global imports. The second position in the ranking was held by Canada ($X), with a 5.2% share of global imports. It was followed by Germany, with a 5.2% share.

In the United States, stone sawing machine imports increased at an average annual rate of +10.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Canada (+3.5% per year) and Germany (+3.7% per year).

Import Prices by Country

In 2021, the average stone sawing machine import price amounted to $X per unit, approximately mirroring the previous year. Overall, the import price, however, continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2014 an increase of 33%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per unit), while the Netherlands ($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 (+7.5%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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