Which Country Exports the Most Drilling Machine-Tools in the World?

Metal-Forming Machinery And Machine Tools May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

Global machine-tool for drilling exports amounted to 184K tonnes in 2016, waning by -6.7% against the previous year figure. Overall, machine-tool for drilling exports continue to indicate a significant downturn. The most prominent rate of growth was recorded in 2011, when export increased by 10% against the previous year level. In that year, global machine-tool for drilling exports attained its maximum volume of 265K tonnes. From 2012 to 2016, growth of global machine-tool for drilling exports stood at a somewhat lower level.

In value terms, machine-tool for drilling exports amounted to $2.7B in 2016. In general, machine-tool for drilling exports continue to indicate a drastic curtailment. Global machine-tool for drilling export peaked of $4.9B in 2008; however, from 2009 to 2016, it failed to regain its strength.

Top Machine-Tool For Drilling Exporting Countries in the World

1. Germany (595.1 million USD)

2. Italy (397.0 million USD)

3. Japan (206.3 million USD)

4. Spain (172.9 million USD)

5. Switzerland (124.8 million USD)

6. South Korea (85.8 million USD)

7. Czech Republic (72.2 million USD)

8. Poland (56.2 million USD)

9. Netherlands (50.4 million USD)

10. France (48.0 million USD)

11. United Kingdom (36.4 million USD)

Machine-Tool For Drilling Exports By Country

In 2016, Italy (36K tonnes), the Netherlands (33K tonnes), and Germany (33K tonnes) were the key exporters of machine-tool for drilling in the world, committing 56% of total export. Japan (20K tonnes) took a 11% share (based on tonnes) of global machine-tool for drilling exports, which put it in second place, following Spain (5%). South Korea (7.1K tonnes), Czech Republic (6.7K tonnes), Switzerland (4.9K tonnes), the UK (4.4K tonnes), France (3.7K tonnes), and Poland (3.3K tonnes) followed a long way behind this figure.

From 2007 to 2016, the most notable growth rate of machine-tool for drilling exports, among the main exporting countries, was attained by the Netherlands (+33.2% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest machine-tool for drilling markets worldwide were Germany ($595M), Italy ($397M) and Japan ($206M), with a combined 45% share of global exports. These countries were followed by Spain, Switzerland, South Korea, Czech Republic, Poland, the Netherlands, France and the UK, which together accounted for a further 24%.

Poland (+19.9% per year) recorded the highest rates of growth with regard to the machine-tool for drilling exports, among the main exporting countries, over the last 9 years, while the other global leaders experienced mixed trends in the exports figures.

Machine-Tool For Drilling Export Prices By Country

The average machine-tool for drilling export price stood at $15 per kg in 2016, going down by -5.7% against the previous year. Overall, machine-tool for drilling export price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2008, an increase of 21% from the previous year level. In that year, average machine-tool for drilling export price attained its maximum level of $20 per kg. From 2009 to 2016, growth of average machine-tool for drilling export price stood at a somewhat lower level.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Switzerland ($26 per kg), while the Netherlands ($1,520 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of machine-tool for drilling export prices was attained by Poland (+8.6% per year), while the other global leaders experienced more modest paces of growth.

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  • machine-tool for drilling import
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  • machine-tool for drilling market forecast
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All data provided in this article covers the following product: HS Code 8459 - Machine-tools; (including way-type unit head machines) for drilling, boring, milling, threading or tapping by removing metal, other than lathes of heading no. 8458.

Source: World: Machine-Tools For Drilling, Boring Or Milling Metal - Market Report. Analysis and Forecast to 2025