Which Country Exports the Most Machine-Tools For Removing Material in the World?

Metal-Forming Machinery And Machine Tools May 28, 2018
Author: Anna Sergeeva
Market Analyst

In 2016, approx. 132K tonnes of machine-tool for removing material were exported worldwide; descending by -4.8% against the previous year figure. Overall, machine-tool for removing material exports continue to indicate a deep curtailment. The growth pace was the most rapid in 2012, when export increased by 32% year-to-year. Over the period under review, global machine-tool for removing material exports attained its maximum volume of 269K tonnes in 2007; however, from 2008 to 2016, it stood at a somewhat lower level.

In value terms, machine-tool for removing material exports amounted to $5.7B in 2016. Overall, it indicated a mild increase from 2007 to 2016: the total exports value decreased at an average annual rate of -7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, machine-tool for removing material exports decreased by -6.7% against its level of 2014. Over the period under review, global machine-tool for removing material exports reached its maximum level of $6.1B in 2014; however, from 2015 to 2016, it failed to regain its strength.

Top Machine-Tool For Removing Material Exporting Countries in the World

1. Germany (1,144.3 million USD)

2. Switzerland (856.0 million USD)

3. Japan (805.7 million USD)

4. Italy (327.4 million USD)

5. Turkey (99.5 million USD)

6. United Kingdom (64.6 million USD)

7. Netherlands (50.4 million USD)

Machine-Tool For Removing Material Exports By Country

Germany (26K tonnes), Japan (23K tonnes), Switzerland (23K tonnes), the Netherlands (19K tonnes), and Italy (14K tonnes) represented roughly 79% of total exports of machine-tool for removing material in 2016. It was distantly followed by Turkey (6.5K tonnes), comprising 5% share of total machine-tool for removing material exports. The following exporters - the UK (4.7K tonnes) took approx. 4% of total exports, each.

From 2007 to 2016, the most notable growth rate of machine-tool for removing material exports, among the main exporting countries, was attained by Turkey (+33.3% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest machine-tool for removing material markets worldwide were Germany ($1.1B), Switzerland ($856M) and Japan ($806M), with a combined 49% share of global exports. These countries were followed by Italy, Turkey, the UK and the Netherlands, which together accounted for a further 10%.

Turkey (+34.5% per year) experienced the highest rates of growth with regard to the machine-tool for removing material exports, among the main exporting countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Machine-Tool For Removing Material Export Prices By Country

In 2016, the average export price for machine-tool for removing material amounted to $43 per kg, coming up by 5% against the previous year. In general, machine-tool for removing material export price continues to indicate a prominent growth. The pace of growth appeared the most rapid in 2014, when export price increased by 44% from the previous year level. Over the period under review, average machine-tool for removing material export price reached its maximum level in 2016, and is expected to retain its growth in the immediate term.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Germany ($44 per kg), while the Netherlands ($2,692 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of machine-tool for removing material export prices was attained by the Netherlands (+35.1% per year), while the other global leaders experienced more modest paces of growth.

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All data provided in this article covers the following product: HS Code 8456 - Machine-tools; for working any material by removal of material, by laser or other light or photon beam, ultrasonic, electro-discharge, electro-chemical, electron beam, ionic-beam, or plasma arc processes; water-jet cutting machines.

Source: World: Machine-Tools For Working Any Material By Removal Of Material - Market Report. Analysis and Forecast to 2025