Which Country Exports the Most Machine Tools For Working Metal in the World?

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

In 2016, the amount of machine-tool for working metal exported worldwide totaled 754K tonnes, descending by -15.9% against the previous year figure. Overall, it indicated a slight growth from 2007 to 2016: the total exports volume increased at an average annual rate of +1.4% 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 working metal exports decreased by -32.9% against its level of 2013. The most prominent rate of growth was recorded in 2011, when it surged by 36% against the previous year level. Global machine-tool for working metal export peaked of 1.1M tonnes in 2013; however, from 2014 to 2016, it stood at a somewhat lower level.

In value terms, machine-tool for working metal exports totaled $8.6B in 2016. Overall, machine-tool for working metal exports continue to indicate a slight setback. Over the period under review, global machine-tool for working metal exports reached its maximum level of $11B in 2012; however, from 2013 to 2016, it failed to regain its strength.

Top Machine-Tool For Working Metal Exporting Countries in the World

1. Germany (1,489.2 million USD)

2. Italy (1,156.9 million USD)

3. Japan (1,002.2 million USD)

4. South Korea (603.6 million USD)

5. Austria (343.0 million USD)

6. Spain (279.2 million USD)

7. Turkey (255.0 million USD)

8. France (228.6 million USD)

9. United Kingdom (170.3 million USD)

10. Netherlands (90.7 million USD)

11. Russia (29.5 million USD)

Machine-Tool For Working Metal Exports By Country

In 2016, Japan (112K tonnes), Italy (110K tonnes), the Netherlands (99K tonnes), South Korea (93K tonnes), and Germany (91K tonnes) represented the largest exporters of machine-tool for working metal in the world, committing 67% of total export. It was followed by Turkey (60K tonnes), generating 8% share of total machine-tool for working metal exports. Spain (29K tonnes), Austria (18K tonnes), the UK (17K tonnes), Russia (16K tonnes), and France (15K tonnes) occupied the mild share of total exports.

From 2007 to 2016, the most notable growth rate of machine-tool for working metal exports, among the main exporting countries, was attained by the Netherlands (+39.0% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Germany ($1.5B), Italy ($1.2B) and Japan ($1B) were the countries with the highest levels of exports in 2016, together comprising 42% of global exports.South Korea, Austria, Spain, Turkey, France, the UK, the Netherlands and Russia lagged somewhat behind, together accounting for a further 23%.

South Korea (+4.6% per year) had the highest growth rate of machine-tool for working metal exports, in terms of the main exporting countries, over the last 9 years, while the other global leaders experienced mixed trends in the exports figures.

Machine-Tool For Working Metal Export Prices By Country

In 2016, the average export price for machine-tool for working metal amounted to $11 per kg, going up by 15% against the previous year. In general, machine-tool for working metal export price continues to indicate a measured reduction. The growth pace was the most rapid in 2014, when it surged by 32% year-to-year. Global machine-tool for working metal export peaked of $14 per kg in 2007; however, from 2008 to 2016, it failed to regain its strength.

Export prices varied noticeably by country of destination. the country with the highest export prices was Austria ($19 per kg), while the Netherlands ($919 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of machine-tool for working metal export prices was attained by Austria (+2.0% per year), while the other global leaders experienced more modest paces of growth.

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  • machine-tool for working metal import
  • machine-tool for working metal export
  • machine-tool for working metal market forecast
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  • key machine-tool for working metal producers

All data provided in this article covers the following product: HS Code 8462 - Machine-tools; (including presses) for working metal by forging, hammering or die-stamping, for bending, folding, straightening, flattening, shearing or punching metal.

Source: World: Machine Tools For Working Metal - Market Report. Analysis and Forecast to 2025