Which Country Exports the Most Metal Finishing Machines in the World?

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

In 2016, approx. 165K tonnes of metal finishing machine were exported worldwide; lowering by -4.6% against the previous year figure. Overall, it indicated a temperate growth from 2007 to 2016: the total exports volume increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, metal finishing machine exports increased by +8.6% against its level of 2014. The most prominent rate of growth was recorded in 2011, when export increased by 38% against the previous year level. Over the period under review, global metal finishing machine exports attained its maximum volume of 191K tonnes in 2012; however, from 2013 to 2016, it failed to regain its strength.

In value terms, metal finishing machine exports stood at $4B in 2016. In general, metal finishing machine exports continue to indicate a relatively flat trend pattern. Over the period under review, global metal finishing machine exports attained its maximum level of $5.5B in 2012; however, from 2013 to 2016, it failed to regain its strength.

Top Metal Finishing Machine Exporting Countries in the World

1. Germany (981.9 million USD)

2. Japan (668.1 million USD)

3. Switzerland (535.2 million USD)

4. USA (316.3 million USD)

5. Czech Republic (251.9 million USD)

6. Italy (244.8 million USD)

7. China (223.4 million USD)

8. Spain (103.4 million USD)

9. United Kingdom (84.2 million USD)

10. Thailand (75.3 million USD)

11. South Korea (66.4 million USD)

12. Netherlands (29.8 million USD)

Metal Finishing Machine Exports By Country

The exports of the four major exporters of metal finishing machine, namely the Netherlands, Germany, Japan, and Italy, represented more than half of total export. It was distantly followed by the U.S. (9.6K tonnes), Switzerland (8.8K tonnes), and China (8.1K tonnes), together achieving 16% share of total metal finishing machine exports. Czech Republic (6.9K tonnes), Spain (4K tonnes), Thailand (3.9K tonnes), the UK (3.1K tonnes), and South Korea (3K tonnes) followed a long way behind this figure.

From 2007 to 2016, the most notable growth rate of metal finishing machine exports, among the main exporting countries, was attained by the Netherlands (+46.3% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest metal finishing machine markets worldwide were Germany ($982M), Japan ($668M) and Switzerland ($535M), together comprising 55% of global exports.The U.S., Czech Republic, Italy, China, Spain, the UK, Thailand, South Korea and the Netherlands lagged somewhat behind, together accounting for a further 35%.

Thailand (+10.6% per year) recorded the highest rates of growth with regard to the metal finishing machine exports, in terms of the main exporting countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Metal Finishing Machine Export Prices By Country

In 2016, the average export price for metal finishing machine amounted to $24 per kg, stabilizing at the previous year level. Overall, metal finishing machine export price continues to indicate a measured contraction. The most prominent rate of growth was recorded in 2014, when it surged by 19% from the previous year level. Global metal finishing machine export peaked of $32 per kg in 2011; however, from 2012 to 2016, it stood at a somewhat lower level.

Export prices varied noticeably by country of destination. the country with the highest export prices was Switzerland ($61 per kg), while the Netherlands ($897 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of metal finishing machine export prices was attained by the UK (+6.9% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global metal finishing machine market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • metal finishing machine market share
  • metal finishing machine prices
  • metal finishing machine industry
  • metal finishing machine sales
  • metal finishing machine import
  • metal finishing machine export
  • metal finishing machine market forecast
  • metal finishing machine price forecast
  • key metal finishing machine producers

All data provided in this article covers the following product: HS Code 8460 - Machine-tools; for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal, sintered metal carbides or cermets by means of grinding stones, abrasives or polishing products.

Source: World: Metal Finishing Machines - Market Report. Analysis and Forecast to 2025