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

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

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

IndexBox has just published a new report "World: Machine-Tools For Working Any Material By Removal Of Material - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the amount of machine-tool for removing material imported worldwide stood at 203K tonnes, falling by -4.4% against the previous year figure. In general, machine-tool for removing material imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2012, when import increased by 28% from the previous year level. Over the period under review, global machine-tool for removing material imports reached its maximum volume of 334K tonnes in 2007- however, from 2008 to 2016, it stood at a somewhat lower level.

In value terms, machine-tool for removing material imports amounted to $5.4B in 2016. Overall, it indicated a mild expansion from 2007 to 2016: the total imports value decreased at an average annual rate of -5.4% 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 removing material imports decreased by -9.0% against its level of 2014. Over the period under review, global machine-tool for removing material imports attained its maximum level of $5.9B in 2014- however, from 2015 to 2016, it failed to regain its strength.

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

1. Germany (625.1 million USD)

2. Japan (230.4 million USD)

3. Italy (228.4 million USD)

4. South Korea (210.0 million USD)

5. France (139.7 million USD)

6. Turkey (108.0 million USD)

7. United Kingdom (104.2 million USD)

8. Poland (100.6 million USD)

9. Russia (90.2 million USD)

10. Netherlands (83.4 million USD)

11. Switzerland (61.5 million USD)

Machine-Tool For Removing Material Imports By Country

Switzerland (39K tonnes), Japan (27K tonnes), Germany (26K tonnes), the Netherlands (21K tonnes), and Italy (20K tonnes) represented roughly 66% of total imports of machine-tool for removing material in 2016. The following importers - South Korea (9K tonnes), the UK (6.7K tonnes), Turkey (6.7K tonnes), Russia (4.3K tonnes), France (4.3K tonnes), and Poland (3.4K tonnes) together made up 17% of total imports.

From 2007 to 2016, the most notable growth rate of machine-tool for removing material imports, among the main importing countries, was attained by the UK (+9.0% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Germany ($625M) constitutes the largest market for imported machine-tool for removing material worldwide, making up 12% of global imports. The second position in the ranking was occupied by Japan ($230M), with the share of 4% of global imports. It was followed by Italy, with the share of 4%.

From 2007 to 2016, the average annual rate of growth in terms of value of machine-tool for removing material imports in Germany contracted by -2.7%. In the other countries, the average annual rates were as follows: Japan (+0.5% per year) and Italy (-0.2% per year).

Machine-Tool For Removing Material Import Prices By Country

The average machine-tool for removing material import price stood at $26 per kg in 2016, remaining constant against the previous year level. Overall, machine-tool for removing material import price continues to indicate a strong increase. The pace of growth was the most pronounced in 2010, when import increased by 54% against the previous year level. Global machine-tool for removing material import peaked in 2016, and is expected to retain its growth in the near future.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was France ($33 per kg), while Switzerland ($1,565 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of machine-tool for removing material import prices was attained by the Netherlands (+44.5% 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