Machine Tool for Metal Market

Machine tool for metal market: get new information enhanced by an Ai-driven business intelligence platform. Statistics contain market size, companies, market prices, consumption, exports, production, imports, and trade. There is a split by country, including Africa, Russia, the Middle East, EU, Latin America, the U.S., the U.K., and China. Market trends and outlook to 2030 are also featured in the dashboards.

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Machine Tool for Metal - World's Largest Markets

In value terms, the largest machine tool for metal markets worldwide were Denmark, Taiwan (Chinese) and India, together accounting for 25% of the global market. These countries were followed by Mexico, Austria, the United States, Italy, the UK, Canada, the United Arab Emirates, Australia and Spain, which together accounted for a further 29%.

Austria (+239.7% per year) recorded the highest growth rate of market size, among the main consuming countries over the period under review, while machine tool for metal market for the other global leaders experienced more modest paces of growth.

Machine Tool For Metal Prices

Machine Tool for Metal - Top Importers

In value terms, the largest machine tool for metal importing markets worldwide were the United States ($83M), China ($74M) and Mexico ($38M), with a combined 32% share of global imports. India, Austria, Germany, Canada, Japan, the UK, Italy, the United Arab Emirates, Spain and Australia lagged somewhat behind, together comprising a further 25%.

Among the main importing countries, Austria saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Machine Tool for Metal - Top Exporters

In value terms, Germany ($179M) remains the largest machine tool for metal supplier worldwide, comprising 27% of global exports. The second position in the ranking was occupied by China ($78M), with a 12% share of global exports. It was followed by Japan, with a 8.5% share.

In Germany, machine tool for metal exports contracted by an average annual rate of -21.5% over the period from 2018-2020. In the other countries, the average annual rates were as follows: China (-1.0% per year) and Japan (-31.9% per year).

Machine Tool for Metal - Market Forecast

Driven by rising demand for machine tool for metal worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Machine Tool for Metal - Product Coverage

• HS 846390 - Machine-tools; for working metal, sintered metal carbides or cermets, without removing material, n.e.s. in heading no. 8463

Source: IndexBox Market Intelligence Platform