Germany - Machines For Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Balancing Mechanical Parts Machine in Germany - 2023
Contents:
- Price for Balancing Mechanical Parts Machine in Germany (FOB) - 2022
- Price for Balancing Mechanical Parts Machine in Germany (CIF) - 2023
- Exports of Balancing Mechanical Parts Machine in Germany
- Imports of Balancing Mechanical Parts Machine in Germany
Price for Balancing Mechanical Parts Machine in Germany (FOB) - 2022
In 2022, the average balancing mechanical parts machine export price amounted to $4,759 per unit, falling by -14% against the previous year. Over the period under review, the export price recorded a mild slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 37%. Over the period under review, the average export prices hit record highs at $7,067 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($15,000 per unit), while the average price for exports to Serbia ($1,244 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Balancing Mechanical Parts Machine in Germany (CIF) - 2023
The average balancing mechanical parts machine import price stood at $2,414 per unit in July 2023, with a decrease of -19.1% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 73% against the previous month. The import price peaked at $3,284 per unit in August 2022; afterwards, it flattened through to July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($5,710 per unit), while the price for China ($651 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.8%), while the prices for the other major suppliers experienced a decline.
Exports of Balancing Mechanical Parts Machine in Germany
In 2022, overseas shipments of machines for balancing mechanical parts decreased by -22.8% to 10K units, falling for the second year in a row after two years of growth. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 7.2% against the previous year. As a result, the exports attained the peak of 16K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, balancing mechanical parts machine exports declined markedly to $50M in 2022. Overall, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 when exports increased by 7.8%. As a result, the exports attained the peak of $87M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Balancing Mechanical Parts Machine in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.4 | 13.0 | 17.2 | 13.6 | -12.6% |
| United States | 7.9 | 26.4 | 12.3 | 6.5 | -6.3% |
| Turkey | 1.4 | 1.6 | 0.8 | 3.5 | 35.7% |
| Mexico | 8.3 | 3.4 | 1.6 | 3.4 | -25.7% |
| Switzerland | 2.9 | 1.7 | 1.8 | 2.6 | -3.6% |
| Poland | 2.4 | 1.6 | 3.1 | 1.7 | -10.9% |
| Czech Republic | 1.7 | 1.3 | 1.5 | 1.4 | -6.3% |
| Italy | 1.0 | 0.7 | 1.3 | 1.1 | 3.2% |
| France | 1.5 | 1.1 | 1.3 | 1.0 | -12.6% |
| Serbia | 0.7 | 2.6 | 0.1 | 0.9 | 8.7% |
| Slovenia | 0.2 | 0.1 | 0.1 | 0.9 | 65.1% |
| Netherlands | 0.9 | 0.8 | 0.7 | 0.5 | -17.8% |
| Ukraine | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
| Others | 30.9 | 32.0 | 32.7 | 12.3 | -26.4% |
| Total | 80.3 | 86.5 | 74.9 | 49.8 | -14.7% |
Top Export Markets for Balancing Mechanical Parts Machine from Germany in 2022:
- China (1484.0 units)
- France (776.0 units)
- United States (740.0 units)
- Serbia (726.0 units)
- Poland (709.0 units)
- Switzerland (644.0 units)
- Turkey (500.0 units)
- Slovenia (407.0 units)
- Italy (398.0 units)
- Ukraine (323.0 units)
- Czech Republic (293.0 units)
- Netherlands (227.0 units)
- Mexico (227.0 units)
Imports of Balancing Mechanical Parts Machine in Germany
In 2022, supplies from abroad of machines for balancing mechanical parts decreased by -32.5% to 14K units for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, imports reached the peak of 21K units, and then declined sharply in the following year.
In value terms, balancing mechanical parts machine imports dropped to $29M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, imports attained the peak of $30M, and then declined modestly in the following year.
| Import of Balancing Mechanical Parts Machine in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 15.8 | 12.8 | 15.1 | 13.5 | -5.1% |
| United States | 2.7 | 1.5 | 2.6 | 7.0 | 37.4% |
| China | 6.0 | 6.7 | 9.2 | 5.6 | -2.3% |
| Turkey | N/A | N/A | 0.3 | 0.5 | 66.7% |
| Others | 2.6 | 1.6 | 2.6 | 2.5 | -1.3% |
| Total | 27.1 | 22.6 | 29.8 | 29.1 | 2.4% |
Top Suppliers of Balancing Mechanical Parts Machine to Germany in 2022:
- China (7.4K units)
- Italy (4.1K units)
- United States (1.8K units)
- Turkey (0.2K units)
This report provides an in-depth analysis of the market for balancing mechanical parts machine in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28993970 - Machines for balancing mechanical parts
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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