Eastern Europe: Metal Broaching Machine Market 2024

Metal Broaching Machine Market Size in Eastern Europe

The East European metal broaching machine market dropped modestly to $X.7B in 2022, waning by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X.2B in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Metal Broaching Machine Production in Eastern Europe

In value terms, metal broaching machine production dropped to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Metal Broaching Machine Exports

Exports in Eastern Europe

Metal broaching machine exports totaled X units in 2022, surging by X% on 2021 figures. Overall, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, metal broaching machine exports soared to $X in 2022. In general, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2019 when exports increased by X%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Hungary (X units) and the Czech Republic (X units) represented roughly X% of total exports in 2022. Poland (X units) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Lithuania (X%), Moldova (X%), Russia (X%) and Bulgaria (X%).

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) emerged as the largest metal broaching machine supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Moldova ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Czech Republic amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Moldova (X% per year) and Russia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, surging by X% against the previous year. Overall, the export price recorded resilient growth. The growth pace was the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Metal Broaching Machine Imports

Imports in Eastern Europe

In 2022, imports of broaching machines for working metal in Eastern Europe skyrocketed to X units, increasing by X% on 2021 figures. Overall, imports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, metal broaching machine imports surged to $X in 2022. In general, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Czech Republic (X units) represented the key importer of broaching machines for working metal, creating X% of total imports. Belarus (X units) ranks second in terms of the total imports with a X% share, followed by Russia (X%) and Bulgaria (X%). Slovakia (X units) and Hungary (X units) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal broaching machine importing markets in Eastern Europe were Russia ($X), the Czech Republic ($X) and Belarus ($X), together comprising X% of total imports. Slovakia, Bulgaria and Hungary lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Bulgaria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the import price recorded a noticeable downturn. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Slovakia ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :