EU: Wood Bending Machine Market 2024

Wood Bending Machine Market Size in the EU

The EU wood bending machine market shrank to $X in 2022, almost unchanged from the previous year. Overall, consumption continues to indicate a mild downturn. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Wood Bending Machine Production in the EU

In value terms, wood bending machine production amounted to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Wood Bending Machine Exports

Exports in the EU

In 2022, the amount of bending or assembling machines exported in the European Union contracted to X units, waning by X% on 2021 figures. Total exports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood bending machine exports expanded markedly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X units), Austria (X units), Slovenia (X units) and Italy (X units) represented roughly X% of total exports in 2022. It was distantly followed by Finland (X units), creating a X% share of total exports. The following exporters - Denmark (X units) and Poland (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Finland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest wood bending machine supplying countries in the European Union were Austria ($X), Germany ($X) and Slovenia ($X), together accounting for X% of total exports. Italy, Finland, Denmark and Poland lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Finland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 an increase of X%. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Austria ($X per unit), while Poland ($X per unit) was amongst the lowest.

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

Wood Bending Machine Imports

Imports in the EU

In 2022, the amount of bending or assembling machines imported in the European Union contracted to X units, dropping by X% compared with the previous year. Total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, wood bending machine imports shrank slightly to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Italy represented the major importer of bending or assembling machines in the European Union, with the volume of imports accounting for X units, which was near X% of total imports in 2022. Germany (X units) held the second position in the ranking, followed by Poland (X units) and France (X units). All these countries together held near X% share of total imports. Austria (X units), Belgium (X units), Slovenia (X units), Romania (X units), Hungary (X units), the Czech Republic (X units), Denmark (X units), Spain (X units) and Portugal (X units) followed a long way behind the leaders.

Italy was also the fastest-growing in terms of the bending or assembling machines imports, with a CAGR of X% from 2012 to 2022. At the same time, Denmark (X%), Slovenia (X%), Portugal (X%), Poland (X%), Romania (X%), Germany (X%) and Spain (X%) displayed positive paces of growth. Hungary experienced a relatively flat trend pattern. By contrast, France (X%), Austria (X%), the Czech Republic (X%) and Belgium (X%) illustrated a downward trend over the same period. While the share of Italy (X p.p.), Poland (X p.p.) and Slovenia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Austria (X p.p.), the Czech Republic (X p.p.), France (X p.p.) and Belgium (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), Germany ($X) and Poland ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. France, Austria, the Czech Republic, Spain, Romania, Denmark, Portugal, Hungary, Slovenia and Belgium lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Denmark, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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