EU: Market for Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2024

Market Size for Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in the EU

The EU market for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips soared to $X in 2022, rising by X% against the previous year. Overall, consumption showed buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in the EU

In value terms, production of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips rose notably to $X in 2022 estimated in export price. The total production indicated a remarkable increase 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X; afterwards, it flattened through to 2022.

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

Exports of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports in the EU

In 2022, approx. X tons of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips were exported in the European Union; increasing by X% on the previous year. In general, exports continue to indicate measured growth. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips fell to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands was the largest exporter of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips in the European Union, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. Germany (X tons) took the second position in the ranking, distantly followed by Sweden (X tons). All these countries together took near X% share of total exports. Italy (X tons), Austria (X tons), Belgium (X tons) and the Czech Republic (X tons) held a minor share of total exports.

The Netherlands was also the fastest-growing in terms of the unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips exports, with a CAGR of X% from 2012 to 2022. Germany experienced a relatively flat trend pattern. Italy (X%), the Czech Republic (X%), Sweden (X%), Belgium (X%) and Austria (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Czech Republic (X p.p.), Italy (X p.p.), Belgium (X p.p.), Germany (X p.p.), Sweden (X p.p.) and Austria (X p.p.) displayed negative dynamics.

In value terms, the largest unmounted tool inserts, sticks or plates supplying countries in the European Union were Germany ($X), the Netherlands ($X) and Belgium ($X), with a combined X% share of total exports.

In terms of the main exporting countries, the Netherlands, 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

In 2022, the export price in the European Union amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Italy ($X per ton) 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.

Imports of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports in the EU

In 2022, imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips in the European Union expanded rapidly to X tons, increasing by X% on the previous year's figure. Total imports indicated a notable 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 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips shrank to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands represented the largest importer of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips in the European Union, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. Germany (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Italy (X%), Luxembourg (X%), France (X%) and Belgium (X%). Austria (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to unmounted tool inserts, sticks or plates imports into the Netherlands stood at X%. At the same time, Luxembourg (X%), France (X%), Austria (X%) and Italy (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Germany (X%) and Belgium (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.) and Luxembourg (X p.p.) significantly strengthened its position in terms of the total imports, while Italy, Belgium and Germany saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest unmounted tool inserts, sticks or plates importing markets in the European Union were the Netherlands ($X), Germany ($X) and Belgium ($X), with a combined X% share of total imports. Italy, France, Austria and Luxembourg lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Luxembourg, 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 ton in 2022, with a decrease of X% against the previous year. In general, the import price showed a noticeable contraction. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :