EU: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2023

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in the EU

The EU market for machine-tools for working stone, ceramics, and concrete declined to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Machine-Tools For Working Stone, Ceramics, And Concrete in the EU

In value terms, machine tools for working stone production soared to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild slump. The growth pace was the most rapid in 2018 with an increase of 63%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports in the EU

In 2022, machine tools for working stone exports in the European Union dropped modestly to X units, remaining stable against 2021. In general, exports recorded a mild shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by 29% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, machine tools for working stone exports dropped to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 22% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Italy prevails in exports structure, amounting to X units, which was near 67% of total exports in 2022. It was distantly followed by Spain (X units) and Germany (X units), together mixing up a 16% share of total exports. France (X units), the Netherlands (X units), Austria (X units) and Poland (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to machine tools for working stone exports from Italy stood at -1.7%. At the same time, France (+383.2%), the Netherlands (+11.0%) and Poland (+8.9%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +383.2% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, Austria (-1.5%) and Spain (-7.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of France, Germany and the Netherlands increased by +3.3, +1.9 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest machine tools for working stone supplier in the European Union, comprising 59% of total exports. The second position in the ranking was taken by Germany ($X), with a 14% share of total exports. It was followed by Austria, with an 8.4% share.

In Italy, machine tools for working stone exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+1.1% per year) and Austria (+8.4% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, shrinking by -7.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2018 an increase of 25% against the previous year. The level of export peaked at $X per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: 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 Austria (+10.1%), while the other leaders experienced more modest paces of growth.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports in the EU

In 2022, the amount of machine-tools for working stone, ceramics, and concrete imported in the European Union fell markedly to X units, with a decrease of -17.1% against the previous year's figure. Total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 27% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021, and then shrank remarkably in the following year.

In value terms, machine tools for working stone imports contracted to $X in 2022. Total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 44%. The level of import peaked at $X in 2021, and then contracted in the following year.

Imports by Country

Germany (X units) and France (X units) were the largest importers of machine-tools for working stone, ceramics, and concrete in 2022, recording approx. 17% and 15% of total imports, respectively. Poland (X units) took a 9.4% share (based on physical terms) of total imports, which put it in second place, followed by Spain (9%), Portugal (7.1%), the Netherlands (6.5%), Romania (6.3%) and Belgium (4.8%). Bulgaria (X units), Italy (X units), Hungary (X units), Austria (X units) and the Czech Republic (X units) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +21.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Spain ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 42% share of total imports. Poland, Romania, Portugal, Belgium, Italy, the Netherlands, the Czech Republic, Austria, Hungary and Bulgaria lagged somewhat behind, together accounting for a further 40%.

In terms of the main importing countries, Hungary, with a CAGR of +17.8%, 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

In 2022, the import price in the European Union amounted to $X per unit, with an increase of 6.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by 14% 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.

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 Spain ($X per unit), while the Netherlands ($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 (+8.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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