EU: Textile Cutting Machine Market 2020

Textile Cutting Machine Market Size in the EU

The revenue of the textile cutting machine market in the European Union amounted to $X in 2017, reducing by -X% against the previous year. The textile cutting machine consumption continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2008, when market value increased by X% year-to-year. In that year, the textile cutting machine market reached their peak level of $X. From 2009 to 2017, growth of the textile cutting machine market stood at a somewhat lower level.

Textile Cutting Machine Production in the EU

In 2017, the amount of machines for extruding, drawing, texturing or cutting manmade textile materials produced in the European Union totaled X units, flattening at the previous year. The textile cutting machine production continues to indicate a temperate decline. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the textile cutting machine production reached its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Textile Cutting Machine Exports in the EU

In 2017, the amount of machines for extruding, drawing, texturing or cutting manmade textile materials exported in the European Union amounted to X units, rising by X% against the previous year. The total exports indicated a measured growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017, when exports increased by X% y-o-y. In that year, the textile cutting machine exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, textile cutting machine exports stood at $X in 2017. The textile cutting machine exports continue to indicate a moderate curtailment. Over the period under review, the textile cutting machine exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Textile Cutting Machine Exports by Country in the EU

Italy (X units) and Germany (X units) represented the largest exporters of machines for extruding, drawing, texturing or cutting manmade textile materials in 2017, reaching approx. X% and X% of total exports, respectively. Austria (X units) ranks second in terms of the global exports with a X% share, followed by the Netherlands (X%) and France (X%). The following exporters - the Czech Republic (X units) and Spain (X units) each accounted for a X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest textile cutting machine supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Italy ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Germany stood at -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (-X% per year) and the Netherlands (+X% per year).

Textile Cutting Machine Export Prices by Country in the EU

In 2017, the textile cutting machine export price in the European Union amounted to $X thousand per unit, shrinking by -X% against the previous year. The textile cutting machine export price continues to indicate a drastic shrinkage. The growth pace was the most rapid in 2013, an increase of X% year-to-year. Over the period under review, the export prices for machines for extruding, drawing, texturing or cutting manmade textile materials reached its maximum level of $X thousand per unit in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Germany ($X thousand per unit), while Austria ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

Textile Cutting Machine Imports in the EU

The imports amounted to X units in 2017, shrinking by -X% against the previous year. The textile cutting machine imports continue to indicate a deep decline. The growth pace was the most rapid in 2015, when it surged by X% against the previous year. Over the period under review, the textile cutting machine imports attained its maximum volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, textile cutting machine imports stood at $X in 2017. The textile cutting machine imports continue to indicate a noticeable contraction. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Textile Cutting Machine Import Prices by Country in the EU

In 2017, the textile cutting machine import price in the European Union amounted to $X per unit, going up by X% against the previous year. The import price indicated a strong expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the textile cutting machine import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2014, an increase of X% y-o-y. The level of import price peaked in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X thousand per unit), while Bulgaria ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform