EU: Grinding Machine Market 2024

Grinding Machine Market Size in the EU

For the third year in a row, the EU grinding machine market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption showed a resilient increase. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Grinding Machine Production in the EU

In value terms, grinding machine production skyrocketed to $X in 2022 estimated in export price. The total output 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 in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

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Grinding Machine Exports

Exports in the EU

Grinding machine exports reached X units in 2022, picking up by X% against 2021. Over the period under review, exports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, grinding machine exports contracted slightly to $X in 2022. Total exports indicated a notable 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

In 2022, Germany (X units) represented the main exporter of machines having individual functions, for mixing, kneading, crushing or grinding, creating X% of total exports. It was distantly followed by Italy (X units), Austria (X units), Poland (X units) and France (X units), together achieving a X% share of total exports. The following exporters - Belgium (X units), Slovenia (X units), the Netherlands (X units), Denmark (X units), Sweden (X units), Finland (X units) and Spain (X units) - together made up X% of total exports.

Exports from Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Slovenia (X%), Poland (X%), Austria (X%), Belgium (X%), Spain (X%), Finland (X%), Italy (X%), France (X%), the Netherlands (X%), Denmark (X%) and Sweden (X%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Austria (X p.p.), Poland (X p.p.) and Slovenia (X p.p.) significantly strengthened its position in terms of the total exports, while Germany saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest grinding machine supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Germany stood at X%. In the other countries, the average annual rates were as follows: Italy (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, dropping by X% against the previous year. Overall, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced a decline in the export price figures.

Grinding Machine Imports

Imports in the EU

For the third year in a row, the European Union recorded growth in overseas purchases of machines having individual functions, for mixing, kneading, crushing or grinding, which increased by X% to X units in 2022. Overall, imports showed a prominent increase. The pace of growth was the most pronounced in 2016 with an increase of X%. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, grinding machine imports expanded to $X in 2022. Total imports indicated a resilient 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, imports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X units), distantly followed by France (X units), Italy (X units), Poland (X units), Spain (X units), Austria (X units) and Belgium (X units) represented the major importers of machines having individual functions, for mixing, kneading, crushing or grinding, together comprising X% of total imports. The Netherlands (X units), Romania (X units), Sweden (X units), Ireland (X units), Denmark (X units) and Portugal (X units) followed a long way behind the leaders.

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

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

Ireland, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries 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, waning by X% against the previous year. Overall, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 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 the Netherlands ($X per unit), while Romania ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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