EU: Market for Numerically Controlled Drilling Machines For Working Metal 2022

Market Size for Numerically Controlled Drilling Machines For Working Metal in the EU

In 2021, the EU numerically controlled drilling machine market decreased by -X% to $X for the first time since 2017, thus ending a three-year rising trend. The total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2015 indices. Over the period under review, the market hit record highs at $X in 2020, and then fell slightly in the following year.

Production of Numerically Controlled Drilling Machines For Working Metal in the EU

In value terms, numerically controlled drilling machine production fell to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then declined in the following year.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports in the EU

Numerically controlled drilling machine exports contracted to X tons in 2021, waning by -X% compared with the previous year's figure. In general, exports saw a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, numerically controlled drilling machine exports fell to $X in 2021. Overall, exports recorded a deep downturn. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands prevails in exports structure, reaching X tons, which was near X% of total exports in 2021. It was distantly followed by Germany (X tons), Spain (X tons) and Italy (X tons), together making up an X% share of total exports. France (X tons) held a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to numerically controlled drilling machine exports from the Netherlands stood at -X%. At the same time, France (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2012-2021. By contrast, Germany (-X%) and Italy (-X%) illustrated a downward trend over the same period. Spain (+X p.p.) and France (+X p.p.) significantly strengthened its position in terms of the total exports, while Germany and Italy saw its share reduced by -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest numerically controlled drilling machine supplying countries in the European Union were Germany ($X), Italy ($X) and Spain ($X), with a combined X% share of total exports.

Spain, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, increasing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Italy ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the other leaders experienced more modest paces of growth.

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports in the EU

In 2021, numerically controlled drilling machine imports in the European Union surged to X tons, rising by X% compared with the previous year's figure. Total imports indicated a slight expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, numerically controlled drilling machine imports skyrocketed to $X in 2021. Overall, imports, however, saw a pronounced shrinkage. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands was the major importer of numerically controlled drilling machines for working metal in the European Union, with the volume of imports reaching X tons, which was near X% of total imports in 2021. Hungary (X tons) ranks second in terms of the total imports with a X% share, followed by Austria (X%), France (X%), Germany (X%) and Poland (X%). The following importers - Bulgaria (X tons), Belgium (X tons), Italy (X tons), Romania (X tons), Lithuania (X tons), Portugal (X tons) and Slovenia (X tons) - together made up X% of total imports.

From 2012 to 2021, average annual rates of growth with regard to numerically controlled drilling machine imports into the Netherlands stood at +X%. At the same time, Hungary (+X%), Austria (+X%), Lithuania (+X%), Slovenia (+X%), Bulgaria (+X%), France (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in the European Union, with a CAGR of +X% from 2012-2021. By contrast, Poland (-X%), Portugal (-X%), Germany (-X%), Romania (-X%) and Italy (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands, Hungary and Austria increased by +X, +X and +X percentage points, respectively. Portugal (-X p.p.), Romania (-X p.p.), Poland (-X p.p.), Italy (-X p.p.) and Germany (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), Austria ($X) and Hungary ($X) were the countries with the highest levels of imports in 2021, together accounting for X% of total imports.

Among the main importing countries, Hungary, with a CAGR of +X%, recorded the highest rates of growth with regard to 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 2021, the import price in the European Union amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was France ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (-X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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