EU: Market for Numerically Controlled Knee-Type Milling Machines For Working Metal 2024

Market Size for Numerically Controlled Knee-Type Milling Machines For Working Metal in the EU

The EU market for numerically controlled knee-type milling machines for working metal rose sharply to $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Numerically Controlled Knee-Type Milling Machines For Working Metal in the EU

In value terms, numerically controlled knee-type milling machine production dropped modestly to $X in 2022 estimated in export price. Overall, production saw a pronounced decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Numerically Controlled Knee-Type Milling Machines For Working Metal

Exports in the EU

In 2022, approx. X units of numerically controlled knee-type milling machines for working metal were exported in the European Union; dropping by X% against the previous year. Over the period under review, exports, however, posted a notable increase. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2021, and then contracted dramatically in the following year.

In value terms, numerically controlled knee-type milling machine exports shrank notably to $X in 2022. In general, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands represented the largest exporting country with an export of around X units, which recorded X% of total exports. Italy (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Germany (X%), France (X%), the Czech Republic (X%), Romania (X%) and Spain (X%).

The Netherlands was also the fastest-growing in terms of the numerically controlled knee-type milling machines for working metal exports, with a CAGR of X% from 2012 to 2022. At the same time, Romania (X%), the Czech Republic (X%) and Italy (X%) displayed positive paces of growth. Spain and Germany experienced a relatively flat trend pattern. By contrast, France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, Romania and the Czech Republic increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), France ($X) and the Czech Republic ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Among the main exporting countries, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 unit in 2022, rising by X% against the previous year. Overall, the export price, however, faced a deep reduction. The growth pace was the most rapid in 2017 when the export price increased by X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

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

Imports of Numerically Controlled Knee-Type Milling Machines For Working Metal

Imports in the EU

In 2022, numerically controlled knee-type milling machine imports in the European Union declined markedly to X units, dropping by X% compared with 2021 figures. Over the period under review, imports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then dropped rapidly in the following year.

In value terms, numerically controlled knee-type milling machine imports reduced notably to $X in 2022. Overall, imports saw a noticeable curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank significantly in the following year.

Imports by Country

In 2022, Luxembourg (X units), distantly followed by France (X units), Italy (X units), the Czech Republic (X units), Denmark (X units) and Spain (X units) represented the main importers of numerically controlled knee-type milling machines for working metal, together mixing up X% of total imports. Romania (X units), Hungary (X units), Germany (X units), Belgium (X units), Slovakia (X units), Croatia (X units) and Portugal (X units) followed a long way behind the leaders.

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

In value terms, France ($X) constitutes the largest market for imported numerically controlled knee-type milling machines for working metal in the European Union, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

In France, numerically controlled knee-type milling machine imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Italy (X% per year) and Romania (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, with an increase of X% against the previous year. In general, the import price, however, showed a slight curtailment. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices stood 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 Slovakia ($X per unit), while Belgium ($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

Frequently Asked Questions (FAQ) :