EU: Stone Sawing Machine Market 2023

Stone Sawing Machine Market Size in the EU

In 2021, the EU stone sawing machine market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Stone Sawing Machine Production in the EU

In value terms, stone sawing machine production soared to $X in 2021 estimated in export price. The total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Stone Sawing Machine Exports

Exports in the EU

In 2021, overseas shipments of sawing machines for working stone, ceramics and concrete increased by 17% to X units, rising for the second year in a row after two years of decline. In general, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 156% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, stone sawing machine exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands was the major exporter of sawing machines for working stone, ceramics and concrete in the European Union, with the volume of exports recording X units, which was approx. 47% of total exports in 2021. Italy (X units) ranks second in terms of the total exports with a 29% share, followed by Spain (7.6%). Germany (X units), Hungary (X units), Sweden (X units) and Poland (X units) held a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Hungary (with a CAGR of +30.8%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest stone sawing machine supplier in the European Union, comprising 57% of total exports. The second position in the ranking was taken by Spain ($X), with a 9.9% share of total exports. It was followed by Germany, with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Italy was relatively modest. In the other countries, the average annual rates were as follows: Spain (+19.4% per year) and Germany (+4.4% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, surging by 6.4% against the previous year. In general, the export price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2015 when the export price increased by 87%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+15.1%), while the other leaders experienced mixed trends in the export price figures.

Stone Sawing Machine Imports

Imports in the EU

In 2021, overseas purchases of sawing machines for working stone, ceramics and concrete increased by 53% to X units, rising for the sixth year in a row after two years of decline. Overall, imports saw a tangible increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, stone sawing machine imports skyrocketed to $X in 2021. Over the period under review, imports posted a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands prevails in imports structure, finishing at X units, which was near 64% of total imports in 2021. It was distantly followed by Germany (X units) and France (X units), together constituting a 12% share of total imports. Poland (X units), Belgium (X units), Portugal (X units), Sweden (X units), Spain (X units), Hungary (X units) and Italy (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to stone sawing machine imports into the Netherlands stood at +12.2%. At the same time, Hungary (+21.5%), Portugal (+13.4%), Belgium (+9.7%), Spain (+5.5%) and Germany (+4.5%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in the European Union, with a CAGR of +21.5% from 2012-2021. By contrast, Poland (-1.9%), Sweden (-5.7%), France (-12.7%) and Italy (-14.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands and Portugal increased by +34 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2021, with a combined 43% share of total imports. Poland, Portugal, Sweden, Belgium, Spain, Italy and Hungary lagged somewhat behind, together accounting for a further 41%.

Spain, with a CAGR of +25.7%, saw the highest growth rate of the value of imports, in terms of 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

In 2021, the import price in the European Union amounted to $X per unit, shrinking by -6.8% against the previous year. In general, the import price, however, saw a resilient expansion. The growth pace was the most rapid in 2014 an increase of 147% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Portugal ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+27.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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