EU: Shank Metal Milling Tools Market 2020

Shank Metal Milling Tools Market Size in the EU

The revenue of the shank metal milling tools market in the European Union amounted to $X in 2017, increasing by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. The pace of growth appeared the most rapid in 2011, when it surged by X% y-o-y. The level of shank metal milling tools consumption peaked in 2017, and is likely to see steady growth in the immediate term.

Shank Metal Milling Tools Production in the EU

In 2017, production of shank type milling tools for working metal in the European Union stood at X units, remaining constant against the previous year. The shank metal milling tools production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016, when the output figure increased by X% against the previous year. Over the period under review, the shank metal milling tools production reached its maximum volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Shank Metal Milling Tools Exports in the EU

In 2017, approx. X units of shank type milling tools for working metal were exported in the European Union; surging by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2010, with an increase of X% y-o-y. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, shank metal milling tools exports totaled $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations over the period under review. The level of exports peaked in 2017, and are likely to see steady growth in the near future.

Shank Metal Milling Tools Exports by Country in the EU

In 2017, Germany (X units), distantly followed by Italy (X units), the Netherlands (X units), France (X units), Belgium (X units) and Austria (X units) represented the key exporters of shank type milling tools for working metal, together comprising X% of total exports. Sweden (X units), the UK (X units), Denmark (X units), the Czech Republic (X units) and Spain (X units) followed a long way behind the leaders.

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 ($X) remains the largest shank metal milling tools supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Italy ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

In Germany, shank metal milling tools exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+X% per year) and the Netherlands (+X% per year).

Shank Metal Milling Tools Export Prices by Country in the EU

The shank metal milling tools export price in the European Union stood at $X per unit in 2017, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. Over the period under review, the export prices for shank type milling tools for working metal reached its peak figure level of $X per unit in 2014; however, from 2015 to 2017, it failed to regain its momentum.

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

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

Shank Metal Milling Tools Imports in the EU

The imports totaled X units in 2017, going up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the shank metal milling tools imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, shank metal milling tools imports amounted to $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The level of imports peaked in 2017, and are likely to see steady growth in the near future.

Shank Metal Milling Tools Imports by Country in the EU

In 2017, Germany (X units) was the key importer for shank type milling tools for working metal, making up X% of total imports. It was distantly followed by the Netherlands (X units), the UK (X units), France (X units), Italy (X units), Spain (X units), Austria (X units), Poland (X units) and Belgium (X units), together generating X% share of total imports. Romania (X units), the Czech Republic (X units) and Slovakia (X units) took the minor share of total imports.

Imports into Germany increased at an average annual rate of +X% from 2007 to 2017. At the same time, the Czech Republic (+X%), Romania (+X%), Slovakia (+X%), the UK (+X%), France (+X%), Spain (+X%), Italy (+X%) and Austria (+X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest growing importer in the European Union, with a CAGR of +X% from 2007-2017. Poland, the Netherlands and Belgium experienced a relatively flat trend pattern. From 2007 to 2017, the share of Romania, France, the Czech Republic, the UK and Germany decreased by -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported shank type milling tools for working metal in the European Union, making up X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

In Germany, shank metal milling tools imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: France (+X% per year) and Italy (+X% per year).

Shank Metal Milling Tools Import Prices by Country in the EU

In 2017, the shank metal milling tools import price in the European Union amounted to $X per unit, coming down by -X% against the previous year. The shank metal milling tools import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013, when it surged by X% y-o-y. Over the period under review, the import prices for shank type milling tools for working metal attained its peak figure level of $X per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Belgium ($X per unit), while Slovakia ($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 Austria (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform