Europe: Wood Drilling Machine Market 2024

Wood Drilling Machine Market Size in Europe

The Europe wood drilling machine market skyrocketed to $X in 2022, growing by X% against the previous year. The total consumption indicated a strong 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, consumption increased by X% against 2020 indices. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Wood Drilling Machine Production in Europe

In value terms, wood drilling machine production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Wood Drilling Machine Exports

Exports in Europe

In 2022, wood drilling machine exports in Europe reduced to X units, with a decrease of X% on 2021 figures. In general, exports, however, continue to indicate a measured expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood drilling machine exports reduced to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units) and Italy (X units) dominates exports structure, together constituting X% of total exports. It was distantly followed by the Netherlands (X units), making up an X% share of total exports. The following exporters - the UK (X units), Denmark (X units), Spain (X units) and Austria (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest wood drilling machine supplying countries in Europe were Germany ($X), Italy ($X) and Austria ($X), with a combined X% share of total exports. Denmark, the Netherlands, Spain and the UK lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, saw 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 more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, almost unchanged from the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked at $X per unit in 2013; however, from 2014 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 Italy ($X per unit), while the UK ($X per unit) was amongst the lowest.

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

Wood Drilling Machine Imports

Imports in Europe

In 2022, supplies from abroad of drilling or morticing machines increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports saw a buoyant expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, wood drilling machine imports declined slightly to $X in 2022. The total import 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The UK represented the main importer of drilling or morticing machines in Europe, with the volume of imports amounting to X units, which was approx. X% of total imports in 2022. Russia (X units) ranks second in terms of the total imports with an X% share, followed by Norway (X%). Italy (X units), Spain (X units), Poland (X units), Belgium (X units) and Austria (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to wood drilling machine imports into the UK stood at X%. At the same time, Russia (X%), Norway (X%), Spain (X%), Austria (X%) and Italy (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Poland experienced a relatively flat trend pattern. By contrast, Belgium (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.), the UK (X p.p.), Norway (X p.p.) and Spain (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.) and Poland (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported drilling or morticing machines in Europe, comprising X% of total imports. The second position in the ranking was taken by Austria ($X), with an X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Austria (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per unit in 2021, and then declined rapidly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per unit), while the UK ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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