Europe: Files And Rasps Market 2024

Files And Rasps Market Size in Europe

In 2022, the Europe files and rasps market increased by 11% to $X, rising for the second year in a row after two years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Files And Rasps Production in Europe

In value terms, files and rasps production dropped slightly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 13%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Files And Rasps Exports

Exports in Europe

In 2022, after five years of growth, there was significant decline in overseas shipments of files, rasps and similar tools, when their volume decreased by -12.4% to X units. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year. As a result, the exports reached the peak of X units, and then reduced in the following year.

In value terms, files and rasps exports contracted to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

In 2022, Germany (X units), Switzerland (X units), the Netherlands (X units) and Portugal (X units) represented the main exporter of files, rasps and similar tools in Europe, constituting 78% of total export. Belgium (X units), Spain (X units), the UK (X units), Sweden (X units) and Italy (X units) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +4.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Switzerland ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2022, together accounting for 65% of total exports. Portugal, Italy, Belgium, Sweden, Spain and the UK lagged somewhat behind, together comprising a further 28%.

Among the main exporting countries, Italy, with a CAGR of +6.9%, recorded the highest growth rate of the value of exports, 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, waning by -2.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by 3.7% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 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 ($X per unit), while the Netherlands ($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 (+5.9%), while the other leaders experienced more modest paces of growth.

Files And Rasps Imports

Imports in Europe

Files and rasps imports reduced slightly to X units in 2022, waning by -1.9% against 2021. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of X units, and then dropped modestly in the following year.

In value terms, files and rasps imports shrank to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

Germany (X units) and the Netherlands (X units) represented roughly 36% of total imports in 2022. Russia (X units) ranks next in terms of the total imports with an 8.1% share, followed by France (7.1%), the UK (6.2%) and Romania (5.4%). Portugal (X units), Poland (X units), Italy (X units), Sweden (X units), Spain (X units), Belgium (X units) and the Czech Republic (X units) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +8.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest files and rasps importing markets in Europe were Germany ($X), the Netherlands ($X) and France ($X), together comprising 43% of total imports. The UK, Russia, Italy, Sweden, Poland, Portugal, Spain, Belgium, the Czech Republic and Romania lagged somewhat behind, together accounting for a further 39%.

In terms of the main importing countries, Portugal, with a CAGR of +6.6%, saw the highest growth rate of 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 2022, the import price in Europe amounted to $X per unit, with a decrease of -6.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by 8.5%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.

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 Italy ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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