Europe: Stone Polishing Machine Market 2024

Stone Polishing Machine Market Size in Europe

The Europe stone polishing machine market shrank modestly to $X in 2022, falling by X% against the previous year. Overall, consumption continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Stone Polishing Machine Production in Europe

In value terms, stone polishing machine production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, faced a abrupt setback. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Stone Polishing Machine Exports

Exports in Europe

In 2022, exports of grinding or polishing machines for working stone, ceramics and concrete in Europe soared to X units, growing by X% against the previous year. Total exports indicated measured growth from 2012 to 2022: its volume 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, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, stone polishing machine exports shrank 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 growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

In 2022, Germany (X units) was the largest exporter of grinding or polishing machines for working stone, ceramics and concrete, making up X% of total exports. It was distantly followed by Italy (X units), achieving a X% share of total exports. The following exporters - the UK (X units), Spain (X units) and Austria (X units) - each recorded a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to stone polishing machine exports from Germany stood at X%. At the same time, Italy (X%) and Spain (X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. By contrast, Austria (X%) and the UK (X%) illustrated a downward trend over the same period. While the share of Italy (X p.p.) and Austria (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the UK (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), Germany ($X) and Austria ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Spain and the UK lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

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

Stone Polishing Machine Imports

Imports in Europe

In 2022, approx. X units of grinding or polishing machines for working stone, ceramics and concrete were imported in Europe; surging by X% on the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, stone polishing machine imports contracted to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of stone polishing machine imports in 2022 were the UK (X units), Spain (X units), Russia (X units), France (X units), Germany (X units), Norway (X units), Poland (X units), Italy (X units), Portugal (X units), Switzerland (X units), Sweden (X units) and Slovakia (X units), together amounting to X% of total import. The Netherlands (X units) took a relatively small share of total imports.

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

In value terms, Russia ($X), Germany ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Spain, the UK, Poland, Portugal, Italy, Sweden, the Netherlands, Slovakia, Switzerland and Norway lagged somewhat behind, together accounting for a further X%.

Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in Europe stood at $X per unit in 2022, waning by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the import prices failed to regain momentum.

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

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

Source: IndexBox Platform