Europe: Machine-Tool For Drilling Market 2024

Machine-Tool For Drilling Market Size in Europe

After two years of decline, the Europe machine-tool for drilling market increased by X% to $X in 2022. Overall, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Machine-Tool For Drilling Production in Europe

In value terms, machine-tool for drilling production rose rapidly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Machine-Tool For Drilling Exports

Exports in Europe

For the third year in a row, Europe recorded decline in overseas shipments of machine-tools for drilling, boring or milling metal, which decreased by X% to X units in 2022. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, machine-tool for drilling exports declined to $X in 2022. Over the period under review, exports recorded a drastic downturn. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Denmark (X units), the UK (X units) and Germany (X units) represented roughly X% of total exports in 2022. Austria (X units) took the next position in the ranking, followed by Italy (X units), the Netherlands (X units) and Spain (X units). All these countries together held near X% share of total exports. Poland (X units), the Czech Republic (X units), Belgium (X units), Sweden (X units), France (X units) and Belarus (X units) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading 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 machine-tool for drilling supplying countries in Europe were Germany ($X), Italy ($X) and Spain ($X), together accounting for X% of total exports. The Czech Republic, the Netherlands, Poland, the UK, Austria, France, Denmark, Belgium, Sweden and Belarus lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Poland, with a CAGR of X%, saw the highest rates of growth with regard to 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, with an increase of X% against the previous year. In general, the export price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per unit), while Denmark ($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 more modest paces of growth.

Machine-Tool For Drilling Imports

Imports in Europe

In 2022, imports of machine-tools for drilling, boring or milling metal in Europe fell modestly to X units, standing approx. at the previous year's figure. Overall, imports, however, enjoyed a measured expansion. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, machine-tool for drilling imports fell modestly to $X in 2022. In general, imports recorded a perceptible shrinkage. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Spain (X units), followed by Germany (X units), Denmark (X units), the UK (X units), Russia (X units), France (X units) and the Netherlands (X units) were the largest importers of machine-tools for drilling, boring or milling metal, together generating X% of total imports. Italy (X units), Poland (X units), Norway (X units), Greece (X units), Austria (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 Denmark (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and France ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. The UK, Russia, the Netherlands, Austria, Poland, the Czech Republic, Spain, Denmark, Norway and Greece lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Greece, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in Europe stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price showed a abrupt downturn. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per unit), while Denmark ($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 more modest paces of growth.

Source: IndexBox Platform

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