Europe: Market for Numerically Controlled Knee-Type Milling Machines For Working Metal 2024

Market Size for Numerically Controlled Knee-Type Milling Machines For Working Metal in Europe

The Europe market for numerically controlled knee-type milling machines for working metal expanded markedly to $X in 2022, growing by X% against the previous year. In general, consumption, however, continues to indicate 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.

Production of Numerically Controlled Knee-Type Milling Machines For Working Metal in Europe

In value terms, numerically controlled knee-type milling machine production dropped to $X in 2022 estimated in export price. Overall, production showed a mild decrease. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Numerically Controlled Knee-Type Milling Machines For Working Metal

Exports in Europe

In 2022, the amount of numerically controlled knee-type milling machines for working metal exported in Europe reduced dramatically to X units, which is down by X% on the previous year. Over the period under review, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2021, and then fell significantly in the following year.

In value terms, numerically controlled knee-type milling machine exports declined markedly to $X in 2022. Overall, exports continue to indicate a perceptible reduction. 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, and then shrank significantly in the following year.

Exports by Country

The Netherlands (X units) and Switzerland (X units) represented roughly X% of total exports in 2022. The UK (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Italy (X%), Germany (X%), France (X%) and the Czech Republic (X%).

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

In value terms, Switzerland ($X) remains the largest numerically controlled knee-type milling machine supplier in Europe, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Switzerland amounted to X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and the UK (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price, however, saw a abrupt decline. The pace of growth was the most pronounced in 2017 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the export prices failed to regain momentum.

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 Switzerland ($X per unit), while the Netherlands ($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 (X%), while the other leaders experienced a decline in the export price figures.

Imports of Numerically Controlled Knee-Type Milling Machines For Working Metal

Imports in Europe

In 2022, the amount of numerically controlled knee-type milling machines for working metal imported in Europe shrank significantly to X units, reducing by X% compared with the previous year. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then contracted dramatically in the following year.

In value terms, numerically controlled knee-type milling machine imports dropped remarkably to $X in 2022. Overall, imports showed a noticeable reduction. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Luxembourg (X units), the UK (X units), Bosnia and Herzegovina (X units), France (X units), Russia (X units), Italy (X units), the Czech Republic (X units), Serbia (X units), Denmark (X units), Spain (X units), Romania (X units) and Hungary (X units) represented roughly X% of total imports in 2022.

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

In value terms, France ($X) constitutes the largest market for imported numerically controlled knee-type milling machines for working metal in Europe, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

In France, numerically controlled knee-type milling machine imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (X% per year) and Romania (X% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price, however, showed a pronounced descent. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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