France: Wood Drilling Machine Market 2022

Wood Drilling Machine Market Size in France

The French wood drilling machine market contracted to $X in 2021, falling by -5.7% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Wood Drilling Machine Production in France

In value terms, wood drilling machine production rose rapidly to $X in 2021 estimated in export price. Overall, production recorded a abrupt curtailment. The growth pace was the most rapid in 2015 when the production volume increased by 21% against the previous year. Wood drilling machine production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Wood Drilling Machine Exports

Exports from France

In 2021, the amount of drilling or morticing machines exported from France skyrocketed to X units, rising by 170% against the previous year's figure. Over the period under review, exports enjoyed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood drilling machine exports dropped notably to $X in 2021. Overall, exports recorded slight growth. The most prominent rate of growth was recorded in 2019 when exports increased by 130% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for wood drilling machine exports from France, accounting for a 57% share of total exports. Moreover, wood drilling machine exports to Germany exceeded the volume sent to the second major destination, Italy (X units), fourfold. Belgium (X units) ranked third in terms of total exports with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +26.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+29.6% per year) and Belgium (+23.5% per year).

In value terms, Vietnam ($X), Belgium ($X) and Germany ($X) constituted the largest markets for wood drilling machine exported from France worldwide, with a combined 54% share of total exports. These countries were followed by Italy, the UK, Turkey, Austria and Spain, which together accounted for a further 14%.

Among the main countries of destination, the UK, with a CAGR of +66.9%, 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 average wood drilling machine export price stood at $X per unit in 2021, with a decrease of -74.5% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 46%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Vietnam ($X per unit), while the average price for exports to Austria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Drilling Machine Imports

Imports into France

Wood drilling machine imports into France reached X units in 2021, surging by 11% against the year before. Over the period under review, imports, however, saw a slight decrease. The pace of growth was the most pronounced in 2019 when imports increased by 71% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, wood drilling machine imports dropped modestly to $X in 2021. In general, total imports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -9.8% against 2019 indices. The growth pace was the most rapid in 2016 when imports increased by 28% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X units), China (X units) and Germany (X units) were the main suppliers of wood drilling machine imports to France, together comprising 91% of total imports. These countries were followed by Poland and the UK, which together accounted for a further 2.6%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +49.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) constituted the largest supplier of wood drilling machine to France, comprising 87% of total imports. The second position in the ranking was taken by Germany ($X), with a 4.1% share of total imports. It was followed by China, with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.0% per year) and China (-2.6% per year).

Import Prices by Country

In 2021, the average wood drilling machine import price amounted to $X per unit, waning by -12.7% against the previous year. Overall, the import price, however, saw a measured expansion. The growth pace was the most rapid in 2015 when the average import price increased by 46% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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