France: Electro-Mechanical Tool Market Overview 2020

Electro-Mechanical Tool Market Size in France

The revenue of the electro-mechanical tool market in France amounted to $X in 2018, going up by X% against the previous year. Over the period under review, electro-mechanical tool consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, the electro-mechanical tool market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Electro-Mechanical Tool Production in France

In value terms, electro-mechanical tool production amounted to $X in 2018 estimated in export prices. In general, electro-mechanical tool production continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2011 when production volume increased by X% year-to-year. Electro-mechanical tool production peaked in 2018 and is likely to continue its growth in the near future.

Electro-Mechanical Tool Exports

Exports from France

In 2018, the electro-mechanical tool exports from France stood at X units, growing by X% against the previous year. In general, the total exports indicated noticeable growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, electro-mechanical tool exports increased by +X% against 2012 indices. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, electro-mechanical tool exports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, electro-mechanical tool exports totaled $X in 2018. Overall, the total exports indicated a measured expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, electro-mechanical tool exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. In that year, electro-mechanical tool exports reached their peak of $X. From 2014 to 2018, the growth of electro-mechanical tool exports remained at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for electro-mechanical tool exports from France, accounting for a X% share of total exports. Moreover, electro-mechanical tool exports to Germany exceeded the volume sent to the second major destination, Belgium (X units), twofold. Spain (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-X% per year) and Spain (-X% per year).

In value terms, Germany ($X) remains the key foreign market for electro-mechanical tool exports from France, comprising X% of total electro-mechanical tool exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-X% per year) and Italy (+X% per year).

Export Prices by Country

The average electro-mechanical tool export price stood at $X per unit in 2018, surging by X% against the previous year. In general, the electro-mechanical tool export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. In that year, the average export prices for electro-mechanical tools reached their peak level of $X per unit. From 2015 to 2018, the growth in terms of the average export prices for electro-mechanical tools failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per unit), while the average price for exports to Portugal ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced mixed trend patterns.

Electro-Mechanical Tool Imports

Imports into France

In 2018, approx. X units of electro-mechanical tools were imported into France; surging by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by X% y-o-y. Over the period under review, electro-mechanical tool imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, electro-mechanical tool imports totaled $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Imports peaked in 2018 and are likely to continue its growth in the near future.

Imports by Country

In 2018, China (X units) constituted the largest supplier of electro-mechanical tool to France, with a X% share of total imports. Moreover, electro-mechanical tool imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. Austria (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Austria (+X% per year).

In value terms, the largest electro-mechanical tool suppliers to France were China ($X), Germany ($X) and Austria ($X), with a combined X% share of total imports.

Austria experienced the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electro-mechanical tool import price stood at $X per unit in 2018, dropping by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per unit in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform