France: Stone Polishing Machine Market 2023

Stone Polishing Machine Market Size in France

For the ninth year in a row, the French stone polishing machine market recorded decline in sales value, which decreased by -64.9% to $X in 2021. Over the period under review, consumption saw a precipitous shrinkage. The growth pace was the most rapid in 2019 with a decrease of -2.4% against the previous year. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Stone Polishing Machine Production in France

In value terms, stone polishing machine production rose notably to $X in 2021 estimated in export price. Over the period under review, production, however, saw a dramatic setback. Stone polishing machine production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Stone Polishing Machine Exports

Exports from France

In 2021, stone polishing machine exports from France soared to X units, growing by 244% on the previous year. Overall, exports posted a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, stone polishing machine exports skyrocketed to $X in 2021. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X units), Germany (X units) and China (X units) were the main destinations of stone polishing machine exports from France, together comprising 34% of total exports. These countries were followed by Brazil, the UK, Italy, Belgium, Canada, Turkey, the United States, Austria, Spain and Portugal, which together accounted for a further 42%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +405.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for stone polishing machine exported from France were China ($X), Brazil ($X) and Germany ($X), with a combined 37% share of total exports. These countries were followed by the United States, Italy, the UK, Canada, Portugal, Spain, Poland, Austria, Turkey and Belgium, which together accounted for a further 34%.

Spain, with a CAGR of +185.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average stone polishing machine export price stood at $X per unit in 2021, picking up by 206% against the previous year. Over the period under review, the export price posted a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Poland ($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 Spain (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.

Stone Polishing Machine Imports

Imports into France

In 2021, stone polishing machine imports into France reached X units, almost unchanged from 2020 figures. Overall, total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +3.9% 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 -10.9% against 2019 indices. The pace of growth was the most pronounced in 2015 with an increase of 52%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, stone polishing machine imports soared to $X in 2021. Over the period under review, total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +26.1% against 2016 indices. The pace of growth was the most pronounced in 2013 when imports increased by 58% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X units), South Korea (X units) and Japan (X units) were the main suppliers of stone polishing machine imports to France, together comprising 62% of total imports. These countries were followed by China, Germany, the Netherlands, Portugal and Sweden, which together accounted for a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +59.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Italy ($X) and South Korea ($X) were the largest stone polishing machine suppliers to France, together comprising 73% of total imports. These countries were followed by Germany, the Netherlands, Portugal, China and Sweden, which together accounted for a further 19%.

The Netherlands, with a CAGR of +60.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average stone polishing machine import price stood at $X per unit in 2021, surging by 19% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 47% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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