France: Market for Grinding, Sanding and Polishing Machines 2024

Market Size for Grinding, Sanding and Polishing Machines in France

The French market for grinding, sanding and polishing machines declined to $X in 2022, waning by X% against the previous year. Over the period under review, consumption showed a slight decline. Grinding, sanding and polishing machine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Grinding, Sanding and Polishing Machines in France

In value terms, grinding, sanding and polishing machine production contracted to $X in 2022 estimated in export price. Overall, production continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2015 with an increase of X%. Grinding, sanding and polishing machine production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Grinding, Sanding and Polishing Machines

Exports from France

In 2022, the amount of grinding, sanding and polishing machines exported from France contracted rapidly to X units, reducing by X% compared with 2021. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, grinding, sanding and polishing machine exports reduced to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units), Belgium (X units) and Switzerland (X units) were the main destinations of grinding, sanding and polishing machine exports from France, with a combined X% share of total exports. The Czech Republic, Austria, the UK, Italy, Turkey, Norway, Finland, the Netherlands, Gabon and Ireland lagged somewhat behind, together accounting for a further X%.

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

In value terms, Switzerland ($X), Germany ($X) and Belgium ($X) appeared to be the largest markets for grinding, sanding and polishing machine exported from France worldwide, with a combined X% share of total exports. The Czech Republic, Turkey, the UK, Austria, Italy, Norway, Ireland, Finland, the Netherlands and Gabon lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the Czech Republic, with a CAGR of X%, recorded 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

In 2022, the average export price for grinding, sanding and polishing machines amounted to $X per unit, growing by X% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grinding, sanding and polishing machine export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grinding, Sanding and Polishing Machines

Imports into France

In 2022, purchases abroad of grinding, sanding and polishing machines increased by X% to X units, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, grinding, sanding and polishing machine imports soared to $X in 2022. Over the period under review, total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X units), Germany (X units) and China (X units) were the main suppliers of grinding, sanding and polishing machine imports to France, together accounting for X% of total imports. Taiwan (Chinese), the Netherlands, Spain, Austria and Mexico lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X) constituted the largest supplier of grinding, sanding and polishing machines to France, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by China, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

Import Prices by Country

The average import price for grinding, sanding and polishing machines stood at $X per unit in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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