France: Wood Milling Machine Market 2022

Wood Milling Machine Market Size in France

In 2021, after two years of decline, there was significant growth in the French wood milling machine market, when its value increased by 123% to $X. Over the period under review, consumption enjoyed a buoyant increase. Wood milling machine consumption peaked in 2021 and is likely to see gradual growth in years to come.

Wood Milling Machine Production in France

In value terms, wood milling machine production dropped to $X in 2021 estimated in export price. Overall, production showed strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 14% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then dropped in the following year.

Wood Milling Machine Exports

Exports from France

In 2021, approx. X units of planing, milling or moulding machines were exported from France; waning by -23.5% on the year before. Overall, exports recorded a noticeable downturn. The pace of growth appeared the most rapid in 2018 when exports increased by 80% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, wood milling machine exports shrank slightly to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 84%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X units), Germany (X units) and Estonia (X units) were the main destinations of wood milling machine exports from France, with a combined 30% share of total exports. Togo, Russia, Spain, Serbia, Italy, Poland, Denmark, the United States, Lithuania and Switzerland lagged somewhat behind, together accounting for a further 48%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +95.2%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Switzerland ($X) and Germany ($X) constituted the largest markets for wood milling machine exported from France worldwide, with a combined 39% share of total exports. Italy, Russia, Lithuania, Poland, Spain, Denmark, the Netherlands, Estonia, Togo and Serbia lagged somewhat behind, together accounting for a further 37%.

In terms of the main countries of destination, Denmark, with a CAGR of +53.3%, 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

The average wood milling machine export price stood at $X per unit in 2021, rising by 28% against the previous year. In general, export price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wood milling machine export price increased by +65.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to the Netherlands ($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 Switzerland (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Milling Machine Imports

Imports into France

In 2021, after two years of decline, there was significant growth in supplies from abroad of planing, milling or moulding machines, when their volume increased by 59% to X units. In general, imports continue to indicate strong growth. The growth pace was the most rapid in 2018 when imports increased by 105% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, wood milling machine imports surged to $X in 2021. Overall, imports continue to indicate a mild expansion. The pace of growth was the most pronounced in 2018 with an increase of 119%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and Belgium (X units) were the main suppliers of wood milling machine imports to France, with a combined 74% share of total imports. The Netherlands, Lithuania, Italy and Austria lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2021, the biggest increases were in Lithuania (with a CAGR of +1,261.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of wood milling machine to France, comprising 44% of total imports. The second position in the ranking was taken by Italy ($X), with a 14% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-6.6% per year) and China (+7.9% per year).

Import Prices by Country

In 2021, the average wood milling machine import price amounted to $X per unit, rising by 15% against the previous year. Over the period under review, the import price, however, showed a abrupt setback. The growth pace was the most rapid in 2015 an increase of 22%. The import price peaked at $X per unit in 2012; however, from 2013 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 ($X per unit), while the price for Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+81.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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