Germany: Market for Machine-Tools For Working Any Material By Removal Of Material 2022

Market Size for Machine-Tools For Working Any Material By Removal Of Material in Germany

In 2021, the German machine-tool for removing material market decreased by -X% to $X, falling for the sixth consecutive year after two years of growth. Overall, consumption showed a mild decrease. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Production of Machine-Tools For Working Any Material By Removal Of Material in Germany

In value terms, machine-tool for removing material production skyrocketed to $X in 2021 estimated in export prices. Overall, production faced a dramatic decrease. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Machine-tool for removing material production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports from Germany

In 2021, overseas shipments of machine-tools for working any material by removal of material increased by X% to X units, rising for the fifth year in a row after two years of decline. Overall, exports posted a slight expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% year-to-year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, machine-tool for removing material exports soared to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

China (X units), Poland (X units) and Italy (X units) were the main destinations of machine-tool for removing material exports from Germany, together comprising X% of total exports. These countries were followed by France, Austria, the Czech Republic, the Netherlands, Spain, Turkey, South Korea, Hungary, Sweden and Japan, which together accounted for a further X 2012 to 2021, the biggest increases were in Japan (+X%), while shipments for the other leaders experienced more modest paces of growth.

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

From 2012 to 2021, the average annual growth rate of value to China totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Italy (+X% per year).

Export Prices by Country

The average machine-tool for removing material export price stood at $X per unit in 2021, with an increase of X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to Turkey ($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 the Netherlands (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports into Germany

In 2021, purchases abroad of machine-tools for working any material by removal of material increased by X% to X units, rising for the fourth consecutive year after three years of decline. In general, imports, however, continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, machine-tool for removing material imports surged to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Switzerland (X units) constituted the largest supplier of machine-tool for removing material to Germany, with a X% share of total imports. Moreover, machine-tool for removing material imports from Switzerland exceeded the figures recorded by the second-largest supplier, China (X units), sixfold. The third position in this ranking was occupied by Italy (X units), with a X% share.

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

In value terms, Switzerland ($X) constituted the largest supplier of machine-tool for removing material to Germany, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with an X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Switzerland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-X% per year) and China (+X% per year).

Import Prices by Country

The average machine-tool for removing material import price stood at $X per unit in 2021, growing by X% against the previous year. In general, the import price posted moderate growth. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform