Germany: Overview of the Market for Machine-Tools For Working Any Material By Removal Of Material 2021

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

In 2020, the German machine-tool for removing material market decreased by -X% to $X, falling for the third consecutive year after two years of growth. Overall, consumption showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2018 to 2020, the growth of the market remained at a lower figure.

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

In value terms, machine-tool for removing material production expanded slightly to $X in 2020 estimated in export prices. Over the period under review, production, however, enjoyed a measured expansion. The pace of growth appeared the most rapid in 2011 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level in 2020 and is expected to retain growth in the near future.

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

Exports from Germany

In 2020, shipments abroad of machine-tools for working any material by removal of material decreased by -X% to X units, falling for the second consecutive year after five years of growth. Overall, total exports indicated mild growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X units in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, machine-tool for removing material exports fell remarkably to $X in 2020. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

China (X units), the U.S. (X units) and Italy (X units) were the main destinations of machine-tool for removing material exports from Germany, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in the U.S., while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for machine-tool for removing material exported from Germany were China ($X), the U.S. ($X) and Italy ($X), with a combined X% share of total exports.

The U.S. recorded the highest rates of growth with regard to 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

In 2020, the average machine-tool for removing material export price amounted to $X per unit, with a decrease of -X% against the previous year. Over the period under review, the export price saw a mild decline. The pace of growth appeared the most rapid in 2013 an increase of X% y-o-y. As a result, export price reached the peak level of $X per unit. From 2014 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Average prices varied noticeably for the major export markets. In 2020, the countries with the highest prices were the U.S. ($X per unit) and China ($X per unit), while the average price for exports to South Korea ($X per unit) and Switzerland ($X per unit) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced a decline.

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

Imports into Germany

In 2020, approx. X units of machine-tools for working any material by removal of material were imported into Germany; declining by -X% compared with 2019 figures. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. As a result, imports attained the peak of X units. From 2015 to 2020, the growth imports remained at a lower figure.

In value terms, machine-tool for removing material imports declined remarkably to $X in 2020. In general, imports showed a noticeable contraction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Switzerland (X units) constituted the largest machine-tool for removing material supplier 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, Japan (X units), fivefold. China (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Switzerland totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-X% per year) and China (+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 a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Switzerland totaled -X%. 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 2020, waning by -X% against the previous year. In general, the import price, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2019, and then contracted sharply in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Switzerland ($X per unit) and Japan ($X per unit), while the price for Italy ($X per unit) and Austria ($X per unit) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Switzerland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machine-tools for working any material by removal of material in the world?

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The U.S. (200K units) remains the largest machine-tool for removing material consuming country worldwide, comprising approx. 22% of total volume. Moreover, machine-tool for removing material consumption in the U.S. exceeded the figures recorded by the second-largest consumer, China (91K units), twofold. Japan (87K units) ranked third in terms of total consumption with a 9.5% share.

What are the largest producers of machine-tools for working any material by removal of material in the world?

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Germany (1.4M units) constituted the country with the largest volume of machine-tool for removing material production, comprising approx. 57% of total volume. Moreover, machine-tool for removing material production in Germany exceeded the figures recorded by the second-largest producer, China (279K units), fivefold. The third position in this ranking was occupied by Singapore (117K units), with a 4.8% share.

What are the leading suppliers of machine-tools for working any material by removal of material to Germany?

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In value terms, Switzerland ($292M) constituted the largest supplier of machine-tool for removing material to Germany, comprising 65% of total imports. The second position in the ranking was occupied by Japan ($54M), with a 12% share of total imports. It was followed by China, with a 5.9% share.

What are the leading importers of machine-tools for working any material by removal of material from Germany?

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In value terms, China ($114M), the U.S. ($108M) and Italy ($54M) appeared to be the largest markets for machine-tool for removing material exported from Germany worldwide, together comprising 29% of total exports.

What is the average export price for machine-tools for working any material by removal of material in Germany?

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In 2020, the average machine-tool for removing material export price amounted to $683 per unit, falling by -2.8% against the previous year.

What is the average import price for machine-tools for working any material by removal of material in Germany?

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The average machine-tool for removing material import price stood at $98,928 per unit in 2020, with a decrease of -15.9% against the previous year.