Overview of the Global Market for Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Market Size for Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

The global market for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips surged to $X in 2022, rising by X% against the previous year. Over the period under review, consumption saw prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

In value terms, production of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips expanded slightly to $X in 2022 estimated in export price. Overall, the total production indicated a notable 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Global production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports

Global exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips rose to X tons in 2022, increasing by X% against the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The global exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips dropped modestly to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the global exports of attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) and the Netherlands (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Japan (X tons), Germany (X tons) and Israel (X tons), together committing a X% share of total exports. The following exporters - the United States (X tons), South Korea (X tons), Singapore (X tons), Sweden (X tons) and India (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest unmounted tool inserts, sticks or plates supplying countries worldwide were Germany ($X), the Netherlands ($X) and Japan ($X), together comprising X% of global exports. China, Israel, the United States, South Korea, Sweden, Singapore and India lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, India, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips amounted to $X per ton, reducing by X% against the previous year. In general, the export price recorded a pronounced slump. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other global leaders experienced more modest paces of growth.

Imports of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports

In 2022, the amount of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips imported worldwide expanded sharply to X tons, growing by X% compared with the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, global imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips reduced to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Global imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons), distantly followed by the United States (X tons), Canada (X tons), India (X tons) and Germany (X tons) represented the key importers of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips, together comprising X% of total imports. The following importers - Taiwan (Chinese) (X tons), Italy (X tons), Turkey (X tons), Russia (X tons), Luxembourg (X tons), France (X tons), China (X tons) and Belgium (X tons) - together made up X% of total imports.

Imports into the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Luxembourg (X%), Russia (X%), Turkey (X%), Canada (X%), Taiwan (Chinese) (X%), France (X%), China (X%), the United States (X%) and Italy (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. India experienced a relatively flat trend pattern. By contrast, Germany (X%) and Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, Canada, Russia, Luxembourg and Turkey increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), the Netherlands ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of global imports. Belgium, Italy, Turkey, India, China, France, Russia, Taiwan (Chinese), Canada and Luxembourg lagged somewhat behind, together accounting for a further X%.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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