United Kingdom: Stone Polishing Machine Market 2024

Stone Polishing Machine Market Size in the UK

In 2022, the UK stone polishing machine market increased by X% to $X, rising for the second year in a row after seven years of decline. In general, consumption, however, recorded a deep slump. Stone polishing machine consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Stone Polishing Machine Production in the UK

In value terms, stone polishing machine production reached $X in 2022 estimated in export price. In general, production continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Stone Polishing Machine Exports

Exports from the UK

In 2022, approx. X units of grinding or polishing machines for working stone, ceramics and concrete were exported from the UK; growing by X% against the year before. In general, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, stone polishing machine exports declined to $X in 2022. Overall, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for stone polishing machine exports from the UK, accounting for a X% share of total exports. Moreover, stone polishing machine exports to Belgium exceeded the volume sent to the second major destination, France (X units), twofold. The third position in this ranking was taken by Lithuania (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Lithuania (X% per year).

In value terms, the United States ($X) remains the key foreign market for grinding or polishing machines for working stone, ceramics and concrete exports from the UK, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with an X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the average stone polishing machine export price amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Belgium ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Stone Polishing Machine Imports

Imports into the UK

In 2022, overseas purchases of grinding or polishing machines for working stone, ceramics and concrete increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, recorded a perceptible downturn. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, stone polishing machine imports surged to $X in 2022. In general, total imports indicated a pronounced 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. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Bulgaria (X units), Italy (X units) and the United States (X units) were the main suppliers of stone polishing machine imports to the UK, together accounting for X% of total imports. Spain, the Czech Republic, France, Austria, Germany, Latvia, China and South Korea lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of grinding or polishing machines for working stone, ceramics and concrete to the UK, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

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

Import Prices by Country

The average stone polishing machine import price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price, however, continues to indicate a temperate expansion. The pace of growth was the most pronounced in 2013 an increase of X%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Latvia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform