Global Diamonded Drilling Tools Market 2020

Diamonded Drilling Tools Market Size

The global diamonded drilling tools market revenue amounted to $X in 2017, coming down by -X% against the previous year. In general, diamonded drilling tools consumption continues to indicate an abrupt decline. The most prominent rate of growth was recorded in 2012, when market value increased by X% year-to-year. Global diamonded drilling tools consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Diamonded Drilling Tools Production

In 2017, the global production of drilling tools with working part of diamond stood at X units, growing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2010, when the output figure increased by X% year-to-year. Over the period under review, the global diamonded drilling tools production reached its maximum volume in 2017, and is likely to continue its growth in the immediate term.

Diamonded Drilling Tools Exports

In 2017, approx. X units of drilling tools with working part of diamond were exported worldwide; jumping by X% against the previous year. Overall, diamonded drilling tools exports continue to indicate a strong expansion. The growth pace was the most rapid in 2011, when exports increased by X% y-o-y. Over the period under review, the global diamonded drilling tools exports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, diamonded drilling tools exports stood at $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Global exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Diamonded Drilling Tools Exports by Country

China prevails in diamonded drilling tools exports structure, recording X units, which was near X% of total exports in 2017. It was distantly followed by Germany (X units), creating X% share of total exports. Switzerland (X units) took the minor share of total exports.

China was also the fastest growing in terms of the drilling tools with working part of diamond exports, with a CAGR of +X% from 2007 to 2017. At the same time, Germany (+X%) and Switzerland (+X%) displayed positive paces of growth. From 2007 to 2017, the share of Germany and China decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest diamonded drilling tools markets worldwide were Germany ($X), China ($X) and Switzerland ($X), with a combined X% share of global exports.

China (+X% per year) recorded the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other global leaders experienced more modest paces of growth.

Diamonded Drilling Tools Export Prices by Country

The average diamonded drilling tools export price stood at $X per unit in 2017, dropping by -X% against the previous year. Overall, diamonded drilling tools export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2012, an increase of X% y-o-y. Global export price peaked of $X per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Switzerland ($X per unit), while China ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Germany (-X% per year), while the other global leaders experienced a decline in the export price figures.

Diamonded Drilling Tools Imports

In 2017, approx. X units of drilling tools with working part of diamond were imported worldwide; jumping by X% against the previous year. Overall, the total imports indicated a strong expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the diamonded drilling tools imports increased by +X% against 2009 indices. The pace of growth appeared the most rapid in 2010, when imports increased by X% against the previous year. Global imports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, diamonded drilling tools imports totaled $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the global diamonded drilling tools imports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Diamonded Drilling Tools Imports by Country

In 2017, China (X units), distantly followed by Germany (X units), Thailand (X units) and Russia (X units) were the major importers of drilling tools with working part of diamond, together achieving X% of total imports. The following importers - the U.S. (X units), Switzerland (X units), the Netherlands (X units), Indonesia (X units), Mexico (X units), the UK (X units), France (X units) and Vietnam (X units) together made up X% of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Vietnam (+X%), Indonesia (+X%), Thailand (+X%), Mexico (+X%), the Netherlands (+X%), Russia (+X%), Switzerland (+X%), France (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. By contrast, the UK (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Mexico, Russia, Vietnam, Indonesia, Thailand and China decreased by -X%, -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), Germany ($X) and Switzerland ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of global imports. These countries were followed by China, France, the UK, Mexico, Russia, the Netherlands, Thailand, Vietnam and Indonesia, which together accounted for a further X%.

Among the main importing countries , Vietnam (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Diamonded Drilling Tools Import Prices by Country

The average diamonded drilling tools import price stood at $X per unit in 2017, approximately equating the previous year. Overall, diamonded drilling tools import price continues to indicate a measured descent. The pace of growth was the most pronounced in 2011, an increase of X% y-o-y. Global import price peaked of $X per unit in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was the U.S. ($X per unit), while Indonesia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform