Global Horizontal Machining Centre Market 2024

Horizontal Machining Centre Market Size

In 2022, the global horizontal machining centre market decreased by X% to $X.3B, falling for the second consecutive year after nine years of growth. Over the period under review, the total consumption indicated a remarkable increase 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, consumption decreased by X% against 2020 indices. Global consumption peaked at $X.6B in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Horizontal Machining Centre Production

In value terms, horizontal machining centre production dropped slightly to $X.4B in 2022 estimated in export price. Overall, production, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Global production peaked at $X.6B in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Horizontal Machining Centre Exports

Exports

In 2022, overseas shipments of horizontal machining centres for working metal increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The global exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, horizontal machining centre exports expanded to $X in 2022. In general, exports, however, saw a pronounced shrinkage. The growth pace was the most rapid in 2021 when exports increased by X%. The global exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Japan represented the major exporting country with an export of about X units, which resulted at X% of total exports. Taiwan (Chinese) (X units) ranks second in terms of the total exports with a X% share, followed by China (X%), Germany (X%), the UK (X%), the United States (X%) and South Korea (X%).

Exports from Japan decreased at an average annual rate of X% from 2012 to 2022. At the same time, China (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. The United States, South Korea and Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, Germany (X%) and the UK (X%) illustrated a downward trend over the same period. China (X p.p.), Taiwan (Chinese) (X p.p.), the United States (X p.p.) and South Korea (X p.p.) significantly strengthened its position in terms of the global exports, while Germany and the UK saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), Germany ($X) and Taiwan (Chinese) ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of global exports. The United States, South Korea, China and the UK lagged somewhat behind, together accounting for a further X%.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Export Prices by Country

The average horizontal machining centre export price stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the UK ($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 UK (X%), while the other global leaders experienced mixed trends in the export price figures.

Horizontal Machining Centre Imports

Imports

In 2022, approx. X units of horizontal machining centres for working metal were imported worldwide; waning by X% on the year before. In general, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Global imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, horizontal machining centre imports rose markedly to $X in 2022. Overall, imports showed a pronounced contraction. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, global imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units), distantly followed by the United States (X units), the UK (X units), Turkey (X units), India (X units) and Italy (X units) represented the major importers of horizontal machining centres for working metal, together creating X% of total imports. The following importers - Germany (X units), Canada (X units), Belgium (X units), Russia (X units), Malaysia (X units), the Netherlands (X units) and Thailand (X units) - together made up X% of total imports.

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

In value terms, the largest horizontal machining centre importing markets worldwide were China ($X), the United States ($X) and Turkey ($X), with a combined X% share of global imports. Italy, Germany, Belgium, India, Russia, the Netherlands, Canada, Malaysia, the UK and Thailand lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 horizontal machining centre import price amounted to $X per unit, surging by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Global import price peaked at $X per unit in 2019; however, from 2020 to 2022, 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 the United States ($X per unit), while the UK ($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 Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :