EU: Market for Numerically Controlled Knee-Type Milling Machines For Working Metal 2024

Market Size for Numerically Controlled Knee-Type Milling Machines For Working Metal in the EU

The EU market for numerically controlled knee-type milling machines for working metal skyrocketed to $X in 2023, growing by X% against the previous year. Over the period under review, consumption, however, saw a pronounced increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Numerically Controlled Knee-Type Milling Machines For Working Metal in the EU

In value terms, numerically controlled knee-type milling machine production stood at $X in 2023 estimated in export price. Overall, production, however, recorded a mild shrinkage. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Exports of Numerically Controlled Knee-Type Milling Machines For Working Metal

Exports in the EU

Numerically controlled knee-type milling machine exports skyrocketed to X units in 2023, growing by X% compared with the previous year. Over the period under review, exports recorded a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X units. From 2022 to 2023, the growth of the exports remained at a lower figure.

In value terms, numerically controlled knee-type milling machine exports skyrocketed to $X in 2023. In general, exports, however, saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

The Netherlands dominates exports structure, finishing at X units, which was near X% of total exports in 2023. It was distantly followed by France (X units), comprising an X% share of total exports. The following exporters - Italy (X units) and the Czech Republic (X units) - each resulted at a X% share of total exports.

The Netherlands was also the fastest-growing in terms of the numerically controlled knee-type milling machines for working metal exports, with a CAGR of X% from 2012 to 2023. At the same time, Italy (X%) and the Czech Republic (X%) displayed positive paces of growth. By contrast, France (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the Netherlands increased by X percentage points.

In value terms, the largest numerically controlled knee-type milling machine supplying countries in the European Union were the Netherlands ($X), France ($X) and the Czech Republic ($X), with a combined X% share of total exports.

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

Export Prices by Country

The export price in the European Union stood at $X per unit in 2023, shrinking by X% against the previous year. In general, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2022 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced a decline in the export price figures.

Imports of Numerically Controlled Knee-Type Milling Machines For Working Metal

Imports in the EU

After two years of growth, purchases abroad of numerically controlled knee-type milling machines for working metal decreased by X% to X units in 2023. Overall, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2015 when imports increased by X%. As a result, imports attained the peak of X units. From 2016 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, numerically controlled knee-type milling machine imports skyrocketed to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

France was the largest importing country with an import of about X units, which finished at X% of total imports. Croatia (X units) ranks second in terms of the total imports with a X% share, followed by Germany (X%), Portugal (X%), Hungary (X%) and Spain (X%). Italy (X units), Romania (X units), the Czech Republic (X units), the Netherlands (X units), Poland (X units) and Sweden (X units) took a little share of total imports.

From 2012 to 2023, average annual rates of growth with regard to numerically controlled knee-type milling machine imports into France stood at X%. At the same time, Croatia (X%), Hungary (X%), Sweden (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Croatia emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. By contrast, Italy (X%), Germany (X%), Spain (X%), the Czech Republic (X%), Poland (X%), Portugal (X%) and Romania (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of France, Croatia and Hungary 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, France ($X), Italy ($X) and Germany ($X) were the countries with the highest levels of imports in 2023, together comprising X% of total imports. The Netherlands, Portugal, Romania, Croatia, Spain, Hungary, Poland, the Czech Republic and Sweden lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The import price in the European Union stood at $X per unit in 2023, picking up by X% against the previous year. In general, the import price enjoyed strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform