EU: Wood Milling Machine Market 2024

Wood Milling Machine Market Size in the EU

The EU wood milling machine market reached $X in 2023, remaining relatively unchanged against the previous year. The total consumption indicated a notable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Wood Milling Machine Production in the EU

In value terms, wood milling machine production fell slightly to $X in 2023 estimated in export price. Overall, production, however, recorded a mild slump. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

Wood Milling Machine Exports

Exports in the EU

In 2023, approx. X units of planing, milling or moulding machines were exported in the European Union; reducing by X% against the previous year's figure. In general, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, wood milling machine exports dropped slightly to $X in 2023. The total export 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. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

In 2023, the Netherlands (X units), distantly followed by Germany (X units), Belgium (X units), Austria (X units) and Poland (X units) were the key exporters of planing, milling or moulding machines, together mixing up X% of total exports. The Czech Republic (X units), Italy (X units) and France (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Germany (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest wood milling machine supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Germany stood at X%. In the other countries, the average annual rates were as follows: Italy (X% per year) and Austria (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2023, growing by X% against the previous year. In general, the export price, however, showed a perceptible slump. The level of export peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the Netherlands ($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 more modest paces of growth.

Wood Milling Machine Imports

Imports in the EU

In 2023, overseas purchases of planing, milling or moulding machines decreased by X% to X units, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, wood milling machine imports fell to $X in 2023. Overall, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2022, and then shrank in the following year.

Imports by Country

In 2023, Germany (X units), distantly followed by the Netherlands (X units), Poland (X units), Slovakia (X units), Belgium (X units), France (X units) and Spain (X units) were the largest importers of planing, milling or moulding machines, together constituting X% of total imports. The Czech Republic (X units), Ireland (X units), Austria (X units), Greece (X units) and Sweden (X units) held a little share of total imports.

From 2012 to 2023, the biggest increases were recorded for Greece (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovakia ($X) and Austria ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. France, Poland, the Netherlands, Belgium, the Czech Republic, Spain, Ireland, Sweden and Greece lagged somewhat behind, together accounting for a further X%.

Greece, 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 leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per unit, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable setback. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

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

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

Source: IndexBox Platform