Overview of the Global Market for Numerically Controlled Knee-Type Milling Machines For Working Metal

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

The global market for numerically controlled knee-type milling machines for working metal skyrocketed to $X in 2023, growing by X% against the previous year. In general, the total consumption indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2018 indices. As a result, consumption attained 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 value terms, numerically controlled knee-type milling machine production stood at $X in 2023 estimated in export price. Overall, production, however, showed a slight contraction. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2023, global production growth remained at a lower figure.

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

Exports

Global numerically controlled knee-type milling machine exports soared to X units in 2023, increasing by X% compared with the year before. In general, exports enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of X units. From 2022 to 2023, the growth of the global exports remained at a lower figure.

In value terms, numerically controlled knee-type milling machine exports skyrocketed to $X in 2023. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. The global exports peaked at $X in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, the Netherlands (X units) was the main exporter of numerically controlled knee-type milling machines for working metal, achieving X% of total exports. Taiwan (Chinese) (X units) took the second position in the ranking, followed by China (X units) and the United Arab Emirates (X units). All these countries together took near X% share of total exports. The following exporters - France (X units), Turkey (X units), Singapore (X units), the United States (X units), India (X units), Indonesia (X units) and Japan (X units) - together made up X% 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, Indonesia (X%), China (X%), Taiwan (Chinese) (X%), the United Arab Emirates (X%) and Turkey (X%) displayed positive paces of growth. By contrast, Japan (X%), Singapore (X%), India (X%), the United States (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the Netherlands, Taiwan (Chinese), China, the United Arab Emirates, Turkey and Indonesia increased by X, X, X, X, X and X percentage points, respectively.

In value terms, China ($X), Japan ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of global exports.

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

Export Prices by Country

The average export price for numerically controlled knee-type milling machines for working metal stood at $X per unit in 2023, leveling off at the previous year. In general, the export price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2022 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2023, the export prices stood at a somewhat lower figure.

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 Japan ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

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

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

Imports

In 2023, the amount of numerically controlled knee-type milling machines for working metal imported worldwide surged to X units, increasing by X% compared with 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Global imports peaked in 2023 and are likely to see steady growth in the near future.

In value terms, numerically controlled knee-type milling machine imports surged to $X in 2023. In general, imports, however, saw a noticeable decline. Over the period under review, global imports attained the peak figure at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

India (X units) and Mexico (X units) represented roughly X% of total imports in 2023. Bosnia and Herzegovina (X units) took the next position in the ranking, followed by the United Arab Emirates (X units). All these countries together took near X% share of total imports. Nigeria (X units), Japan (X units), the United States (X units), the UK (X units) and France (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bosnia and Herzegovina (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, India ($X), France ($X) and Mexico ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of global imports. The United States, the UK, Japan, Bosnia and Herzegovina, Nigeria and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Bosnia and Herzegovina, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average import price for numerically controlled knee-type milling machines for working metal stood at $X per unit in 2023, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per unit), while the United Arab Emirates ($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 United States (X%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform