Multi-Station Transfer Machine Market

The article discusses the increasing demand for multi-station transfer machines for working metal on a global scale, with a focus on consumption, production, and trade trends. It predicts a positive growth trajectory in both volume and value terms, highlighting key countries like the UK, the Netherlands, and Italy as major players in the market. Consumption and production figures are analyzed over a period of time to provide insights into market performance and trends.

Market Forecast

Driven by increasing demand for multi-station transfer machines for working metal worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +5.1% for the period from 2022 to 2030, which is projected to bring the market volume to 249K units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.0% for the period from 2022 to 2030, which is projected to bring the market value to $3.7B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Multi-Station Transfer Machines For Working Metal

In 2022, consumption of multi-station transfer machines for working metal increased by 14% to 167K units, rising for the second year in a row after four years of decline. In general, consumption saw a remarkable increase. As a result, consumption reached the peak volume of 184K units. From 2017 to 2022, the growth of the global consumption remained at a lower figure.

The global multi-station transfer machine market size surged to $3.2B in 2022, rising by 38% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +70.2% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were the UK (92K units), the Netherlands (48K units) and Italy (6.8K units), with a combined 88% share of global consumption.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by the Netherlands (with a CAGR of +31.2%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, Italy ($1.1B) led the market, alone. The second position in the ranking was taken by the UK ($469M).

From 2012 to 2022, the average annual growth rate of value in Italy stood at +13.0%. The remaining consuming countries recorded the following average annual rates of market growth: the UK (+29.7% per year) and the Netherlands (+28.4% per year).

From 2012 to 2022, the average annual rate of growth in terms of the multi-station transfer machine per capita consumption in the Netherlands totaled +30.7%. In the other countries, the average annual rates were as follows: the UK (+28.8% per year) and Italy (+13.6% per year).

Production

World Production of Multi-Station Transfer Machines For Working Metal

In 2022, production of multi-station transfer machines for working metal decreased by -11.3% to 164K units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, production, however, posted prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 304%. Global production peaked at 184K units in 2021, and then reduced in the following year.

In value terms, multi-station transfer machine production shrank markedly to $1.4B in 2022 estimated in export price. Overall, production saw a drastic downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by 24% against the previous year. As a result, production reached the peak level of $3.2B. From 2014 to 2022, global production growth remained at a somewhat lower figure.

Production By Country

The countries with the highest volumes of production in 2022 were the UK (92K units), the Netherlands (51K units) and Italy (7.4K units), with a combined 91% share of global production.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +21.1%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Multi-Station Transfer Machines For Working Metal

In 2022, global multi-station transfer machine imports reduced to 14K units, which is down by -8.8% against 2021. Overall, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 158% against the previous year. Over the period under review, global imports attained the maximum at 55K units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, multi-station transfer machine imports shrank to $581M in 2022. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 when imports increased by 28% against the previous year. Global imports peaked at $1.2B in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports By Country

In 2022, Norway (2.2K units), followed by India (1.4K units), the Netherlands (1.4K units), Bolivia (1.3K units) and Spain (0.9K units) represented the largest importers of multi-station transfer machines for working metal, together making up 51% of total imports. Poland (575 units), Singapore (541 units), Italy (533 units), the UK (401 units), Mozambique (305 units), Malaysia (275 units), Portugal (271 units) and Russia (265 units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Norway (with a CAGR of +93.6%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest multi-station transfer machine importing markets worldwide were the Netherlands ($41M), Poland ($39M) and Spain ($29M), together accounting for 19% of global imports. Italy, India, Russia, Portugal, Malaysia, the UK, Norway, Singapore, Mozambique and Bolivia lagged somewhat behind, together comprising a further 15%.

In terms of the main importing countries, Norway, with a CAGR of +29.7%, saw 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 multi-station transfer machine import price stood at $40,736 per unit in 2022, with an increase of 2.4% against the previous year. Over the period under review, the import price showed temperate growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 97%. Global import price peaked at $94,505 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Poland ($68,451 per unit), while Bolivia ($7 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 (+24.0%), while the other global leaders experienced mixed trends in the import price figures.

Exports

World Exports of Multi-Station Transfer Machines For Working Metal

After three years of growth, shipments abroad of multi-station transfer machines for working metal decreased by -79.9% to 11K units in 2022. Overall, exports recorded a noticeable decline. The growth pace was the most rapid in 2013 with an increase of 202% against the previous year. The global exports peaked at 54K units in 2021, and then fell significantly in the following year.

In value terms, multi-station transfer machine exports dropped to $558M in 2022. Over the period under review, exports continue to indicate a pronounced contraction. The growth pace was the most rapid in 2018 with an increase of 11% against the previous year. The global exports peaked at $870M in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports By Country

In 2022, the Netherlands (4.4K units) was the largest exporter of multi-station transfer machines for working metal, creating 41% of total exports. China (2.1K units) took a 19% share (based on physical terms) of total exports, which put it in second place, followed by Italy (10%) and Germany (4.8%). The UK (295 units), Turkey (218 units), Spain (212 units), the Dominican Republic (192 units), Switzerland (188 units) and Taiwan (Chinese) (169 units) took a minor share of total exports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of multi-station transfer machines for working metal. At the same time, the Dominican Republic (+69.2%), Turkey (+18.5%) and China (+9.9%) displayed positive paces of growth. Moreover, the Dominican Republic emerged as the fastest-growing exporter exported in the world, with a CAGR of +69.2% from 2012-2022. By contrast, Italy (-5.3%), Switzerland (-5.9%), the UK (-6.1%), Germany (-8.7%), Spain (-11.9%) and Taiwan (Chinese) (-12.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, the Netherlands, the Dominican Republic and Turkey increased by +13, +5.7, +1.8 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($156M), Switzerland ($119M) and Germany ($99M) constituted the countries with the highest levels of exports in 2022, with a combined 67% share of global exports. The Netherlands, China, Spain, Taiwan (Chinese), Turkey, the UK and the Dominican Republic lagged somewhat behind, together comprising a further 13%.

Turkey, with a CAGR of +19.2%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

In 2022, the average multi-station transfer machine export price amounted to $51,563 per unit, surging by 324% against the previous year. Overall, the export price, however, continues to indicate a pronounced setback. Over the period under review, the average export prices attained the peak figure at $64,705 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($632,201 per unit), while the Dominican Republic ($171 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+6.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform