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World - Machine Tools For Working Metal - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Aug 1, 2024

World - Machine Tools For Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jun 19, 2024

Explore the Top Import Markets for Machine-Tool for Working Metal

When it comes to the global market for machine-tools for working metal, some countries stand out as the top importers in the world. According to data from the IndexBox market intelligence platform, the top-10 countries by import value of machine-tools for working metal in 2023 are as follows:

  1. United States - $1.5 billion USD
  2. Mexico - $908.0 million USD
  3. China - $793.8 million USD
  4. India - $504.7 million USD
  5. Germany - $438.1 million USD
  6. Turkey - $341.1 million USD
  7. Vietnam - $316.6 million USD
  8. Canada - $311.3 million USD
  9. Thailand - $290.4 million USD
  10. Italy - $286.3 million USD

1. United States

The United States leads the world in imports of machine-tools for working metal, with a total import value of $1.5 billion USD in 2023. The country's strong manufacturing sector and high demand for industrial machinery make it a key market for suppliers of machine-tools.

2. Mexico

Mexico is the second-largest importer of machine-tools for working metal, with an import value of $908.0 million USD in 2023. The country's proximity to the United States and its growing manufacturing industry contribute to its high level of imports in this category.

3. China

China, a global manufacturing powerhouse, imports $793.8 million USD worth of machine-tools for working metal in 2023. The country's massive industrial sector and emphasis on technological advancement drive demand for high-quality machine-tools.

4. India

India's import value for machine-tools for working metal reached $504.7 million USD in 2023. The country's growing manufacturing sector and investment in infrastructure projects are key drivers of this import market.

5. Germany

Germany, known for its precision engineering and high-quality manufacturing, imports $438.1 million USD worth of machine-tools for working metal in 2023. The country's strong industrial base and commitment to innovation drive demand for advanced machinery.

6. Turkey

Turkey imports $341.1 million USD worth of machine-tools for working metal in 2023. The country's diverse manufacturing sector and strategic location between Europe and Asia make it a key market for suppliers of industrial machinery.

7. Vietnam

Vietnam's import value for machine-tools for working metal is $316.6 million USD in 2023. The country's rapidly expanding manufacturing industry and favorable business environment attract suppliers of machine-tools from around the world.

8. Canada

Canada imports $311.3 million USD worth of machine-tools for working metal in 2023. The country's strong ties to the United States and its diverse manufacturing sector contribute to its high level of imports in this category.

9. Thailand

Thailand's import value for machine-tools for working metal is $290.4 million USD in 2023. The country's growing industrial sector and investment in infrastructure projects drive demand for advanced machinery and equipment.

10. Italy

Italy rounds out the top-10 list of import markets for machine-tools for working metal, with an import value of $286.3 million USD in 2023. The country's renowned manufacturing traditions and emphasis on quality make it a destination for suppliers of high-end machinery.

Overall, these top import markets for machine-tools for working metal represent a diverse range of countries with strong manufacturing sectors and high demand for industrial machinery. Suppliers looking to expand their presence in the global market for machine-tools should consider targeting these key markets for growth and opportunity.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for machine-tool for working metal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28413120 - Numerically controlled bending, folding, straightening or flattening machines for working flat metal products (including presses)
  • Prodcom 28413140 - Numerically controlled bending, folding, straightening or flattening machines for working metal (including presses) (excluding those for working flat metal products)
  • Prodcom 28413160 - Non-numerically controlled bending, folding, straightening or flattening machines for working flat metal products (including presses)
  • Prodcom 28413180 - Non-numerically controlled bending, folding, straightening or flattening machines for working metal (including presses) (excluding those for working flat metal products)
  • Prodcom 28413220 - Numerically controlled shearing machines for working metal (including presses) (excluding combined punching and shearing machines)
  • Prodcom 28413240 - Numerically controlled punching or notching machines for working metal (including presses, combined punching and shearing machines)
  • Prodcom 28413260 - Non-numerically controlled shearing machines for working metal (including presses) (excluding combined punching and shearing machines)
  • Prodcom 28413280 - Non-numerically controlled punching or notching machines for working metal (including presses, combined punching and shearing machines)
  • Prodcom 28413310 - Numerically controlled forging or die-stamping machines and hammers for working metal (including presses)
  • Prodcom 28413320 - Non-numerically controlled forging or die-stamping machines and hammers for working metal (including presses)
  • Prodcom 28413330 -
  • Prodcom 28413340 -
  • Prodcom 28413370 -
  • Prodcom 28413380 -

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Thomasnet, De Boer Tool Ltd., USATCO/US Air Tool Co., CS Unitec, SCHENCK USA CORP, SSP Fittings Corp., AmeriStar Mfg., PSM Industries, Suncor Stainless, Sutton-Garten Co., Royal Products, Nitto Kohki, DEPRAG USA, SC Manufacturing Texas LLC, Scot Forge, TrueForge, MachineMfg, ScienceDirect Topics, Reliance Foundry, Buffalo Machines, Phoenix Inc., National Machine Tool Co., Stegman Tool Co.

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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