Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Germany - 2023
Contents:
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Germany (FOB) - 2023
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Germany (CIF) - 2022
- Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Germany
- Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Germany
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Germany (FOB) - 2023
The average export price for drawing, marking-out or mathematical calculating instrumentses stood at $46.5 per unit in December 2023, picking up by 32% against the previous month. Overall, export price indicated a perceptible expansion from December 2022 to December 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for drawing, marking-out or mathematical calculating instrumentses increased by +59.3% against October 2023 indices. The pace of growth was the most pronounced in May 2023 when the average export price increased by 33% against the previous month. Over the period under review, the average export prices hit record highs in December 2023.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Italy ($158 per unit), while the average price for exports to Ecuador ($1.7 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Germany (CIF) - 2022
The average import price for drawing, marking-out or mathematical calculating instrumentses stood at $16 per unit in 2022, with an increase of 28% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for drawing, marking-out or mathematical calculating instrumentses increased by +62.3% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($154 per unit), while the price for India ($3.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Germany
Exports of drawing, marking-out or mathematical calculating instrumentses from Germany shrank rapidly to 1.3M units in 2022, waning by -17.1% against 2021 figures. Over the period under review, exports recorded a slight setback. The pace of growth was the most pronounced in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of 1.5M units, and then contracted rapidly in the following year.
In value terms, exports of drawing, marking-out or mathematical calculating instrumentses dropped notably to $39M in 2022. In general, exports continue to indicate a slight curtailment. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, the exports attained the peak of $51M, and then dropped markedly in the following year.
Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 5.7 | 5.4 | 7.8 | 6.0 | 1.7% |
Austria | 3.9 | 3.6 | 4.3 | 3.5 | -3.5% |
Poland | 2.8 | 3.6 | 4.1 | 3.4 | 6.7% |
Italy | 2.1 | 2.3 | 3.0 | 3.1 | 13.9% |
United Kingdom | 1.6 | 1.5 | 1.5 | 2.0 | 7.7% |
Netherlands | 1.6 | 1.9 | 2.5 | 1.7 | 2.0% |
Spain | 1.7 | 2.2 | 2.3 | 1.7 | 0.0% |
Switzerland | 1.5 | 1.4 | 1.7 | 1.4 | -2.3% |
Czech Republic | 1.1 | 1.2 | 1.7 | 1.0 | -3.1% |
Belgium | 1.0 | 1.0 | 1.5 | 1.0 | 0.0% |
Sweden | 0.4 | 0.3 | 1.0 | 0.8 | 26.0% |
Hungary | 0.7 | 0.6 | 0.5 | 0.5 | -10.6% |
Slovenia | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
Others | 15.6 | 13.9 | 18.7 | 12.3 | -7.6% |
Total | 40.0 | 39.1 | 51.0 | 38.8 | -1.0% |
Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Germany in 2022:
- France (168.7K units)
- Poland (148.8K units)
- Austria (145.6K units)
- United Kingdom (103.4K units)
- Netherlands (85.5K units)
- Italy (75.3K units)
- Switzerland (60.4K units)
- Spain (52.5K units)
- Czech Republic (38.8K units)
- Sweden (32.8K units)
- Belgium (31.6K units)
- Hungary (27.3K units)
- Slovenia (23.8K units)
Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Germany
In 2022, approx. 2M units of drawing, marking-out or mathematical calculating instrumentses were imported into Germany; with a decrease of -23.7% against the year before. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of 2.6M units, and then dropped remarkably in the following year.
In value terms, imports of drawing, marking-out or mathematical calculating instrumentses contracted slightly to $32M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 10%. As a result, imports attained the peak of $33M, and then shrank in the following year.
Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 13.3 | 8.3 | 8.8 | 10.0 | -9.1% |
Netherlands | 0.4 | 7.0 | 6.4 | 6.0 | 146.6% |
Poland | 4.6 | 4.2 | 4.7 | 3.7 | -7.0% |
Slovakia | 1.8 | 1.9 | 2.3 | 1.5 | -5.9% |
France | 0.6 | 0.8 | 1.3 | 1.0 | 18.6% |
Czech Republic | 1.1 | 0.8 | 1.1 | 0.8 | -10.1% |
Switzerland | 0.4 | 0.8 | 0.9 | 0.8 | 26.0% |
Belgium | N/A | 0.3 | 0.2 | 0.7 | 52.8% |
Spain | 0.4 | 0.3 | 0.6 | 0.5 | 7.7% |
India | 0.3 | 0.2 | 0.4 | 0.3 | 0.0% |
Taiwan (Chinese) | 0.3 | 0.2 | 0.4 | 0.2 | -12.6% |
United Kingdom | 1.2 | 1.0 | 0.1 | 0.2 | -45.0% |
Others | 4.8 | 4.0 | 5.6 | 6.4 | 10.1% |
Total | 29.2 | 29.9 | 32.9 | 32.1 | 3.2% |
Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Germany in 2022:
- China (726.8K units)
- Netherlands (233.9K units)
- Slovakia (181.2K units)
- France (176.5K units)
- Belgium (155.9K units)
- India (100.7K units)
- Poland (90.0K units)
- Spain (50.3K units)
- Switzerland (49.6K units)
- Taiwan (Chinese) (30.4K units)
- Czech Republic (27.5K units)
- United Kingdom (13.3K units)
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