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United Kingdom - Machine-Tools For Working Any Material By Removal Of Material - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Machine-Tool for Removing Material in the UK - 2023
Contents:
- Price for Machine-Tool for Removing Material in the UK (CIF) - 2022
- Price for Machine-Tool for Removing Material in the UK (FOB) - 2022
- Imports of Machine-Tool for Removing Material in the UK
- Exports of Machine-Tool for Removing Material in the UK
Price for Machine-Tool for Removing Material in the UK (CIF) - 2022
In 2022, the average machine-tool for removing material import price amounted to $1,459 per unit, growing by 8.7% against the previous year. Overall, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 110% against the previous year. Over the period under review, average import prices attained the maximum at $1,910 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Germany ($12,925 per unit), while the price for China ($228 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machine-Tool for Removing Material in the UK (FOB) - 2022
The average machine-tool for removing material export price stood at $4,056 per unit in 2022, rising by 380% against the previous year. Over the period under review, the export price showed a strong increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 1,136% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($15,990 per unit), while the average price for exports to Canada ($515 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machine-Tool for Removing Material in the UK
After three years of growth, overseas purchases of machine-tools for working any material by removal of material decreased by -22.2% to 115K units in 2022. Over the period under review, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +13.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 37%. As a result, imports reached the peak of 148K units, and then shrank rapidly in the following year.
In value terms, machine-tool for removing material imports declined remarkably to $168M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 51%. As a result, imports attained the peak of $198M, and then shrank markedly in the following year.
Import of Machine-Tool for Removing Material in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 68.5 | 41.8 | 62.5 | 27.2 | -26.5% |
China | 12.4 | 10.3 | 18.6 | 20.7 | 18.6% |
Italy | 18.6 | 15.4 | 16.3 | 12.9 | -11.5% |
United States | 8.1 | 4.7 | 22.8 | 11.1 | 11.1% |
Austria | 4.5 | 8.2 | 9.6 | 3.7 | -6.3% |
Taiwan (Chinese) | 3.5 | 1.6 | 1.7 | 2.0 | -17.0% |
Others | 55.3 | 49.7 | 66.8 | 90.1 | 17.7% |
Total | 171 | 132 | 198 | 168 | -0.6% |
Top Suppliers of Machine-Tool for Removing Material to the UK in 2022:
- China (90.7K units)
- Italy (5.6K units)
- United States (5.2K units)
- Austria (2.2K units)
- Germany (2.1K units)
- Taiwan (Chinese) (1.9K units)
Exports of Machine-Tool for Removing Material in the UK
In 2022, after three years of growth, there was significant decline in shipments abroad of machine-tools for working any material by removal of material, when their volume decreased by -80.7% to 19K units. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 208% against the previous year. As a result, the exports attained the peak of 96K units, and then fell dramatically in the following year.
In value terms, machine-tool for removing material exports reduced to $75M in 2022. Over the period under review, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 7.5% against the previous year. The exports peaked at $95M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Machine-Tool for Removing Material in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 29.8 | 16.4 | 16.7 | 20.1 | -12.3% |
Ireland | 7.4 | 8.9 | 4.9 | 7.5 | 0.4% |
Turkey | 2.2 | 0.4 | 0.1 | 4.9 | 30.6% |
Germany | 5.8 | 3.0 | 5.3 | 4.3 | -9.5% |
France | 3.2 | 2.1 | 3.1 | 3.4 | 2.0% |
Netherlands | 3.1 | 3.5 | 4.0 | 3.0 | -1.1% |
Australia | 1.3 | 1.9 | 1.8 | 1.7 | 9.4% |
Japan | 0.9 | 0.8 | 1.8 | 1.4 | 15.9% |
Italy | 0.6 | 0.5 | 3.0 | 1.3 | 29.4% |
India | 1.3 | 1.7 | 0.5 | 1.3 | 0.0% |
Norway | 0.4 | 0.7 | 0.5 | 0.7 | 20.5% |
Cyprus | N/A | 0.2 | 0.1 | 0.4 | 41.4% |
Canada | 0.4 | 0.4 | 0.3 | 0.3 | -9.1% |
Others | 38.8 | 35.1 | 38.8 | 25.1 | -13.5% |
Total | 95.3 | 75.3 | 81.0 | 75.1 | -7.6% |
Top Export Markets for Machine-Tool for Removing Material from the UK in 2022:
- United States (6.2K units)
- Germany (1.7K units)
- Australia (1.3K units)
- Ireland (1.3K units)
- India (0.8K units)
- Cyprus (0.8K units)
- Japan (0.7K units)
- Netherlands (0.6K units)
- Norway (0.6K units)
- Canada (0.5K units)
- France (0.5K units)
- Turkey (0.3K units)
- Italy (0.3K units)
This report provides an in-depth analysis of the market for machine-tool for removing material in the UK. 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 28411110 - Machine-tools for working any material by removal of material, operated by laser or other light or photon beam processes
- Prodcom 28411130 - Machine-tools for working any material by removal of material, operated by ultrasonic processes (excluding machines for the manufacture of semiconductor devices or of electronic integrated circuits)
- Prodcom 28411150 - Machine tools for working any material by removal of material, operated by electro-discharge processes
- Prodcom 28411170 - Machine-tools for working any material by removal of material, operated by electro-chemical, electron-beam, ionicbeam or plasma arc processes
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for machine-tool for removing material in the UK.
This report provides an in-depth analysis of the global market for machine-tool for removing material.
This report provides an in-depth analysis of the market for machine-tool for removing material in the UK.
This report provides an in-depth analysis of the global market for machine-tool for removing material.
Discover the world's best import markets for machine-tools for removing material. Get insights into the top countries, import values, and market trends. Utilize IndexBox market intelligence platform for comprehensive data.
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