United Kingdom - Machine Tools For Working Metal Without Removing Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Machine Tool for Metal in the UK - 2023
Contents:
- Price for Machine Tool for Metal in the UK (FOB) - 2022
- Price for Machine Tool for Metal in the UK (CIF) - 2022
- Exports of Machine Tool for Metal in the UK
- Imports of Machine Tool for Metal in the UK
Price for Machine Tool for Metal in the UK (FOB) - 2022
In 2022, the average machine tool for metal export price amounted to $403 per unit, with an increase of 6.4% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 89%. As a result, the export price attained the peak level of $593 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1,294 per unit), while the average price for exports to Sweden ($46 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 Mexico (+25.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Machine Tool for Metal in the UK (CIF) - 2022
In 2022, the average machine tool for metal import price amounted to $93 per unit, approximately equating the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 74%. Over the period under review, average import prices hit record highs at $95 per unit in 2012; however, from 2013 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 Canada ($447 per unit), while the price for Japan ($34 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Machine Tool for Metal in the UK
In 2022, approx. 20K units of machine tools for working metal without removing metal were exported from the UK; shrinking by -28.7% against 2021. Overall, exports faced a dramatic decrease. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports reached the maximum at 71K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, machine tool for metal exports reduced sharply to $8M in 2022. Over the period under review, exports faced a significant decrease. The smallest decline of -16.9% was in 2021. Over the period under review, the exports hit record highs at $22M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Machine Tool for Metal in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.1 | 9.2 | 1.3 | 2.2 | -10.8% |
| United States | 3.1 | 1.3 | 2.4 | 1.2 | -27.1% |
| Spain | 5.1 | N/A | 0.1 | 0.9 | -43.9% |
| Germany | 3.2 | 0.2 | 1.3 | 0.8 | -37.0% |
| Italy | 0.1 | N/A | 1.4 | 0.7 | 91.3% |
| China | 1.6 | 0.2 | 0.5 | 0.4 | -37.0% |
| Japan | 2.7 | 0.1 | N/A | 0.4 | -47.1% |
| Sweden | 0.1 | N/A | 0.3 | 0.2 | 26.0% |
| Ireland | 0.3 | 0.1 | 0.3 | 0.2 | -12.6% |
| Others | 3.0 | 1.6 | 2.8 | 1.0 | -30.7% |
| Total | 22.4 | 12.7 | 10.5 | 8.0 | -29.1% |
Top Export Markets for Machine Tool for Metal from the UK in 2022:
- Japan (4.0K units)
- Sweden (3.7K units)
- United States (3.5K units)
- Spain (1.8K units)
- France (1.7K units)
- Italy (1.0K units)
- Germany (1.0K units)
- China (0.7K units)
- Ireland (0.6K units)
Imports of Machine Tool for Metal in the UK
In 2022, approx. 127K units of machine tools for working metal without removing metal were imported into the UK; jumping by 43% compared with the previous year. Overall, imports, however, continue to indicate a abrupt contraction. Imports peaked at 177K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, machine tool for metal imports surged to $12M in 2022. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Machine Tool for Metal in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.3 | 1.2 | 1.9 | 2.4 | 1.4% |
| United States | 2.1 | 1.4 | 1.8 | 2.2 | 1.6% |
| China | 2.1 | 1.2 | 0.5 | 1.6 | -8.7% |
| Taiwan (Chinese) | 0.1 | 0.6 | 1.2 | 1.4 | 141.0% |
| Canada | N/A | N/A | 1.0 | 1.3 | 30.0% |
| Japan | 1.1 | 0.2 | 0.2 | 0.6 | -18.3% |
| Spain | 1.1 | 0.4 | N/A | 0.6 | -18.3% |
| Others | 2.8 | 1.5 | 1.5 | 1.7 | -15.3% |
| Total | 11.6 | 6.5 | 8.2 | 11.8 | 0.6% |
Top Suppliers of Machine Tool for Metal to the UK in 2022:
- United States (50.3K units)
- Taiwan (Chinese) (21.4K units)
- Germany (20.6K units)
- Japan (18.1K units)
- China (7.4K units)
- Spain (5.6K units)
- Canada (2.8K units)
This report provides an in-depth analysis of the market for machine tool for metal 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 28413470 - Riveting machines, swaging machines and spinning lathes for working metal, machines for manufacturing flexible tubes of spiral metal strip and electro-magnetic pulse metal forming machines, and other machine tools for working metal without removing metal
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
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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
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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
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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
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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
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