EU: Diamonded Boring Tools Market 2020

Diamonded Boring Tools Market Size in the EU

The revenue of the diamonded boring tools market in the European Union amounted to $X in 2017, approximately mirroring the previous year. The total market indicated a conspicuous expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the diamonded boring tools consumption decreased by -X% against 2014 indices. The growth pace was the most rapid in 2013, with an increase of X% year-to-year. Over the period under review, the diamonded boring tools market attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Diamonded Boring Tools Production in the EU

In 2017, the amount of boring or broaching tools with working part of diamond produced in the European Union stood at X units, waning by -X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% y-o-y. Over the period under review, the diamonded boring tools production reached its peak figure volume of X units in 2016, and then declined slightly in the following year.

Diamonded Boring Tools Exports in the EU

In 2017, diamonded boring tools exports in the European Union stood at X units, coming up by X% against the previous year. The diamonded boring tools exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when exports increased by X% against the previous year. In that year, the diamonded boring tools exports reached their peak volume of X units. From 2009 to 2017, growth of the diamonded boring tools exports stood at a somewhat lower level.

In value terms, diamonded boring tools exports stood at $X in 2017. The diamonded boring tools exports continue to indicate a relatively flat trend pattern. In that year, the diamonded boring tools exports reached their peak level of $X. From 2012 to 2017, growth of the diamonded boring tools exports stood at a somewhat lower level.

Diamonded Boring Tools Exports by Country in the EU

Germany represented the key exporter of boring or broaching tools with working part of diamond in the European Union, with the volume of exports finishing at X units, which was near X% of total exports in 2017. Italy (X units) occupied a X% share (based on tons) of total exports, which put it in second place, followed by the UK (X%), Spain (X%) and the Czech Republic (X%). The following exporters - France (X units) and Poland (X units) each recorded a X% share of total exports.

Exports from Germany increased at an average annual rate of +X% from 2007 to 2017. At the same time, Poland (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. The Czech Republic and Italy experienced a relatively flat trend pattern. By contrast, Spain (-X%), France (-X%) and the UK (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the UK increased by X% percentage points, while Germany (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest diamonded boring tools supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Italy ($X), with a X% share of global exports. It was followed by Spain, with a X% share.

In Germany, diamonded boring tools exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Italy (+X% per year) and Spain (-X% per year).

Diamonded Boring Tools Export Prices by Country in the EU

In 2017, the diamonded boring tools export price in the European Union amounted to $X per unit, remaining relatively unchanged against the previous year. The diamonded boring tools export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. Over the period under review, the export prices for boring or broaching tools with working part of diamond attained its peak figure level of $X per unit in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was France ($X per unit), while the UK ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by France (+X% per year), while the other leaders experienced more modest paces of growth.

Diamonded Boring Tools Imports in the EU

In 2017, imports of boring or broaching tools with working part of diamond in the European Union totaled X units, growing by X% against the previous year. The diamonded boring tools imports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2010, when imports increased by X% against the previous year. Over the period under review, the diamonded boring tools imports reached its maximum volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, diamonded boring tools imports totaled $X in 2017. The diamonded boring tools imports continue to indicate a mild curtailment. In that year, the diamonded boring tools imports attained their peak level of $X. From 2009 to 2017, growth of the diamonded boring tools imports stood at a somewhat lower level.

Diamonded Boring Tools Imports by Country in the EU

The UK (X units) and Germany (X units) represented the major importers of boring or broaching tools with working part of diamond in 2017, amounting to near X% and X% of total imports, respectively. Spain (X units) occupied the second position in the ranking, followed by Italy (X units), Austria (X units) and France (X units). All these countries together occupied near X% share of total imports. The Czech Republic (X units), Belgium (X units), Poland (X units), Romania (X units), Portugal (X units) and Slovakia (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Romania (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported boring or broaching tools with working part of diamond in the European Union, making up X% of global imports. The second position in the ranking was occupied by Italy ($X), with a X% share of global imports. It was followed by France, with a X% share.

In Germany, diamonded boring tools imports shrank by an average annual rate of -X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Italy (-X% per year) and France (-X% per year).

Diamonded Boring Tools Import Prices by Country in the EU

The diamonded boring tools import price in the European Union stood at $X per unit in 2017, rising by X% against the previous year. The diamonded boring tools import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. In that year, the import prices for boring or broaching tools with working part of diamond attained their peak level of $X per unit. From 2009 to 2017, growth of the import prices for boring or broaching tools with working part of diamond stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was France ($X per unit), while Portugal ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Czech Republic (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform