Global Shank Metal Milling Tools Market 2020

Shank Metal Milling Tools Market Size

The global shank metal milling tools market revenue amounted to $X in 2017, going up by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2011, with an increase of X% year-to-year. Over the period under review, the global shank metal milling tools market reached its maximum level in 2017, and is expected to retain its growth in the immediate term.

Shank Metal Milling Tools Production

In 2017, approx. X units of shank type milling tools for working metal were produced worldwide; coming up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2016, when it surged by X% y-o-y. Global shank metal milling tools production peaked in 2017, and is expected to retain its growth in the near future.

Shank Metal Milling Tools Exports

In 2017, the amount of shank type milling tools for working metal exported worldwide totaled X units, jumping by X% against the previous year. Overall, the total exports indicated a strong increase from 2007 to 2017: its volume 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 shank metal milling tools exports increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Global exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, shank metal milling tools exports amounted to $X in 2017. Overall, the total exports indicated a strong 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 shank metal milling tools exports increased by +X% against 2014 indices. Global exports peaked in 2017, and are likely to continue its growth in the near future.

Shank Metal Milling Tools Exports by Country

In 2017, China (X units), distantly followed by Germany (X units), Italy (X units), Switzerland (X units), the Netherlands (X units), South Korea (X units), Taiwan, Chinese (X units) and Japan (X units) were the major exporters of shank type milling tools for working metal, together mixed up X% of total exports. The U.S. (X units), France (X units), Belgium (X units) and Austria (X units) took the slight share of total exports.

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

In value terms, Germany ($X) remains the largest shank metal milling tools supplier worldwide, making up X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Germany totaled +X%. In the other countries, the average annual rates were as follows: China (+X% per year) and South Korea (+X% per year).

Shank Metal Milling Tools Export Prices by Country

In 2017, the average shank metal milling tools export price amounted to $X per unit, rising by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, when the average export prices increased by X% year-to-year. Global export price peaked of $X per unit in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Germany ($X per unit), while China ($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 Japan (+X% per year), while the other global leaders experienced more modest paces of growth.

Shank Metal Milling Tools Imports

In 2017, the global shank metal milling tools imports amounted to X units, jumping by X% against the previous year. Overall, the total imports indicated a perceptible expansion from 2007 to 2017: its volume 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 shank metal milling tools imports increased by +X% against 2009 indices. The growth pace was the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, the global shank metal milling tools imports attained its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, shank metal milling tools imports totaled $X in 2017. Overall, the total imports indicated a remarkable 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 shank metal milling tools imports increased by +X% against 2015 indices. Over the period under review, the global shank metal milling tools imports reached its peak figure level in 2017, and are likely to continue its growth in the near future.

Shank Metal Milling Tools Imports by Country

In 2017, Germany (X units), distantly followed by China (X units), the U.S. (X units), the Netherlands (X units), the UK (X units) and Switzerland (X units) represented the largest importers of shank type milling tools for working metal, together comprising X% of total imports. Russia (X units), France (X units), Italy (X units), Spain (X units), Austria (X units) and Poland (X units) took the mild share of total imports.

From 2007 to 2017, average annual rates of growth with regard to shank metal milling tools imports into Germany stood at +X%. At the same time, China (+X%), Russia (+X%), Switzerland (+X%), the UK (+X%), France (+X%), Spain (+X%), Italy (+X%), the U.S. (+X%) and Austria (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. Poland and the Netherlands experienced a relatively flat trend pattern. From 2007 to 2017, the share of the UK, Russia, Switzerland, China and Germany decreased by -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest shank metal milling tools markets worldwide were Germany ($X), the U.S. ($X) and China ($X), together accounting for X% of global imports.

China (+X% per year) experienced the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other global leaders experienced more modest paces of growth.

Shank Metal Milling Tools Import Prices by Country

In 2017, the average shank metal milling tools import price amounted to $X per unit, coming up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013, when the average import prices increased by X% y-o-y. In that year, the average import prices for shank type milling tools for working metal attained their peak level of $X per unit. From 2014 to 2017, growth of the average import prices for shank type milling tools for working metal failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was the U.S. ($X per unit), while Spain ($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 U.S. (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform