Machine-tools: grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled

In 2024, machine-tools: grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled trade exhibited slight decline, with global flows reaching $659,590,630 and a three-year compound annual growth rate of +4.4% (five-year: -5.4%). The all-time peak of $1,037,492,135 was recorded in 2012; the current level is 36% below that high-water mark.

Over the 30-year observation window (1995–2024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+6.8% acceleration).

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.157). The three largest exporters — Germany ($204.5M), Japan ($136.6M), and Switzerland ($76.2M) — collectively dominate supply flows. The leading exporter has grown at +1.4% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.131). The three largest import markets are China ($210.0M), United States ($79.4M), and India ($45.7M). The largest importing market sources from 24 different supplying countries.

The dominant trade corridor is Japan → China at $53.0M, representing 25.2% of the importer's total demand.

The volatility score for machine-tools: grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled is 1 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.