In 2021, China was by far the leading country for machine tools consumption, amounting to 23.59 billion euros worth of purchased machines. From very behind, the U.S. ranked second with a consumption volume of more than nine billion euros.
Leading countries in the consumption of machine tools* in 2021
(in billion euros)
* Excluding parts and accessories.
** Values are preliminary.
Consumption figures are calculated by a mathematical formula of “production minus exports plus imports.”
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VDW. (June 8, 2022). Leading countries in the consumption of machine tools* in 2021 (in billion euros) [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/238498/global-consumption-of-machine-tools-by-region/
VDW. "Leading countries in the consumption of machine tools* in 2021 (in billion euros)." Chart. June 8, 2022. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/238498/global-consumption-of-machine-tools-by-region/
VDW. (2022). Leading countries in the consumption of machine tools* in 2021 (in billion euros). Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/238498/global-consumption-of-machine-tools-by-region/
VDW. "Leading Countries in The Consumption of Machine Tools* in 2021 (in Billion Euros)." Statista, Statista Inc., 8 Jun 2022, https://www.statista.com/statistics/238498/global-consumption-of-machine-tools-by-region/
VDW, Leading countries in the consumption of machine tools* in 2021 (in billion euros) Statista, https://www.statista.com/statistics/238498/global-consumption-of-machine-tools-by-region/ (last visited November 04, 2024)
Leading countries in the consumption of machine tools* in 2021 (in billion euros) [Graph], VDW, June 8, 2022. [Online]. Available: https://www.statista.com/statistics/238498/global-consumption-of-machine-tools-by-region/
