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EU Wood Slicing Machine Industry Booms in 2024 Despite Export Drop

Production and market value of EU's wood slicing machines skyrocketed in 2024. Despite export and import declines, the industry's future looks promising.

In this picture we can see different kinds of food items on the paper. On the paper there are price...
In this picture we can see different kinds of food items on the paper. On the paper there are price boards and behind the food items there are other things.

EU Wood Slicing Machine Industry Booms in 2024 Despite Export Drop

The EU wood slicing machine industry witnessed significant shifts in 2024. Production and market value surged, while exports and imports experienced declines.

In 2024, the EU's wood slicing machine production reached $X in export price, marking a substantial increase. The market value soared by X% to $X, growing at an average annual rate of X% since 2012. Consumption peaked in 2024 and is projected to continue its upward trajectory.

However, exports of these machines decreased by X% to X units. This decline occurred at an average annual rate of X% from 2012, with the largest importers remaining unspecified. Imports also decreased by X% to X units, following a similar average annual decline since 2012. Notably, the EU import price of wood slicing machines increased by X% to $X thousand per unit in 2024.

Despite the decline in exports and imports, the EU wood slicing machine industry demonstrated robust growth in production and market value in 2024. The peak in consumption suggests a strong demand for these machines, indicating a positive outlook for the industry.

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