The market is dominated by domestic suppliers, as imports account for 45.4% of total market size in 2020. B2B drives market demand, with B2B spending representing 100% of total demand in 2020. The UK has the 10th largest market size for machinery for metallurgy in the region, with demand reaching USD70.0 million in 2020. Rautomead Ltd is the largest company in the UK, generating 5.2% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 14.5% of total production value in 2020. The total number of companies decreases in 2020, to 40 units. The costs of the industry decrease by 12.7% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 31.1% of production value in 2020, the highest in the region. The industry’s exports share increases in 2020 to 60.8% of total production output. With production value of USD93.9 million, the UK accounts for 0.9% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Machinery for Metallurgy in the UK: ISIC 2923. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Metallurgy in the UK: ISIC 2923 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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