China - Centrifuges - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

China - Centrifuges - Market Analysis, Forecast, Size, Trends And Insights

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Centrifuges Price in China - 2023

Contents:

  1. Centrifuges Price in China (CIF) - 2022
  2. Centrifuges Price in China (FOB) - 2022
  3. Centrifuges Imports in China
  4. Centrifuges Exports in China

Centrifuges Price in China (CIF) - 2022

The average centrifuges import price stood at $8,001 per unit in 2022, shrinking by -14.5% against the previous year. Over the period under review, the import price saw a noticeable slump. The pace of growth was the most pronounced in 2014 when the average import price increased by 66% against the previous year. The import price peaked at $10,831 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($13,400 per unit), while the price for Belgium ($177 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Centrifuges Price in China (FOB) - 2022

In 2022, the average centrifuges export price amounted to $483 per unit, with an increase of 24% against the previous year. In general, the export price saw a temperate expansion. The pace of growth appeared the most rapid in 2016 an increase of 1,164%. The export price peaked at $14,139 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($1,053 per unit), while the average price for exports to the Philippines ($102 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifuges Imports in China

In 2022, imports of centrifuges into China expanded remarkably to 58K units, growing by 11% against 2021 figures. The total import volume increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 45% against the previous year. As a result, imports reached the peak of 63K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, centrifuges imports reduced to $462M in 2022. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 18% against the previous year. Over the period under review, imports attained the maximum at $486M in 2021, and then dropped slightly in the following year.

Import of Centrifuges in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany18619124524810.1%
United States53.269.871.568.28.6%
Japan38.061.147.550.810.2%
Slovakia7.56.121.920.038.7%
United Kingdom6.811.82.49.612.2%
France0.915.70.20.3-30.7%
Others64.364.397.565.70.7%
Total3574204864629.0%

Top Suppliers of Centrifuges to China in 2022:

  1. Germany (18.5K units)
  2. United States (14.4K units)
  3. Slovakia (7.1K units)
  4. United Kingdom (5.4K units)
  5. Japan (4.2K units)
  6. France (0.4K units)

Centrifuges Exports in China

In 2022, shipments abroad of centrifuges decreased by -5.9% to 629K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 484%. As a result, the exports reached the peak of 668K units, and then contracted in the following year.

In value terms, centrifuges exports skyrocketed to $304M in 2022. The total export value increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 21%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Centrifuges in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States27.022.121.125.2-2.3%
South Korea16.213.616.921.910.6%
Vietnam13.110.115.019.514.2%
Russia12.312.914.518.214.0%
Indonesia6.57.813.216.536.4%
Germany10.79.613.612.96.4%
Malaysia6.34.56.412.525.7%
Australia6.63.77.98.06.6%
Mexico3.53.24.45.919.0%
Philippines3.93.43.64.11.7%
Brazil4.57.94.13.8-5.5%
Nigeria1.71.01.22.412.2%
Peru1.01.02.01.617.0%
Others1271141361515.9%
Total2412152603048.0%

Top Export Markets for Centrifuges from China in 2022:

  1. United States (99.8K units)
  2. Mexico (48.4K units)
  3. Philippines (40.3K units)
  4. Indonesia (34.4K units)
  5. Germany (27.2K units)
  6. South Korea (22.1K units)
  7. Vietnam (18.5K units)
  8. Russia (18.2K units)
  9. Brazil (15.6K units)
  10. Australia (15.4K units)
  11. Malaysia (13.8K units)
  12. Peru (12.8K units)
  13. Nigeria (12.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the centrifuges market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32501380 - Centrifuges of a kind used in laboratories (excluding cream separators, clothes dryers)
  • Prodcom 28294100 - Centrifuges (excluding cream separators, clothes dryers, t hose used in laboratories)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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