Price for Drawing, Marking-Out or Mathematical Calculating Instruments in China - 2024
Contents:
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in China (FOB) - 2022
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in China (CIF) - 2022
- Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in China
- Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in China
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in China (FOB) - 2022
In 2022, the average export price for drawing, marking-out or mathematical calculating instrumentses amounted to $0.5 per unit, reducing by -14.5% against the previous year. Overall, the export price, however, enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 759%. Over the period under review, the average export prices reached the peak figure at $5.3 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
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 Japan ($1.3 per unit), while the average price for exports to Togo ($0.1 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 France (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in China (CIF) - 2022
In 2022, the average import price for drawing, marking-out or mathematical calculating instrumentses amounted to $3.3 per unit, increasing by 62% against the previous year. Over the period under review, the import price posted a slight increase. The import price peaked at $5.5 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($33 per unit), while the price for the Czech Republic ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in China
In 2022, overseas shipments of drawing, marking-out or mathematical calculating instrumentses were finally on the rise to reach 373M units after two years of decline. Overall, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports of attained the peak figure at 379M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of drawing, marking-out or mathematical calculating instrumentses surged to $179M in 2022. The total export value increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Drawing, Marking-Out or Mathematical Calculating Instruments in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 21.6 | 24.7 | 21.6 | 19.5 | -3.4% |
| Japan | 11.0 | 10.5 | 13.3 | 17.7 | 17.2% |
| Vietnam | 6.5 | 7.8 | 6.7 | 9.6 | 13.9% |
| Russia | 3.3 | 3.9 | 5.3 | 4.8 | 13.3% |
| Mexico | 6.3 | 3.6 | 2.5 | 4.5 | -10.6% |
| Kenya | 3.0 | 0.8 | 2.3 | 4.5 | 14.5% |
| France | 3.6 | 3.9 | 5.0 | 4.3 | 6.1% |
| South Africa | 3.1 | 2.6 | 3.0 | 3.9 | 8.0% |
| Uganda | 2.1 | 0.8 | 0.7 | 3.8 | 21.9% |
| Nigeria | 6.4 | 2.1 | 4.9 | 3.6 | -17.5% |
| Indonesia | 2.8 | 1.7 | 1.5 | 3.3 | 5.6% |
| Togo | 1.4 | 1.4 | 1.9 | 1.9 | 10.7% |
| Denmark | 1.2 | 0.9 | 0.3 | 1.2 | 0.0% |
| Others | 77.4 | 68.7 | 75.4 | 96.1 | 7.5% |
| Total | 150 | 133 | 144 | 179 | 6.1% |
Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from China in 2022:
- Vietnam (34.3M units)
- United States (24.1M units)
- Kenya (19.0M units)
- Togo (17.2M units)
- Mexico (16.2M units)
- Uganda (15.4M units)
- Japan (14.1M units)
- Nigeria (12.5M units)
- Russia (12.2M units)
- Denmark (8.7M units)
- France (8.1M units)
- Indonesia (7.8M units)
- South Africa (7.8M units)
Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in China
In 2022, imports of drawing, marking-out or mathematical calculating instrumentses into China contracted rapidly to 522K units, with a decrease of -56.2% compared with 2021. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 71% against the previous year. As a result, imports attained the peak of 1.2M units, and then dropped sharply in the following year.
In value terms, imports of drawing, marking-out or mathematical calculating instrumentses declined remarkably to $1.7M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of $2.4M, and then reduced notably in the following year.
| Import of Drawing, Marking-Out or Mathematical Calculating Instruments in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 503 | 423 | 573 | 572 | 4.4% |
| United States | 132 | 77.4 | 292 | 217 | 18.0% |
| Taiwan (Chinese) | 455 | 365 | 592 | 181 | -26.5% |
| Germany | 81.1 | 168 | 131 | 134 | 18.2% |
| Vietnam | N/A | N/A | 412 | 47.1 | -88.6% |
| Czech Republic | 11.8 | 3.0 | 11.3 | 13.8 | 5.4% |
| Others | 173 | 634 | 431 | 570 | 48.8% |
| Total | 1,357 | 1,671 | 2,443 | 1,736 | 8.6% |
Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to China in 2022:
- Japan (320.0K units)
- Taiwan (Chinese) (66.4K units)
- Czech Republic (24.9K units)
- Vietnam (20.7K units)
- Germany (15.1K units)
- United States (6.6K units)
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