China - Machine Tools For Working Metal - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

China - Machine Tools For Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Price for Machine-Tool for Working Metal in China - 2023

Contents:

  1. Price for Machine-Tool for Working Metal in China (FOB) - 2022
  2. Price for Machine-Tool for Working Metal in China (CIF) - 2022
  3. Exports of Machine-Tool for Working Metal in China
  4. Imports of Machine-Tool for Working Metal in China

Price for Machine-Tool for Working Metal in China (FOB) - 2022

The average machine-tool for working metal export price stood at $1,584 per unit in 2022, picking up by 25% against the previous year. In general, the export price, however, showed a slight setback. The export price peaked at $2,061 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($8,168 per unit), while the average price for exports to the Netherlands ($179 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 Mexico (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Machine-Tool for Working Metal in China (CIF) - 2022

The average machine-tool for working metal import price stood at $133,087 per unit in 2022, growing by 7.2% against the previous year. In general, the import price, however, continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2019 an increase of 22%. Over the period under review, average import prices hit record highs at $180,651 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($248,233 per unit), while the price for Hong Kong SAR ($15,989 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Machine-Tool for Working Metal in China

After three years of growth, overseas shipments of machine tools for working metal decreased by -11.3% to 918K units in 2022. The total export volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, the exports reached the peak of 1M units, and then shrank in the following year.

In value terms, machine-tool for working metal exports expanded markedly to $1.5B in 2022. The total export value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 32%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Machine-Tool for Working Metal in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India14284.91251420.0%
Vietnam1411001241410.0%
United States73.775.680.392.88.0%
Russia40.749.670.688.729.7%
Mexico36.935.653.062.719.3%
Japan37.229.732.738.00.7%
Australia21.623.035.634.216.6%
Canada14.314.118.416.54.9%
Poland15.714.518.616.00.6%
Germany24.712.823.013.3-18.6%
Belgium7.510.38.712.819.5%
Netherlands7.313.514.211.616.7%
United Kingdom13.412.112.29.2-11.8%
Others5995146947769.0%
Total1,1759911,3111,4547.4%

Top Export Markets for Machine-Tool for Working Metal from China in 2022:

  1. United States (310.5K units)
  2. Netherlands (64.9K units)
  3. Russia (51.4K units)
  4. Canada (42.1K units)
  5. Australia (36.4K units)
  6. Germany (33.2K units)
  7. United Kingdom (24.3K units)
  8. Poland (23.8K units)
  9. Japan (23.7K units)
  10. Vietnam (22.5K units)
  11. Belgium (20.7K units)
  12. Mexico (19.6K units)
  13. India (17.4K units)

Imports of Machine-Tool for Working Metal in China

Machine-tool for working metal imports into China contracted dramatically to 6.2K units in 2022, declining by -25.3% against 2021. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Over the period under review, imports reached the maximum at 8.6K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, machine-tool for working metal imports plummeted to $826M in 2022. Overall, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. Over the period under review, imports attained the peak figure at $1.3B in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Machine-Tool for Working Metal in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan343288283234-12.0%
Germany303196185183-15.5%
Taiwan (Chinese)12393.111792.5-9.1%
South Korea15473.112965.6-24.8%
Switzerland65.534.772.262.6-1.5%
Italy87.871.773.449.5-17.4%
United States41.542.031.042.71.0%
Hong Kong SAR0.11.50.25.5280.3%
Others14812314091.1-14.9%
Total1,2659241,032826-13.2%

Top Suppliers of Machine-Tool for Working Metal to China in 2022:

  1. Taiwan (Chinese) (1731.0 units)
  2. Japan (1250.0 units)
  3. Germany (737.0 units)
  4. Switzerland (557.0 units)
  5. Italy (474.0 units)
  6. Hong Kong SAR (347.0 units)
  7. South Korea (326.0 units)
  8. United States (198.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machine-tool for working metal 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 28413120 - Numerically controlled bending, folding, straightening or flattening machines for working flat metal products (including presses)
  • Prodcom 28413140 - Numerically controlled bending, folding, straightening or flattening machines for working metal (including presses) (excluding those for working flat metal products)
  • Prodcom 28413160 - Non-numerically controlled bending, folding, straightening or flattening machines for working flat metal products (including presses)
  • Prodcom 28413180 - Non-numerically controlled bending, folding, straightening or flattening machines for working metal (including presses) (excluding those for working flat metal products)
  • Prodcom 28413220 - Numerically controlled shearing machines for working metal (including presses) (excluding combined punching and shearing machines)
  • Prodcom 28413240 - Numerically controlled punching or notching machines for working metal (including presses, combined punching and shearing machines)
  • Prodcom 28413260 - Non-numerically controlled shearing machines for working metal (including presses) (excluding combined punching and shearing machines)
  • Prodcom 28413280 - Non-numerically controlled punching or notching machines for working metal (including presses, combined punching and shearing machines)
  • Prodcom 28413310 - Numerically controlled forging or die-stamping machines and hammers for working metal (including presses)
  • Prodcom 28413320 - Non-numerically controlled forging or die-stamping machines and hammers for working metal (including presses)
  • Prodcom 28413330 -
  • Prodcom 28413340 -
  • Prodcom 28413370 -
  • Prodcom 28413380 -

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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