Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in China - 2023
Contents:
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in China (CIF) - 2023
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in China (FOB) - 2023
- Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in China
- Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in China
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in China (CIF) - 2023
The average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $83,047 per ton in December 2023, reducing by -6.2% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 16% month-to-month. The import price peaked at $101K per ton in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Sweden ($173K per ton), while the price for Slovenia ($32,295 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Singapore (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in China (FOB) - 2023
The average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $15,598 per ton in December 2023, with an increase of 6.9% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 61% against the previous month. As a result, the export price reached the peak level of $18,492 per ton. From March 2023 to December 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($22,675 per ton), while the average price for exports to India ($5,998 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in China
Imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses into China declined significantly to 2.7K tons in 2022, reducing by -17.4% compared with 2021 figures. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 29%. As a result, imports attained the peak of 3.3K tons, and then contracted significantly in the following year.
In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses contracted to $249M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. As a result, imports reached the peak of $284M, and then shrank in the following year.
| Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 82.2 | 78.4 | 94.2 | 87.9 | 2.3% |
| Japan | 55.3 | 49.9 | 64.8 | 52.5 | -1.7% |
| Taiwan (Chinese) | 13.8 | 14.2 | 18.3 | 16.5 | 6.1% |
| Sweden | 14.3 | 14.4 | 17.1 | 14.5 | 0.5% |
| South Korea | 12.5 | 10.4 | 13.8 | 11.9 | -1.6% |
| India | 4.2 | 5.0 | 7.1 | 7.1 | 19.1% |
| Italy | 4.9 | 4.3 | 7.7 | 5.1 | 1.3% |
| Singapore | 2.5 | 2.4 | 3.9 | 4.9 | 25.1% |
| France | 4.0 | 4.5 | 5.5 | 4.5 | 4.0% |
| Slovenia | 1.6 | 1.7 | 5.1 | 2.8 | 20.5% |
| Others | 37.7 | 37.6 | 46.0 | 40.9 | 2.8% |
| Total | 233 | 223 | 284 | 249 | 2.2% |
Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to China in 2022:
- Germany (885.1 tons)
- Japan (634.0 tons)
- Taiwan (Chinese) (351.2 tons)
- South Korea (185.1 tons)
- Singapore (96.0 tons)
- Sweden (76.1 tons)
- India (70.9 tons)
- Slovenia (60.3 tons)
- Italy (51.5 tons)
- France (48.6 tons)
Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in China
In 2022, the amount of machine-tools; parts and accessories, tool holders and self-opening dieheadses exported from China fell remarkably to 13K tons, shrinking by -15.2% compared with the previous year's figure. Over the period under review, exports recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of 16K tons, and then declined dramatically in the following year.
In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses fell to $164M in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. As a result, the exports attained the peak of $182M, and then shrank in the following year.
| Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.0 | 16.9 | 20.5 | 17.0 | 0.0% |
| Germany | 14.6 | 13.2 | 19.6 | 16.8 | 4.8% |
| Japan | 14.2 | 9.8 | 14.8 | 12.3 | -4.7% |
| Mexico | 5.9 | 10.2 | 13.2 | 11.9 | 26.3% |
| Russia | 12.1 | 10.1 | 10.8 | 9.7 | -7.1% |
| Taiwan (Chinese) | 9.1 | 3.9 | 8.3 | 8.7 | -1.5% |
| Italy | 7.3 | 5.0 | 7.0 | 8.5 | 5.2% |
| India | 6.3 | 5.5 | 5.7 | 7.4 | 5.5% |
| Vietnam | 3.3 | 6.8 | 6.3 | 5.8 | 20.7% |
| Malaysia | 4.4 | 6.3 | 8.7 | 5.4 | 7.1% |
| Brazil | 3.6 | 4.2 | 5.1 | 4.9 | 10.8% |
| Turkey | 1.7 | 2.5 | 3.4 | 3.5 | 27.2% |
| Poland | 1.9 | 1.6 | 2.2 | 1.9 | 0.0% |
| Others | 65.4 | 47.2 | 56.1 | 49.8 | -8.7% |
| Total | 167 | 143 | 182 | 164 | -0.6% |
Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from China in 2022:
- United States (1247.1 tons)
- India (1064.9 tons)
- Germany (1057.9 tons)
- Mexico (1040.0 tons)
- Italy (801.5 tons)
- Taiwan (Chinese) (786.8 tons)
- Brazil (738.6 tons)
- Russia (680.7 tons)
- Vietnam (550.5 tons)
- Japan (404.6 tons)
- Malaysia (390.3 tons)
- Turkey (373.4 tons)
- Poland (271.5 tons)
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