China - Coal Or Rock Cutters And Tunnelling Machinery - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

China - Coal Or Rock Cutters And Tunnelling Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Rock Cutter Price in China - 2023

Contents:

  1. Rock Cutter Price in China (FOB) - 2022
  2. Rock Cutter Price in China (CIF) - 2023
  3. Rock Cutter Exports in China
  4. Rock Cutter Imports in China

Rock Cutter Price in China (FOB) - 2022

In 2022, the average rock cutter export price amounted to $17,920 per unit, reducing by -1.6% against the previous year. In general, the export price recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 an increase of 49%. The export price peaked at $28,486 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($51,277 per unit), while the average price for exports to Mexico ($3,893 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 Serbia (+32.8%), while the prices for the other major destinations experienced mixed trend patterns.

Rock Cutter Price in China (CIF) - 2023

The average rock cutter import price stood at $26,002 per unit in September 2023, waning by -78.9% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average import price increased by 1,014% month-to-month. Over the period under review, average import prices attained the peak figure at $339K per unit in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was France ($28,737 per unit), while the price for Finland ($12,232 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Rock Cutter Exports in China

In 2022, the amount of coal or rock cutters and tunnelling machinery exported from China soared to 1.1K units, growing by 20% compared with 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked at 1.2K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, rock cutter exports soared to $21M in 2022. The total export value increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 19% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Export of Rock Cutter in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh9669.950.62,35934.7%
Russia4544383542,05865.5%
Yemen3665221,2171,21349.1%
Chile7205921,5941,19518.4%
Indonesia2263779311,09569.2%
Vietnam1,1891,211830640-18.7%
Tanzania14319322057458.9%
Thailand5151,8601915391.5%
Serbia70.322.51,35139577.8%
Philippines3183373633351.8%
Guinea48.217.338.419058.0%
Mexico11019.112318318.5%
Egypt364313279150-25.6%
Others12,2288,7859,9179,682-7.5%
Total17,71814,69717,45820,6095.2%

Top Export Markets for Rock Cutter from China in 2022:

  1. Yemen (144.0 units)
  2. Chile (131.0 units)
  3. Russia (86.0 units)
  4. Vietnam (74.0 units)
  5. Indonesia (51.0 units)
  6. Mexico (47.0 units)
  7. Bangladesh (46.0 units)
  8. Serbia (35.0 units)
  9. Thailand (35.0 units)
  10. Guinea (29.0 units)
  11. Philippines (26.0 units)
  12. Tanzania (25.0 units)
  13. Egypt (24.0 units)

Rock Cutter Imports in China

In 2022, supplies from abroad of coal or rock cutters and tunnelling machinery increased by 216% to 515 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a deep reduction. Imports peaked at 852 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, rock cutter imports soared to $43M in 2022. Over the period under review, imports, however, continue to indicate a noticeable descent. Imports peaked at $50M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Rock Cutter in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany34.416.89.129.6-4.9%
France7.34.84.510.813.9%
MexicoN/A0.20.91.4164.6%
Finland0.40.40.90.931.0%
United States7.36.3N/AN/A-13.7%
PolandN/A4.8N/AN/A0%
Others0.40.10.30.1-37.0%
Total49.833.515.842.9-4.8%

Top Suppliers of Rock Cutter to China in 2022:

  1. Germany (240.0 units)
  2. France (194.0 units)
  3. Finland (33.0 units)
  4. Mexico (29.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the rock cutter 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 28921235 - Coal or rock cutters and tunnelling machinery (excluding selfpropelled)

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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