China - Self-Propelled Boring Or Sinking Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSelf-Propelled Boring Machinery Price in China - 2023
Contents:
- Self-Propelled Boring Machinery Price in China (FOB) - 2022
- Self-Propelled Boring Machinery Price in China (CIF) - 2022
- Self-Propelled Boring Machinery Exports in China
- Self-Propelled Boring Machinery Imports in China
Self-Propelled Boring Machinery Price in China (FOB) - 2022
The average self-propelled boring machinery export price stood at $83,049 per unit in 2022, rising by 5.6% against the previous year. Over the period under review, the export price, however, showed a deep downturn. The pace of growth was the most pronounced in 2021 an increase of 24%. Over the period under review, the average export prices reached the peak figure at $455,101 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($348,981 per unit), while the average price for exports to Germany ($3,239 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 the Philippines (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Self-Propelled Boring Machinery Price in China (CIF) - 2022
The average self-propelled boring machinery import price stood at $363,599 per unit in 2022, shrinking by -9.4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 68%. Over the period under review, average import prices hit record highs at $591,175 per unit in 2014; however, from 2015 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 Finland ($1,260,535 per unit), while the price for Switzerland ($6,077 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+127.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Self-Propelled Boring Machinery Exports in China
In 2022, approx. 7.7K units of self-propelled boring or sinking machinery were exported from China; with an increase of 56% against 2021. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, self-propelled boring machinery exports soared to $642M in 2022. Overall, exports continue to indicate a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Self-Propelled Boring Machinery in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 66.2 | 34.6 | 50.6 | 136 | 27.1% |
| Russia | 43.8 | 33.6 | 47.1 | 98.2 | 30.9% |
| Saudi Arabia | 49.4 | 19.5 | 2.5 | 40.1 | -6.7% |
| Mexico | 1.4 | 2.6 | 2.7 | 37.5 | 199.2% |
| Kuwait | 18.5 | 10.0 | 43.6 | 33.6 | 22.0% |
| Vietnam | 6.6 | 9.1 | 15.8 | 31.0 | 67.5% |
| Indonesia | 18.7 | 14.9 | 18.5 | 16.6 | -3.9% |
| Philippines | 13.1 | 12.5 | 15.1 | 12.1 | -2.6% |
| Chile | 1.3 | 2.2 | 7.2 | 6.3 | 69.2% |
| Nigeria | 1.6 | 4.8 | 3.1 | 5.0 | 46.2% |
| Pakistan | 9.3 | 2.9 | 4.8 | 4.9 | -19.2% |
| Germany | 1.1 | 0.1 | 0.2 | 4.5 | 59.9% |
| United States | 0.1 | 1.1 | 0.8 | 3.4 | 224.0% |
| Others | 203 | 147 | 177 | 213 | 1.6% |
| Total | 434 | 295 | 389 | 642 | 13.9% |
Top Export Markets for Self-Propelled Boring Machinery from China in 2022:
- Germany (1393.0 units)
- Kuwait (994.0 units)
- Vietnam (803.0 units)
- India (525.0 units)
- Mexico (512.0 units)
- Russia (347.0 units)
- Indonesia (193.0 units)
- Philippines (173.0 units)
- Chile (171.0 units)
- Pakistan (144.0 units)
- United States (116.0 units)
- Saudi Arabia (115.0 units)
- Nigeria (114.0 units)
Self-Propelled Boring Machinery Imports in China
In 2022, overseas purchases of self-propelled boring or sinking machinery decreased by -16.4% to 56 units, falling for the second year in a row after two years of growth. Overall, imports recorded a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 3.3% against the previous year. As a result, imports reached the peak of 95 units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, self-propelled boring machinery imports contracted dramatically to $20M in 2022. In general, imports faced a precipitous slump. The smallest decline of -19.5% was in 2021. Imports peaked at $47M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Self-Propelled Boring Machinery in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 9.3 | 6.7 | 10.3 | 8.3 | -3.7% |
| United States | 7.3 | 5.6 | 5.4 | 2.1 | -34.0% |
| Finland | N/A | 0.2 | N/A | 1.3 | 155.0% |
| Spain | 0.2 | 0.4 | N/A | 0.2 | 0.0% |
| Canada | N/A | 0.2 | 0.2 | 0.1 | -29.3% |
| Denmark | N/A | N/A | N/A | 0.1 | 0% |
| Japan | 1.0 | 4.8 | 2.6 | 0.1 | -53.6% |
| Switzerland | N/A | N/A | 0.1 | N/A | 0% |
| Germany | 7.6 | 5.3 | 5.3 | N/A | -16.5% |
| Austria | N/A | 1.2 | 0.1 | N/A | -91.7% |
| Sweden | 2.2 | 3.6 | 0.5 | N/A | -52.3% |
| Taiwan (Chinese) | 0.1 | N/A | N/A | N/A | 0% |
| Others | 19.6 | 5.4 | 2.6 | 8.1 | -25.5% |
| Total | 47.5 | 33.4 | 26.9 | 20.4 | -24.6% |
Top Suppliers of Self-Propelled Boring Machinery to China in 2022:
- Italy (12.0 units)
- United States (10.0 units)
- Canada (1.0 units)
- Denmark (1.0 units)
- Finland (1.0 units)
- Sweden (1.0 units)
- Switzerland (1.0 units)
- Japan (1.0 units)
- Spain (1.0 units)
This report provides an in-depth analysis of the self-propelled boring machinery 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 28921253 - Self-propelled boring or sinking machinery
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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