Asia: Diamonded Boring Tools Market 2020

Diamonded Boring Tools Market Size in Asia

The revenue of the diamonded boring tools market in Asia amounted to $X in 2017, increasing by X% against the previous year. The diamonded boring tools consumption continues to indicate a deep deduction. The pace of growth appeared the most rapid in 2017, with an increase of X% year-to-year. The level of diamonded boring tools consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Diamonded Boring Tools Production in Asia

The diamonded boring tools production stood at X units in 2017, approximately equating the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. Over the period under review, the diamonded boring tools production attained its maximum volume of X units in 2016, leveling off in the following year.

Diamonded Boring Tools Exports in Asia

In 2017, the amount of boring or broaching tools with working part of diamond exported in Asia stood at X units, increasing by X% against the previous year. The diamonded boring tools exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2010, when exports increased by X% year-to-year. The volume of exports peaked of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, diamonded boring tools exports totaled $X in 2017. The total exports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked in 2017, and are likely to see steady growth in the immediate term.

Diamonded Boring Tools Exports by Country in Asia

China represented the main exporter of boring or broaching tools with working part of diamond in Asia, with the volume of exports finishing at X units, which was near X% of total exports in 2017. Japan (X units) held the second position in the ranking, followed by Taiwan, Chinese (X units) and Thailand (X units). All these countries together occupied approx. X% share of total exports. The following exporters - South Korea (X units) and India (X units) each amounted to a X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to diamonded boring tools exports from China stood at +X%. At the same time, Thailand (+X%), Taiwan, Chinese (+X%), South Korea (+X%), Japan (+X%) and India (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of South Korea, Thailand, Japan, Taiwan, Chinese and China decreased by -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) remains the largest diamonded boring tools supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by Taiwan, Chinese, with a X% share.

In Japan, diamonded boring tools exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: China (+X% per year) and Taiwan, Chinese (+X% per year).

Diamonded Boring Tools Export Prices by Country in Asia

In 2017, the diamonded boring tools export price in Asia amounted to $X per unit, increasing by X% against the previous year. The diamonded boring tools export price continues to indicate a deep shrinkage. The growth pace was the most rapid in 2016, when it surged by X% year-to-year. The level of export price peaked of $X per unit in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

Diamonded Boring Tools Imports in Asia

In 2017, the amount of boring or broaching tools with working part of diamond imported in Asia totaled X units, growing by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2008, when it surged by X% year-to-year. In that year, the diamonded boring tools imports reached their peak volume of X units. From 2009 to 2017, growth of the diamonded boring tools imports failed to regain its momentum.

In value terms, diamonded boring tools imports amounted to $X in 2017. The total imports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the diamonded boring tools imports increased by +X% against 2015 indices. Over the period under review, the diamonded boring tools imports attained its maximum level in 2017, and are likely to see steady growth in the immediate term.

Diamonded Boring Tools Imports by Country in Asia

In 2017, China (X units), distantly followed by India (X units), Indonesia (X units), Japan (X units), Thailand (X units) and South Korea (X units) represented the main importers of boring or broaching tools with working part of diamond, together making up X% of total imports. The United Arab Emirates (X units) held the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported boring or broaching tools with working part of diamond in Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In China, diamonded boring tools imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Japan (+X% per year).

Diamonded Boring Tools Import Prices by Country in Asia

The diamonded boring tools import price in Asia stood at $X per unit in 2017, reducing by -X% against the previous year. The import price indicated a moderate growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the diamonded boring tools import price decreased by -X% against 2012 indices. The growth pace was the most rapid in 2009, an increase of X% against the previous year. Over the period under review, the import prices for boring or broaching tools with working part of diamond reached its peak figure level of $X per unit in 2016, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was South Korea ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform