Asia - Draw-Benches for Bars, Tubes, Profiles, Wire or the Like - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAsia: Bar Draw-Bench Market 2024
Bar Draw-Bench Market Size in Asia
The Asian bar draw-bench market soared to $X in 2023, growing by X% against the previous year. Overall, consumption, however, saw a perceptible setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.
Bar Draw-Bench Production in Asia
In value terms, bar draw-bench production expanded sharply to $X in 2023 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.
Bar Draw-Bench Exports
Exports in Asia
In 2023, shipments abroad of draw-benches for bars, tubes, profiles, wire or the like increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports showed resilient growth. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. The volume of export peaked in 2023 and is likely to see steady growth in the near future.
In value terms, bar draw-bench exports reduced remarkably to $X in 2023. Over the period under review, exports, however, saw a mild decrease. The pace of growth was the most pronounced in 2022 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then reduced rapidly in the following year.
Exports by Country
In 2023, the Philippines (X units) represented the key exporter of draw-benches for bars, tubes, profiles, wire or the like, generating X% of total exports. China (X units) ranks second in terms of the total exports with a X% share, followed by India (X%) and Japan (X%). Turkey (X units) followed a long way behind the leaders.
From 2012 to 2023, the biggest increases were recorded for the Philippines (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, China ($X) remains the largest bar draw-bench supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by India, with a X% share.
From 2012 to 2023, the average annual growth rate of value in China stood at X%. In the other countries, the average annual rates were as follows: Turkey (X% per year) and India (X% per year).
Export Prices by Country
In 2023, the export price in Asia amounted to $X per unit, which is down by X% against the previous year. In general, the export price saw a abrupt slump. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the Philippines ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced a decline in the export price figures.
Bar Draw-Bench Imports
Imports in Asia
For the third year in a row, Asia recorded growth in overseas purchases of draw-benches for bars, tubes, profiles, wire or the like, which increased by X% to X units in 2023. In general, imports, however, continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2023, imports failed to regain momentum.
In value terms, bar draw-bench imports contracted remarkably to $X in 2023. Over the period under review, imports, however, showed a deep reduction. The growth pace was the most rapid in 2022 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.
Imports by Country
India prevails in imports structure, recording X units, which was near X% of total imports in 2023. It was distantly followed by the Philippines (X units), Thailand (X units) and Nepal (X units), together mixing up a X% share of total imports. The following importers - Japan (X units), Israel (X units), Pakistan (X units), Vietnam (X units), Indonesia (X units) and Iraq (X units) - together made up X% of total imports.
From 2012 to 2023, average annual rates of growth with regard to bar draw-bench imports into India stood at X%. At the same time, Nepal (X%), the Philippines (X%), Pakistan (X%), Iraq (X%), Japan (X%) and Israel (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2023. By contrast, Indonesia (X%), Vietnam (X%) and Thailand (X%) illustrated a downward trend over the same period. While the share of India (X p.p.), the Philippines (X p.p.), Nepal (X p.p.), Japan (X p.p.), Israel (X p.p.) and Pakistan (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Vietnam ($X), India ($X) and Indonesia ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports. Japan, Iraq, Israel, Thailand, the Philippines, Nepal and Pakistan lagged somewhat behind, together accounting for a further X%.
Nepal, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the import price in Asia amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price continues to indicate a slight curtailment. The growth pace was the most rapid in 2014 an increase of X%. The level of import peaked at $X per unit in 2016; however, from 2017 to 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Vietnam ($X per unit), while Nepal ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Iraq (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the bar draw-bench market in Asia. 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 28413410 - Draw-benches for bars, tubes, profiles, wire or the like of metal, sintered metal carbides or cermets
Country coverage:
- Afghanistan
- Armenia
- Azerbaijan
- Bahrain
- Bangladesh
- Bhutan
- Brunei Darussalam
- Cambodia
- China
- Cyprus
- Democratic People's Republic of Korea
- Georgia
- Hong Kong SAR
- India
- Indonesia
- Iran
- Iraq
- Israel
- Japan
- Jordan
- Kazakhstan
- Kuwait
- Kyrgyzstan
- Lao People's Democratic Republic
- Lebanon
- Macao SAR
- Malaysia
- Maldives
- Mongolia
- Myanmar
- Nepal
- Oman
- Pakistan
- Palestine
- Philippines
- Qatar
- Saudi Arabia
- Singapore
- South Korea
- Sri Lanka
- Syrian Arab Republic
- Taiwan (Chinese)
- Tajikistan
- Thailand
- Timor-Leste
- Turkey
- Turkmenistan
- United Arab Emirates
- Uzbekistan
- Vietnam
- Yemen
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Asia, split by region and country
- Trade (exports and imports) in Asia
- 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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Afghanistan
- Armenia
- Azerbaijan
- Bahrain
- Bangladesh
- Bhutan
- Brunei Darussalam
- Cambodia
- China
- Hong Kong SAR
- Macao SAR
- Cyprus
- Georgia
- India
- Indonesia
- Iran
- Iraq
- Israel
- Japan
- Jordan
- Kazakhstan
- Kuwait
- Kyrgyzstan
- Lebanon
- Malaysia
- Maldives
- Mongolia
- Myanmar
- Nepal
- Oman
- Pakistan
- Palestine
- Philippines
- Qatar
- Saudi Arabia
- Singapore
- South Korea
- Sri Lanka
- Syrian Arab Republic
- Taiwan (Chinese)
- Tajikistan
- Thailand
- Timor-Leste
- Turkey
- Turkmenistan
- United Arab Emirates
- Uzbekistan
- Vietnam
- Yemen
- Lao People's Democratic Republic
- Democratic People's Republic of Korea
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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