
Asia - Machines for Treating Metal, Having Individual Functions - Market Analysis, Forecast, Size, Trends and Insights
Asia: Metal Treating Machine Market 2022
Metal Treating Machine Market Size in Asia
In 2021, the Asian metal treating machine market increased by X% to $X, rising for the fifth year in a row after two years of decline. Overall, consumption continues to indicate resilient growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Metal Treating Machine Production in Asia
In value terms, metal treating machine production shrank to $X in 2021 estimated in export price. The total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then shrank in the following year.
Metal Treating Machine Exports
Exports in Asia
In 2021, overseas shipments of machines for treating metal, having individual functions increased by X% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, metal treating machine exports soared to $X in 2021. Overall, exports showed mild growth. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.
Exports by Country
China represented the largest exporter of machines for treating metal, having individual functions in Asia, with the volume of exports resulting at X units, which was approx. X% of total exports in 2021. South Korea (X units) ranks second in terms of the total exports with a X% share, followed by Malaysia (X%) and Singapore (X%). The following exporters - Taiwan (Chinese) (X units) and Japan (X units) - each amounted to a X% share of total exports.
From 2012 to 2021, average annual rates of growth with regard to metal treating machine exports from China stood at +X%. At the same time, Malaysia (+X%), South Korea (+X%) and Taiwan (Chinese) (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2012-2021. By contrast, Japan (-X%) and Singapore (-X%) illustrated a downward trend over the same period. China (+X p.p.), South Korea (+X p.p.), Malaysia (+X p.p.) and Taiwan (Chinese) (+X p.p.) significantly strengthened its position in terms of the total exports, while Japan and Singapore saw its share reduced by -X% and -X% from 2012 to 2021, respectively.
In value terms, China ($X) remains the largest metal treating machine supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.
From 2012 to 2021, the average annual growth rate of value in China totaled +X%. In the other countries, the average annual rates were as follows: Japan (-X% per year) and South Korea (+X% per year).
Export Prices by Country
In 2021, the export price in Asia amounted to $X per unit, shrinking by -X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2019 an increase of X%. The level of export peaked at $X per unit in 2020, and then contracted in the following year.
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Japan ($X per unit), while Singapore ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+X%), while the other leaders experienced more modest paces of growth.
Metal Treating Machine Imports
Imports in Asia
In 2021, purchases abroad of machines for treating metal, having individual functions was finally on the rise to reach X units after two years of decline. Over the period under review, imports saw a notable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, metal treating machine imports skyrocketed to $X in 2021. Total imports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2018 indices. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.
Imports by Country
China (X units) and Indonesia (X units) represented roughly X% of total imports in 2021. Singapore (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Japan (X%). The following importers - Turkey (X units), Thailand (X units), Malaysia (X units), Vietnam (X units), South Korea (X units) and Taiwan (Chinese) (X units) - together made up X% of total imports.
From 2012 to 2021, the biggest increases were in Malaysia (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, China ($X) constitutes the largest market for imported machines for treating metal, having individual functions in Asia, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (-X% per year) and Indonesia (+X% per year).
Import Prices by Country
In 2021, the import price in Asia amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was China ($X per unit), while Singapore ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+X%), while the other leaders experienced mixed trends in the import price figures.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the metal treating machine 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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