Asia: Linoleum Manufacturing Machine Market 2024

Linoleum Manufacturing Machine Market Size in Asia

After two years of decline, the Asian linoleum manufacturing machine market increased by X% to $X.9B in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X.4B. From 2020 to 2022, the growth of the market remained at a lower figure.

Linoleum Manufacturing Machine Production in Asia

In value terms, linoleum manufacturing machine production contracted to $X.2B in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X.3B. From 2020 to 2022, production growth remained at a lower figure.

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Linoleum Manufacturing Machine Exports

Exports in Asia

In 2022, approx. X units of machines used in the manufacture of linoleum or other floor coverings were exported in Asia; picking up by X% compared with 2021 figures. Total exports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, linoleum manufacturing machine exports dropped to $X in 2022. Total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by X%. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

In 2022, China (X units) represented the largest exporter of machines used in the manufacture of linoleum or other floor coverings, comprising X% of total exports. It was distantly followed by South Korea (X units), India (X units), Turkey (X units) and Taiwan (Chinese) (X units), together generating a X% share of total exports.

China was also the fastest-growing in terms of the machines used in the manufacture of linoleum or other floor coverings exports, with a CAGR of X% from 2012 to 2022. At the same time, Turkey (X%) and India (X%) displayed positive paces of growth. By contrast, South Korea (X%) and Taiwan (Chinese) (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and Turkey increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest linoleum manufacturing machine supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, with a decrease of X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced mixed trends in the export price figures.

Linoleum Manufacturing Machine Imports

Imports in Asia

After two years of growth, overseas purchases of machines used in the manufacture of linoleum or other floor coverings decreased by X% to X units in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. The volume of import peaked at X units in 2021, and then contracted in the following year.

In value terms, linoleum manufacturing machine imports declined to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X units), distantly followed by Turkey (X units), China (X units), Bangladesh (X units), Vietnam (X units), Iran (X units) and Indonesia (X units) represented the main importers of machines used in the manufacture of linoleum or other floor coverings, together constituting X% of total imports. Saudi Arabia (X units), Malaysia (X units), Singapore (X units), Taiwan (Chinese) (X units), Japan (X units) and Hong Kong SAR (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest linoleum manufacturing machine importing markets in Asia were China ($X), Bangladesh ($X) and India ($X), with a combined X% share of total imports. Turkey, Vietnam, Indonesia, Hong Kong SAR, Iran, Malaysia, Taiwan (Chinese), Japan, Singapore and Saudi Arabia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Singapore, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the import price recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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