Asia: Market for Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Numerically Controlled Sharpening Machines For Working Metal in Asia

The Asian numerically controlled sharpening machine market fell modestly to $X in 2022, shrinking by X% against the previous year. Overall, consumption showed a mild curtailment. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Numerically Controlled Sharpening Machines For Working Metal in Asia

In value terms, numerically controlled sharpening machine production stood at $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Numerically Controlled Sharpening Machines For Working Metal

Exports in Asia

In 2022, the amount of numerically controlled sharpening machines for working metal exported in Asia soared to X units, growing by X% compared with 2021. Overall, exports, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, numerically controlled sharpening machine exports fell to $X in 2022. In general, exports posted a modest increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China was the major exporting country with an export of around X units, which recorded X% of total exports. It was distantly followed by Thailand (X units), Taiwan (Chinese) (X units), Japan (X units) and Hong Kong SAR (X units), together committing a X% share of total exports. The following exporters - India (X units) and Malaysia (X units) - each accounted for a X% share of total exports.

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

In value terms, Thailand ($X) remains the largest numerically controlled sharpening machine supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

In Thailand, numerically controlled sharpening machine exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (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, reducing by X% against the previous year. Overall, the export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2021, and then dropped sharply in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

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

Imports of Numerically Controlled Sharpening Machines For Working Metal

Imports in Asia

In 2022, approx. X units of numerically controlled sharpening machines for working metal were imported in Asia; which is down by X% against the previous year. Overall, imports, however, recorded temperate growth. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, numerically controlled sharpening machine imports contracted slightly to $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 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, the Philippines (X units), Kuwait (X units) and China (X units) represented the major importer of numerically controlled sharpening machines for working metal in Asia, generating X% of total import. Singapore (X units) took the next position in the ranking, followed by Malaysia (X units) and India (X units). All these countries together held near X% share of total imports. Japan (X units), South Korea (X units), Thailand (X units), Taiwan (Chinese) (X units) and Turkey (X units) took a minor share of total imports.

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

In value terms, China ($X) constitutes the largest market for imported numerically controlled sharpening machines for working metal in Asia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In China, numerically controlled sharpening machine imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2014 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per unit in 2015; however, from 2016 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 ($X per unit), while Kuwait ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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