Asia-Pacific: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in Asia-Pacific

The Asia-Pacific lathe for removing metal market declined to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption recorded a abrupt slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Lathes For Removing Metal in Asia-Pacific

In value terms, lathe for removing metal production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a deep downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, lafor removing metal production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Lathes For Removing Metal

Exports in Asia-Pacific

In 2022, lathe for removing metal exports in Asia-Pacific contracted slightly to X units, remaining stable against 2021 figures. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, lathe for removing metal exports stood at $X in 2022. In general, exports showed a slight decrease. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China represented the main exporter of lathes for removing metal in Asia-Pacific, with the volume of exports recording X units, which was approx. X% of total exports in 2022. Taiwan (Chinese) (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Japan (X%), South Korea (X%) and India (X%). The following exporters - Singapore (X units) and Thailand (X units) - each finished at a X% share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Thailand (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%), Taiwan (Chinese) (X%), Japan (X%), South Korea (X%) and India (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest lathe for removing metal supplying countries in Asia-Pacific were Japan ($X), South Korea ($X) and China ($X), together comprising X% of total exports. Taiwan (Chinese), Thailand, Singapore and India lagged somewhat behind, together accounting for a further X%.

Thailand, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price, however, saw a mild shrinkage. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 Japan ($X per unit), while India ($X per unit) was amongst the lowest.

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

Imports of Lathes For Removing Metal

Imports in Asia-Pacific

In 2022, the amount of lathes for removing metal imported in Asia-Pacific declined to X units, waning by X% against the year before. In general, imports showed a slight downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, lafor removing metal imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, lathe for removing metal imports contracted slightly to $X in 2022. Over the period under review, imports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X units), distantly followed by the Philippines (X units), China (X units), Australia (X units), Thailand (X units), Japan (X units) and Malaysia (X units) represented the main importers of lathes for removing metal, together achieving X% of total imports. The following importers - Vietnam (X units), South Korea (X units), Taiwan (Chinese) (X units), Indonesia (X units), Pakistan (X units) and Singapore (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported lathes for removing metal in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by India, with an X% share.

In China, lathe for removing metal imports declined by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Japan (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, picking up by X% against the previous year. In general, the import price, however, recorded a noticeable decline. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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