Asia-Pacific: Electroplating Machine Market 2024

Electroplating Machine Market Size in Asia-Pacific

The Asia-Pacific electroplating machine market skyrocketed to $X in 2022, increasing by X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X.8B in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Electroplating Machine Production in Asia-Pacific

In value terms, electroplating machine production shrank slightly to $X.8B in 2022 estimated in export price. Overall, production continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X.7B. From 2014 to 2022, production growth remained at a somewhat lower figure.

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Electroplating Machine Exports

Exports in Asia-Pacific

In 2022, overseas shipments of machines for electroplating, electrolysis or electrophoresis increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. The volume of export peaked in 2022 and is likely to continue growth in the near future.

In value terms, electroplating machine exports rose slightly to $X in 2022. Total exports indicated a temperate increase 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. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore was the main exporting country with an export of around X units, which amounted to X% of total exports. China (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (X%). Japan (X units) and South Korea (X units) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to electroplating machine exports from Singapore stood at X%. At the same time, Malaysia (X%), South Korea (X%), Japan (X%) and China (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. Malaysia (X p.p.) and South Korea (X p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and South Korea ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

South Korea, with a CAGR of X%, recorded the highest rates of growth with regard to 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 a decrease of X% against the previous year. In general, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2014 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2015 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 ($X per unit), while Singapore ($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 a decline in the export price figures.

Electroplating Machine Imports

Imports in Asia-Pacific

For the seventh year in a row, Asia-Pacific recorded growth in overseas purchases of machines for electroplating, electrolysis or electrophoresis, which increased by X% to X units in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electroplating machine imports surged to $X in 2022. Total imports indicated a pronounced increase 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. Based on 2022 figures, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

In 2022, Australia (X units) represented the major importer of machines for electroplating, electrolysis or electrophoresis, mixing up X% of total imports. Malaysia (X units) ranks second in terms of the total imports with a X% share, followed by Singapore (X%) and the Philippines (X%). Indonesia (X units), India (X units) and Japan (X units) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to electroplating machine imports into Australia stood at X%. At the same time, Malaysia (X%), the Philippines (X%), Japan (X%), India (X%), Singapore (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. While the share of Malaysia (X p.p.), the Philippines (X p.p.) and Australia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Indonesia (X p.p.) and Singapore (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported machines for electroplating, electrolysis or electrophoresis in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Indonesia totaled X%. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and India (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Indonesia ($X per unit), while Australia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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