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

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

The Asia-Pacific numerically controlled sharpening machine market stood at $X in 2022, increasing by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Numerically Controlled Sharpening Machines For Working Metal in Asia-Pacific

In value terms, numerically controlled sharpening machine production rose significantly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Numerically Controlled Sharpening Machines For Working Metal

Exports in Asia-Pacific

In 2022, shipments abroad of numerically controlled sharpening machines for working metal 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, however, showed a mild descent. The growth pace was the most rapid in 2016 when exports increased by X%. 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 contracted slightly to $X in 2022. In general, exports posted a measured increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, China (X units), Australia (X units) and Thailand (X units) represented the major exporter of numerically controlled sharpening machines for working metal in Asia-Pacific, constituting X% of total export. Taiwan (Chinese) (X units) ranks next in terms of the total exports with a X% share, followed by Japan (X%) and Hong Kong SAR (X%). India (X units) followed a long way behind the leaders.

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

In value terms, Thailand ($X) remains the largest numerically controlled sharpening machine supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports. It was followed by Japan, 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. In the other countries, the average annual rates were as follows: Australia (X% per year) and Japan (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price, however, posted a strong increase. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2021, and then contracted dramatically 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 more modest paces of growth.

Imports of Numerically Controlled Sharpening Machines For Working Metal

Imports in Asia-Pacific

In 2022, the amount of numerically controlled sharpening machines for working metal imported in Asia-Pacific shrank sharply to X units, reducing by X% on 2021 figures. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 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 amounted to $X in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The Philippines (X units) and China (X units) were the main importers of numerically controlled sharpening machines for working metal in 2022, accounting for near X% and X% of total imports, respectively. It was distantly followed by Singapore (X units), Malaysia (X units) and India (X units), together making up a X% share of total imports. Japan (X units), South Korea (X units), Thailand (X units) and Taiwan (Chinese) (X units) followed a long way behind the leaders.

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 ($X) constitutes the largest market for imported numerically controlled sharpening machines for working metal in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Japan ($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. The remaining importing countries recorded the following average annual rates of imports growth: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, increasing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2015; however, from 2016 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 China ($X per unit), while Singapore ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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