Asia: Metal Tapping Tools Market 2020

Metal Tapping Tools Market Size in Asia

The revenue of the metal tapping tools market in Asia amounted to $X in 2017, jumping by X% against the previous year. The total market indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal tapping tools consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2010, when market value increased by X% y-o-y. The level of metal tapping tools consumption peaked in 2017, and is expected to retain its growth in the immediate term.

Metal Tapping Tools Production in Asia

In 2017, the amount of tapping tools for working metal produced in Asia totaled X units, surging by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2010, with an increase of X% y-o-y. The volume of metal tapping tools production peaked in 2017, and is expected to retain its growth in the near future.

Metal Tapping Tools Exports in Asia

The exports totaled X units in 2017, going up by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2010, with an increase of X% y-o-y. Over the period under review, the metal tapping tools exports attained its peak figure volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, metal tapping tools exports totaled $X in 2017. The total exports indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal tapping tools exports increased by +X% against 2015 indices. Over the period under review, the metal tapping tools exports reached its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Metal Tapping Tools Exports by Country in Asia

In 2017, Japan (X units) and China (X units) represented the key exporters of tapping tools for working metal in the globe, together making up X% of total exports. South Korea (X units) ranks second in terms of the global exports with a X% share, followed by Taiwan, Chinese (X%) and India (X%). The following exporters - Israel (X units) and Singapore (X units) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and South Korea ($X) constituted the countries with the highest levels of exports in 2017, together comprising X% of total exports. These countries were followed by Taiwan, Chinese, India, Israel and Singapore, which together accounted for a further X%.

Taiwan, Chinese (+X% per year) experienced the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Metal Tapping Tools Export Prices by Country in Asia

In 2017, the metal tapping tools export price in Asia amounted to $X per unit, leveling off at the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010, when the export prices increased by X% y-o-y. Over the period under review, the export prices for tapping tools for working metal reached its maximum level in 2017, and is expected to retain its growth in the near future.

Export prices varied noticeably by the country of destination; the country with the highest export price was Israel ($X per unit), while India ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Tapping Tools Imports in Asia

In 2017, the amount of tapping tools for working metal imported in Asia stood at X units, jumping by X% against the previous year. The total imports indicated a remarkable increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, metal tapping tools imports stood at $X in 2017. The total imports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal tapping tools imports increased by +X% against 2015 indices. Over the period under review, the metal tapping tools imports attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Metal Tapping Tools Imports by Country in Asia

In 2017, China (X units) represented the major importer for tapping tools for working metal, making up X% of total imports. It was distantly followed by Indonesia (X units), India (X units) and Japan (X units), together generating X% share of total imports. The United Arab Emirates (X units), Turkey (X units), Thailand (X units), Malaysia (X units), Taiwan, Chinese (X units), Singapore (X units), South Korea (X units) and Vietnam (X units) took the mild share of total imports.

From 2007 to 2017, average annual rates of growth with regard to metal tapping tools imports into China stood at +X%. At the same time, Indonesia (+X%), Vietnam (+X%), Malaysia (+X%), South Korea (+X%), Turkey (+X%), Singapore (+X%), Japan (+X%), Thailand (+X%) and India (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. Taiwan, Chinese experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Indonesia and China decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported tapping tools for working metal in Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by India, with a X% share.

In China, metal tapping tools imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and India (+X% per year).

Metal Tapping Tools Import Prices by Country in Asia

In 2017, the metal tapping tools import price in Asia amounted to $X per unit, waning by -X% against the previous year. The metal tapping tools import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when the import prices increased by X% against the previous year. The level of import price peaked of $X per unit in 2016, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was South Korea ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform