China: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in China

The Chinese market for mechanical appliances for projecting, dispersing or spraying surged to $X in 2022, rising by X% against the previous year. Over the period under review, consumption continues to indicate notable growth. Consumption of peaked in 2022 and is likely to see gradual growth in the near future.

Production of Mechanical Appliances For Projecting, Dispersing Or Spraying in China

In value terms, production of mechanical appliances for projecting, dispersing or spraying expanded modestly to $X in 2022 estimated in export price. Overall, production recorded prominent growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Production of peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports from China

After six years of growth, shipments abroad of mechanical appliances for projecting, dispersing or spraying decreased by X% to X units in 2022. Over the period under review, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2021, and then reduced in the following year.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying reduced to $X in 2022. In general, exports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2021, and then fell in the following year.

Exports by Country

The United States (X units) was the main destination for exports of mechanical appliances for projecting, dispersing or spraying from China, accounting for a X% share of total exports. Moreover, exports of mechanical appliances for projecting, dispersing or spraying to the United States exceeded the volume sent to the second major destination, Russia (X units), twofold. The third position in this ranking was taken by India (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and India (X% per year).

In value terms, the United States ($X) remains the key foreign market for mechanical appliances for projecting, dispersing or spraying exports from China, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Mexico (X% per year).

Export Prices by Country

In 2022, the average export price for mechanical appliances for projecting, dispersing or spraying amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to Egypt ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports into China

In 2022, after two years of growth, there was significant decline in purchases abroad of mechanical appliances for projecting, dispersing or spraying, when their volume decreased by X% to X units. In general, imports showed a pronounced descent. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying declined dramatically to $X in 2022. Overall, imports recorded a perceptible contraction. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest mechanical appliances for projecting, dispersing or spraying supplier to China, with a X% share of total imports. Moreover, imports of mechanical appliances for projecting, dispersing or spraying from the United States exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was taken by South Korea (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and South Korea (X% per year).

In value terms, the largest mechanical appliances for projecting, dispersing or spraying suppliers to China were Germany ($X), the United States ($X) and South Korea ($X), with a combined X% share of total imports. Taiwan (Chinese), Japan, Italy and the Czech Republic lagged somewhat behind, together comprising a further X%.

The Czech Republic, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for mechanical appliances for projecting, dispersing or spraying amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price, however, showed measured growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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