China: Self-Propelled Rock Cutter Market 2024

Self-Propelled Rock Cutter Market Size in China

The Chinese self-propelled rock cutter market declined significantly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption showed a precipitous decline. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Self-Propelled Rock Cutter Production in China

In value terms, self-propelled rock cutter production totaled $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. 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 reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Self-Propelled Rock Cutter Exports

Exports from China

In 2022, approx. X units of self-propelled coal or rock cutters and tunnelling machinery were exported from China; increasing by X% against the previous year. Over the period under review, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, self-propelled rock cutter exports skyrocketed to $X in 2022. In general, total exports indicated a buoyant 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. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Australia (X units) was the main destination for self-propelled rock cutter exports from China, accounting for a X% share of total exports. Moreover, self-propelled rock cutter exports to Australia exceeded the volume sent to the second major destination, South Africa (X units), twofold. The third position in this ranking was taken by India (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (X% per year) and India (X% per year).

In value terms, India ($X) emerged as the key foreign market for self-propelled coal or rock cutters and tunnelling machinery exports from China, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports. It was followed by Lao People's Democratic Republic, with an X% share.

From 2012 to 2022, the average annual growth rate of value to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Lao People's Democratic Republic (X% per year).

Export Prices by Country

In 2022, the average self-propelled rock cutter export price amounted to $X per unit, approximately equating the previous year. In general, the export price, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X,927 per unit), while the average price for exports to South Africa ($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 Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Rock Cutter Imports

Imports into China

Self-propelled rock cutter imports into China skyrocketed to X units in 2022, jumping by X% against 2021. Overall, imports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, self-propelled rock cutter imports surged to $X in 2022. Over the period under review, imports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Austria (X units) constituted the largest supplier of self-propelled rock cutter to China, accounting for a X% share of total imports. Moreover, self-propelled rock cutter imports from Austria exceeded the figures recorded by the second-largest supplier, Finland (X units), fourfold. The third position in this ranking was taken by France (X units), with an X% share.

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

In value terms, Austria ($X) constituted the largest supplier of self-propelled coal or rock cutters and tunnelling machinery to China, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with a X% share of total imports. It was followed by Finland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Austria amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Finland (X% per year).

Import Prices by Country

In 2022, the average self-propelled rock cutter import price amounted to $X,561 per unit, dropping by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2018 an increase of X%. The import price peaked at $X,013 per unit in 2021, and then fell notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X,100 per unit), while the price for France ($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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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