Eastern Asia: Blow-Moulding Machine Market 2024

Blow-Moulding Machine Market Size in Eastern Asia

In 2022, the East Asian blow-moulding machine market decreased by X% to $X, falling for the second year in a row after three years of growth. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Blow-Moulding Machine Production in Eastern Asia

In value terms, blow-moulding machine production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Blow-Moulding Machine Exports

Exports in Eastern Asia

In 2022, shipments abroad of blow-moulding machines for working rubber or plastics increased by X% to X units, rising for the seventh year in a row after two years of decline. In general, exports recorded buoyant growth. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, blow-moulding machine exports contracted modestly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then fell modestly in the following year.

Exports by Country

China prevails in exports structure, recording X units, which was approx. X% of total exports in 2022. Taiwan (Chinese) (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the blow-moulding machines for working rubber or plastics exports, with a CAGR of X% from 2012 to 2022. Taiwan (Chinese) (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points.

In value terms, China ($X) remains the largest blow-moulding machine supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with an X% share of total exports.

In China, blow-moulding machine exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, which is down by X% against the previous year. In general, the export price continues to indicate a abrupt slump. The growth pace was the most rapid in 2015 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%).

Blow-Moulding Machine Imports

Imports in Eastern Asia

In 2022, the amount of blow-moulding machines for working rubber or plastics imported in Eastern Asia contracted significantly to X units, which is down by X% compared with 2021 figures. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, blow-moulding machine imports expanded notably to $X in 2022. Over the period under review, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

South Korea was the major importer of blow-moulding machines for working rubber or plastics in Eastern Asia, with the volume of imports accounting for X units, which was approx. X% of total imports in 2022. It was distantly followed by Japan (X units), China (X units), Macao SAR (X units) and Taiwan (Chinese) (X units), together making up a X% share of total imports.

Imports into South Korea increased at an average annual rate of X% from 2012 to 2022. At the same time, Macao SAR (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Macao SAR emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, China (X%) and Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Korea, Macao SAR, China and Taiwan (Chinese) increased by X, X, X and X percentage points, respectively.

In value terms, China ($X) constitutes the largest market for imported blow-moulding machines for working rubber or plastics in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Japan (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the import price recorded a pronounced increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Macao SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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