Eastern Asia: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2024

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Eastern Asia

The East Asian market for fully or partly automatic electric machines for arc welding of metals dropped to $X in 2022, waning by X% against the previous year. Over the period under review, consumption faced a abrupt descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Eastern Asia

In value terms, production of fully or partly automatic electric machines for arc welding of metals shrank to $X in 2022 estimated in export price. In general, production faced a deep reduction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production of hit record highs at $X.5B in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports in Eastern Asia

After six years of growth, overseas shipments of fully or partly automatic electric machines for arc welding of metals decreased by X% to X units in 2022. Over the period under review, exports, however, showed a resilient expansion. 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 reached the peak figure at X units in 2021, and then dropped sharply in the following year.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals dropped dramatically to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then reduced sharply in the following year.

Exports by Country

China dominates metals structure, amounting to X units, which was near X% of total exports in 2022. Japan (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the fully or partly automatic electric machines for arc welding of metals exports, with a CAGR of X% from 2012 to 2022. Japan (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest fully or partly automatic arc welding machine supplying countries in Eastern Asia were China ($X) and Japan ($X).

In terms of the main exporting countries, China, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, declining by X% against the previous year. Overall, the export price showed a deep reduction. The pace of growth was the most pronounced in 2015 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

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

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports in Eastern Asia

In 2022, approx. X units of fully or partly automatic electric machines for arc welding of metals were imported in Eastern Asia; which is down by X% compared with the previous year. Over the period under review, imports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals dropped significantly to $X in 2022. In general, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Taiwan (Chinese) (X units), Japan (X units), China (X units) and South Korea (X units) represented the largest importer of fully or partly automatic electric machines for arc welding of metals in Eastern Asia, mixing up X% of total import. It was distantly followed by Hong Kong SAR (X units), achieving a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X) constitutes the largest market for imported fully or partly automatic electric machines for arc welding of metals in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

In China, imports of fully or partly automatic electric machines for arc welding of metals shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, saw a noticeable reduction. The growth pace was the most rapid in 2017 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while Taiwan (Chinese) ($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 other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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