Eastern Asia: Injection-Moulding Machine Market 2024

Injection-Moulding Machine Market Size in Eastern Asia

The East Asian injection-moulding machine market amounted to $X in 2022, surging by X% against the previous year. In general, consumption recorded a resilient increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Injection-Moulding Machine Production in Eastern Asia

In value terms, injection-moulding machine production reached $X in 2022 estimated in export price. Over the period under review, production posted buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Injection-Moulding Machine Exports

Exports in Eastern Asia

In 2022, shipments abroad of injection-moulding machines for working rubber or plastics increased by X% to X units, rising for the sixth year in a row after four years of decline. Total exports indicated measured growth from 2012 to 2022: its volume 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. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, injection-moulding machine exports shrank to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

In 2022, China (X units) represented the key exporter of injection-moulding machines for working rubber or plastics, constituting X% of total exports. It was distantly followed by Japan (X units), committing a X% share of total exports. The following exporters - South Korea (X units) and Taiwan (Chinese) (X units) - each reached a X% share of total exports.

China was also the fastest-growing in terms of the injection-moulding machines for working rubber or plastics exports, with a CAGR of X% from 2012 to 2022. South Korea experienced a relatively flat trend pattern. Japan (X%) and Taiwan (Chinese) (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Taiwan (Chinese) (X p.p.) and Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and South Korea ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

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

Injection-Moulding Machine Imports

Imports in Eastern Asia

In 2022, injection-moulding machine imports in Eastern Asia dropped significantly to X units, shrinking by X% on the previous year. Over the period under review, imports saw a mild downturn. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, injection-moulding machine imports dropped markedly to $X in 2022. Overall, imports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China was the largest importer of injection-moulding machines for working rubber or plastics in Eastern Asia, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. Taiwan (Chinese) (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by South Korea (X%) and Hong Kong SAR (X%). Japan (X units) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of imports of injection-moulding machines for working rubber or plastics. At the same time, Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Japan (X%), South Korea (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) and Taiwan (Chinese) (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Korea (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, injection-moulding machine imports decreased 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, with an increase of X% against the previous year. Overall, the import price, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in South Korea ($X per unit) and Japan ($X per unit), while Hong Kong SAR ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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