Eastern Asia: Electroplating Machine Market 2024

Electroplating Machine Market Size in Eastern Asia

The East Asian electroplating machine market fell slightly to $X.1B in 2022, standing approx. at the previous year. Overall, consumption continues to indicate a abrupt slump. As a result, consumption reached the peak level of $X.1B. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Electroplating Machine Production in Eastern Asia

In value terms, electroplating machine production declined slightly to $X.5B in 2022 estimated in export price. Over the period under review, production showed a abrupt descent. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X.5B. From 2014 to 2022, production growth remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Electroplating Machine Exports

Exports in Eastern Asia

In 2022, approx. X units of machines for electroplating, electrolysis or electrophoresis were exported in Eastern Asia; increasing by X% compared with 2021. Over the period under review, exports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, electroplating machine exports stood at $X in 2022. Total exports indicated temperate growth 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. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

China was the key exporting country with an export of about X units, which finished at X% of total exports. It was distantly followed by Japan (X units) and South Korea (X units), together generating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to electroplating machine exports from China stood at X%. At the same time, South Korea (X%) and Japan (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of South Korea and Japan increased by X and X percentage points, respectively.

In value terms, the largest electroplating machine supplying countries in Eastern Asia were China ($X), Japan ($X) and South Korea ($X), together comprising X% of total exports.

Among the main exporting countries, South Korea, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2015 when the export price increased by X%. The level of export peaked at $X per unit in 2012; however, from 2013 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 a decline in the export price figures.

Electroplating Machine Imports

Imports in Eastern Asia

In 2022, overseas purchases of machines for electroplating, electrolysis or electrophoresis decreased by X% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, electroplating machine imports declined to $X in 2022. Overall, imports, however, showed slight growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Japan (X units) represented the key importer of machines for electroplating, electrolysis or electrophoresis, creating X% of total imports. It was distantly followed by Taiwan (Chinese) (X units), China (X units) and South Korea (X units), together comprising a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to electroplating machine imports into Japan stood at X%. At the same time, Taiwan (Chinese) (X%), China (X%) and South Korea (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. While the share of Japan (X p.p.) and Taiwan (Chinese) (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of China (X p.p.) and South Korea (X p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported machines for electroplating, electrolysis or electrophoresis in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an X% share of total imports. It was followed by Japan, with a X% share.

In China, electroplating machine imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (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, which is down by X% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Japan ($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 a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :