Eastern Asia: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Eastern Asia

In 2022, the East Asian market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids decreased by X% to $X, falling for the third consecutive year after two years of growth. In general, consumption recorded a noticeable shrinkage. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Eastern Asia

In value terms, production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids dropped to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports in Eastern Asia

In 2022, shipments abroad of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids increased by X% to X units, rising for the sixth year in a row after two years of decline. In general, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids soared to $X in 2022. Total exports indicated a modest expansion 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. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the one major exporters of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids, namely China, represented more than two-thirds of total export.

China was also the fastest-growing in terms of the machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exports, with a CAGR of X% from 2012 to 2022. While the share of China (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids supplier in Eastern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, rising by X% against the previous year. In general, the export price, however, showed a abrupt curtailment. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports in Eastern Asia

For the third consecutive year, Eastern Asia recorded decline in purchases abroad of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids, which decreased by X% to X units in 2022. Overall, imports recorded a perceptible decrease. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids shrank significantly to $X in 2022. In general, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids in 2022 were China (X units), Japan (X units), Taiwan (Chinese) (X units) and South Korea (X units), together reaching X% of total import. Hong Kong SAR (X units), Democratic People's Republic of Korea (X units) and Macao SAR (X units) followed a long way behind the leaders.

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 ($X) constitutes the largest market for imported machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with an X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China stood at 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

In 2022, the import price in Eastern Asia amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price recorded a pronounced contraction. The growth pace was the most rapid in 2017 when the import price increased by X%. 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 ($X per unit), while Macao SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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