Report Update: Nov 1, 2024

China - Grinding And Sharpening Metal Finishing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Grinding And Sharpening Machine Prices in China

China Grinding And Sharpening Machine Import Price in September 2022

In September 2022, the grinding and sharpening machine price amounted to $69,642 per unit (CIF, China), declining by -13.7% against the previous month. Overall, the import price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in May 2022 when the average import price increased by 19% m-o-m. As a result, import price attained the peak level of $121K per unit; afterwards, it flattened through to September 2022.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($341K per unit), while the price for Taiwan (Chinese) ($17,059 per unit) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by the United States (+66.3%), while the prices for the other major suppliers experienced more modest paces of growth.

China Grinding And Sharpening Machine Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was numerically controlled sharpening machines for working metal ($169K per unit), while the price for non-numerically controlled sharpening machines for working metal ($8,030 per unit) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by machine-tools; flat-surface grinding machines, in which positioning in any one axis can be set up to an accuracy of 0.01mm or better, other than numerically controlled (+11.3%), while the prices for the other products experienced more modest paces of growth.

China Grinding And Sharpening Machine Imports

In September 2022, supplies from abroad of grinding and sharpening metal finishing machines decreased by -26.4% to 159 units, falling for the fourth month in a row after three months of growth. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in March 2022 with an increase of 34% m-o-m. Imports peaked at 285 units in May 2022; however, from June 2022 to September 2022, imports remained at a lower figure.

In value terms, grinding and sharpening machine imports declined rapidly to $11M (IndexBox estimates) in September 2022. Overall, imports showed a abrupt contraction. The pace of growth appeared the most rapid in May 2022 when imports increased by 48% against the previous month. As a result, imports attained the peak of $34M. From June 2022 to September 2022, the growth of imports failed to regain momentum.

China Grinding And Sharpening Machine Imports by Type

Machine-tools (68 units), numerically controlled sharpening machines for working metal (49 units) and machine-tools; grinding machines (other than flat-surface), in which positioning in any one axis can be set up to at least an accuracy of 0.01mm, other than numerically controlled (34 units) were the main products of grinding and sharpening machine imports to China, with a combined 95% share of total imports. Non-numerically controlled sharpening machines for working metal lagged somewhat behind, accounting for a further 5%.

From January 2022 to September 2022, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by non-numerically controlled sharpening machine (with a CAGR of +13.0%), while imports for the other products experienced a decline.

In value terms, numerically controlled sharpening machines for working metal ($8.3M) constituted the largest type of grinding and sharpening machine supplied to China, comprising 75% of total imports. The second position in the ranking was taken by machine-tools ($1.6M), with a 15% share of total imports. It was followed by machine-tools; grinding machines (other than flat-surface), in which positioning in any one axis can be set up to at least an accuracy of 0.01mm, other than numerically controlled, with a 10% share.

China Grinding And Sharpening Machine Imports by Country

In September 2022, Taiwan (Chinese) (65 units) constituted the largest grinding and sharpening machine supplier to China, accounting for a 41% share of total imports. Moreover, grinding and sharpening machine imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Thailand (23 units), threefold. The third position in this ranking was held by Germany (21 units), with a 13% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of volume from Taiwan (Chinese) was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Thailand (-12.0% per month) and Germany (-5.5% per month).

In value terms, the largest grinding and sharpening machine suppliers to China were the Czech Republic ($3.1M), Germany ($2.6M) and Japan ($1.4M), with a combined 64% share of total imports. These countries were followed by Taiwan (Chinese), Thailand, Switzerland and the United States, which together accounted for a further 27%.

Among the main suppliers, the United States, with a CAGR of +59.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for grinding and sharpening machine in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28412305 - Numerically controlled flat-surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
Prodcom 28412315 - Numerically controlled cylindrical surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
Prodcom 28412325 - Other numerically controlled grinding machines in which the positioning in any one axis can be set up to accuracy > 0,01 mm
Prodcom 28412335 - Non-numerically controlled flat-surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
Prodcom 28412345 - Non-numerically controlled cylindrical surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
Prodcom 28412355 - Grinding machines for working metal, any one axis can be set to an accuracy . 0,01 mm excluding flat-surface grinding machines, cylindrical surface grinding machines
Prodcom 28412365 - Numerically controlled sharpening (tool or cutter grinding) m achines for working metal
Prodcom 28412375 - Non-numerically controlled sharpening (tool or cutter grinding) machines for working metal

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023