Asia: Calendering Machine Market 2024

Calendering Machine Market Size in Asia

The Asian calendering machine market rose slightly to $X in 2021, surging by 3.2% against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Calendering Machine Production in Asia

In value terms, calendering machine production fell slightly to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 4.2% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Calendering Machine Exports

Exports in Asia

For the sixth year in a row, Asia recorded growth in shipments abroad of calendering and rolling machines, which increased by 56% to X units in 2021. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, calendering machine exports surged to $X in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China represented the major exporting country with an export of around X units, which finished at 59% of total exports. It was distantly followed by Singapore (X units), creating a 35% share of total exports. The following exporters - South Korea (X units) and Japan (X units) - together made up 4.6% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Singapore (with a CAGR of +132.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest calendering machine supplying countries in Asia were Japan ($X), South Korea ($X) and China ($X), together accounting for 83% of total exports.

South Korea, with a CAGR of +22.5%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries 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 Asia stood at $X per unit in 2021, increasing by 9.2% against the previous year. Over the period under review, the export price, however, recorded a deep setback. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+18.9%), while the other leaders experienced mixed trends in the export price figures.

Calendering Machine Imports

Imports in Asia

In 2021, overseas purchases of calendering and rolling machines were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, calendering machine imports soared to $X in 2021. Total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Thailand (X units) represented the major importer of calendering and rolling machines, committing 36% of total imports. Japan (X units) took a 17% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (8.7%), Turkey (8.3%) and South Korea (7.8%). The following importers - Qatar (X units), Singapore (X units), Israel (X units), India (X units), Indonesia (X units) and Taiwan (Chinese) (X units) - together made up 14% of total imports.

Thailand was also the fastest-growing in terms of the calendering and rolling machines imports, with a CAGR of +51.1% from 2012 to 2021. At the same time, Qatar (+28.3%), Taiwan (Chinese) (+22.8%), India (+17.6%), Vietnam (+17.0%), Japan (+10.1%), South Korea (+8.6%) and Turkey (+8.5%) displayed positive paces of growth. By contrast, Singapore (-3.4%), Israel (-4.6%) and Indonesia (-6.2%) illustrated a downward trend over the same period. While the share of Thailand (+34 p.p.), Vietnam (+2.7 p.p.) and Qatar (+2.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of South Korea (-2.7 p.p.), Turkey (-2.9 p.p.), Japan (-3.1 p.p.), Singapore (-6.9 p.p.), Israel (-7.2 p.p.) and Indonesia (-7.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X), India ($X) and Turkey ($X) constituted the countries with the highest levels of imports in 2021, together comprising 15% of total imports.

Vietnam, with a CAGR of +22.2%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia amounted to $X per unit, waning by -16.4% against the previous year. In general, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 when the import price increased by 14% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, 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 India ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+12.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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