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Report Asia - Machine-Tools for Working Wood - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Asia - Machine-Tools for Working Wood - Market Analysis, Forecast, Size, Trends and Insights

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Asia: Market for Machine-Tools For Working Wood 2024

Market Size for Machine-Tools For Working Wood in Asia

The Asian machine-tool for working wood market contracted significantly to $X in 2021, waning by -19.2% against the previous year. Over the period under review, consumption recorded a mild decline. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Machine-Tools For Working Wood in Asia

In value terms, machine-tool for working wood production amounted to $X in 2021 estimated in export price. The total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.2% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by 55%. As a result, production attained the peak level of $X; afterwards, it flattened through to 2021.

Exports of Machine-Tools For Working Wood

Exports in Asia

For the sixth consecutive year, Asia recorded growth in overseas shipments of machine-tools for working wood, which increased by 37% to X tons in 2021. Overall, exports posted prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of 39%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, machine-tool for working wood exports surged to $X in 2021. Over the period under review, exports showed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, China (X tons) was the major exporter of machine-tools for working wood, committing 77% of total exports. It was distantly followed by Taiwan (Chinese) (X tons), constituting a 17% share of total exports. Turkey (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the machine-tools for working wood exports, with a CAGR of +25.6% from 2012 to 2021. At the same time, Turkey (+10.4%) and Taiwan (Chinese) (+7.2%) displayed positive paces of growth. From 2012 to 2021, the share of China increased by +36 percentage points.

In value terms, China ($X) remains the largest machine-tool for working wood supplier in Asia, comprising 63% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 24% share of total exports.

In China, machine-tool for working wood exports increased at an average annual rate of +14.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (+9.1% per year) and Turkey (+9.2% per year).

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, leveling off at the previous year. In general, the export price, however, showed a deep slump. The growth pace was the most rapid in 2015 an increase of 6.3% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.7%), while the other leaders experienced a decline in the export price figures.

Imports of Machine-Tools For Working Wood

Imports in Asia

In 2021, purchases abroad of machine-tools for working wood increased by 21% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, saw a slight downturn. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, machine-tool for working wood imports surged to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 17%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The purchases of the twelve major importers of machine-tools for working wood, namely Vietnam, Indonesia, Turkey, China, India, Japan, South Korea, Malaysia, Iran, the United Arab Emirates, Iraq and Thailand, represented more than two-thirds of total import. Kazakhstan (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +14.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest machine-tool for working wood importing markets in Asia were China ($X), Vietnam ($X) and Turkey ($X), with a combined 41% share of total imports.

Among the main importing countries, Vietnam, with a CAGR of +16.3%, 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.

Import Prices by Country

In 2021, the import price in Asia amounted to $X per ton, shrinking by -4.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2017 when the import price increased by 9.2% against the previous year. The level of import peaked at $X per ton in 2020, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Thailand ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of machine-tool for working wood consumption was China, accounting for 58% of total volume. Moreover, machine-tool for working wood consumption in China exceeded the figures recorded by the second-largest consumer, Japan, sixfold. The third position in this ranking was occupied by Taiwan Chinese), with a 9% share.
China constituted the country with the largest volume of machine-tool for working wood production, accounting for 75% of total volume. Moreover, machine-tool for working wood production in China exceeded the figures recorded by the second-largest producer, Japan, ninefold. Taiwan Chinese) ranked third in terms of total production with a 7.1% share.
In value terms, China remains the largest machine-tool for working wood supplier in Asia, comprising 81% of total exports. The second position in the ranking was occupied by Japan, with a 5.4% share of total exports.
In value terms, the largest machine-tool for working wood importing markets in Asia were Vietnam, China and Turkey, with a combined 46% share of total imports.
The machine-tool for working wood export price in Asia stood at $6,639 per ton in 2020, which is down by -10.7% against the previous year.
The machine-tool for working wood import price in Asia stood at $12,251 per ton in 2020, increasing by 3.3% against the previous year.

This report provides an in-depth analysis of the market for machine-tool for working wood in Asia. 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 28491210 - Multi-purpose machines where the workpiece is manually transferred between operations, for working wood, cork, b one, hard rubber, hard plastics or similar hard materials
  • Prodcom 28491220 - Multi-purpose machines where the workpiece is automatically transferred between operations for working wood, cork, bone, h ard rubber, hard plastics or similar hard materials
  • Prodcom 28491233 - Band saws for working wood, cork, bone and hard rubber, h ard plastics or similar hard materials
  • Prodcom 28491235 - Circular saws for working wood, cork, bone, hard rubber, hard plastics or similar hard materials
  • Prodcom 28491237 - Sawing machines for working wood, cork, bone, hard rubber, h ard plastics or similar hard materials (excluding band saws, c ircular saws)
  • Prodcom 28491250 - Planing, milling or moulding (by cutting) machines for working wood, cork, bone, hard rubber, hard plastics or similar hard materials
  • Prodcom 28491263 - Grinding, sanding or polishing machines for working wood, c ork, bone, hard rubber, hard plastics or similar hard materials
  • Prodcom 28491265 - Bending or assembling machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials
  • Prodcom 28491267 - Drilling or morticing machines for working wood, cork, bone, h ard rubber, hard plastics or similar hard materials
  • Prodcom 28491275 - Splitting, slicing or paring machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials
  • Prodcom 28491279 - Machine tools for working wood, cork, bone, hard rubber, h ard plastics or similar hard materials, n.e.c.
  • Prodcom 28491287 - Presses for the manufacture of particle board or fibre building board of wood or other ligneous materials, and other machines with individual functions for treating wood or cork

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Asia, split by region and country
  • Trade (exports and imports) in Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Armenia
    • Azerbaijan
    • Bahrain
    • Bangladesh
    • Bhutan
    • Brunei Darussalam
    • Cambodia
    • China
    • Hong Kong SAR
    • Macao SAR
    • Cyprus
    • Georgia
    • India
    • Indonesia
    • Iran
    • Iraq
    • Israel
    • Japan
    • Jordan
    • Kazakhstan
    • Kuwait
    • Kyrgyzstan
    • Lebanon
    • Malaysia
    • Maldives
    • Mongolia
    • Myanmar
    • Nepal
    • Oman
    • Pakistan
    • Palestine
    • Philippines
    • Qatar
    • Saudi Arabia
    • Singapore
    • South Korea
    • Sri Lanka
    • Syrian Arab Republic
    • Taiwan (Chinese)
    • Tajikistan
    • Thailand
    • Timor-Leste
    • Turkey
    • Turkmenistan
    • United Arab Emirates
    • Uzbekistan
    • Vietnam
    • Yemen
    • Lao People's Democratic Republic
    • Democratic People's Republic of Korea

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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