Asia: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Asia

The Asian metal deburring machine market stood at $X in 2021, with an increase of 13% against the previous year. The total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -13.7% against 2019 indices. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Metal Deburring Machine Production in Asia

In value terms, metal deburring machine production rose remarkably to $X in 2021 estimated in export price. The total production indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.2% 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 -11.0% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 76%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Metal Deburring Machine Exports

Exports in Asia

In 2021, exports of machines for deburring or polishing metal in Asia surged to X units, increasing by 22% on the previous year's figure. In general, exports continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2018 when exports increased by 1,784% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in years to come.

In value terms, metal deburring machine exports soared to $X in 2021. Overall, exports, however, saw a deep slump. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of machines for deburring or polishing metal, namely China, represented more than two-thirds of total export.

China was also the fastest-growing in terms of the machines for deburring or polishing metal exports, with a CAGR of +3.9% from 2012 to 2021. While the share of China (+7.8 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 metal deburring machine supplier in Asia.

From 2012 to 2021, the average annual growth rate of value in China stood at +3.1%.

Export Prices by Country

The export price in Asia stood at $X per unit in 2021, surging by 4.9% against the previous year. In general, the export price, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2016 when the export price increased by 940% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -0.8% per year.

Metal Deburring Machine Imports

Imports in Asia

In 2021, imports of machines for deburring or polishing metal in Asia soared to X units, growing by 22% on the previous year. Over the period under review, imports continue to indicate perceptible growth. The pace of growth appeared the most rapid in 2016 with an increase of 163%. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, metal deburring machine imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a abrupt descent. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

India (X units) and Thailand (X units) were the key importers of machines for deburring or polishing metal in 2021, recording approx. 21% and 18% of total imports, respectively. It was distantly followed by South Korea (X units), Vietnam (X units) and the United Arab Emirates (X units), together generating a 26% share of total imports. The following importers - Taiwan (Chinese) (X units), Indonesia (X units), Malaysia (X units), Japan (X units), Bangladesh (X units), Turkey (X units), Nepal (X units) and Hong Kong SAR (X units) - together made up 23% of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +23.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal deburring machine importing markets in Asia were India ($X), Turkey ($X) and Vietnam ($X), with a combined 26% share of total imports. These countries were followed by Malaysia, Taiwan (Chinese), South Korea, Japan, Thailand, Hong Kong SAR, Indonesia, the United Arab Emirates, Bangladesh and Nepal, which together accounted for a further 35%.

Nepal, with a CAGR of +15.8%, 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, growing by 4.5% against the previous year. Over the period under review, the import price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 when the import price increased by 99%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per unit), while Nepal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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