Asia: Electroplating Machine Market 2024

Electroplating Machine Market Size in Asia

In 2021, the Asian electroplating machine market increased by 62% to $X, rising for the third consecutive year after two years of decline. The total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% 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 increased by +85.1% against 2018 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Electroplating Machine Production in Asia

In value terms, electroplating machine production contracted to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 112% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Electroplating Machine Exports

Exports in Asia

In 2021, electroplating machine exports in Asia dropped to X units, which is down by -8.2% compared with the year before. Overall, exports, however, saw a slight expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 29%. The volume of export peaked at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, electroplating machine exports skyrocketed to $X in 2021. Total exports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -8.0% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 28% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Korea (X units), Taiwan (Chinese) (X units), China (X units), Singapore (X units) and Malaysia (X units) represented roughly 81% of total exports in 2021. Japan (X units) took a 5.2% share (based on physical terms) of total exports, which put it in second place, followed by Turkey (5%) and the Philippines (4.7%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Philippines (with a CAGR of +96.2%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and South Korea ($X) were the countries with the highest levels of exports in 2021, together accounting for 77% of total exports.

South Korea, with a CAGR of +42.5%, recorded the highest growth rate of the value of exports, among 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

In 2021, the export price in Asia amounted to $X per unit, with an increase of 26% against the previous year. Export price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electroplating machine export price increased by +29.9% against 2017 indices. The most prominent rate of growth was recorded in 2014 an increase of 37%. Over the period under review, the export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: 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 Taiwan (Chinese) (+8.3%), while the other leaders experienced more modest paces of growth.

Electroplating Machine Imports

Imports in Asia

In 2021, approx. X units of machines for electroplating, electrolysis or electrophoresis were imported in Asia; growing by 264% on 2020. Overall, imports posted a remarkable increase. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, electroplating machine imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a slight curtailment. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The Philippines (X units) and Indonesia (X units) prevails in imports structure, together comprising 75% of total imports. Taiwan (Chinese) (X units) took the next position in the ranking, followed by Turkey (X units). All these countries together took near 14% share of total imports. Thailand (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Philippines (with a CAGR of +101.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), Indonesia ($X) and Turkey ($X) were the countries with the highest levels of imports in 2021, together comprising 25% of total imports. These countries were followed by Thailand and the Philippines, which together accounted for a further 3.7%.

The Philippines, with a CAGR of +18.7%, saw 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 mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Asia amounted to $X per unit, declining by -62.3% against the previous year. Over the period under review, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 311% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-4.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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