Asia: Metal Treating Machine Market 2024

Metal Treating Machine Market Size in Asia

In 2022, the Asian metal treating machine market decreased by X% to $X, falling for the fourth consecutive year after five years of growth. In general, consumption recorded a remarkable increase. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Metal Treating Machine Production in Asia

In value terms, metal treating machine production rose to $X in 2022 estimated in export price. The total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Metal Treating Machine Exports

Exports in Asia

In 2022, overseas shipments of machines for treating metal, having individual functions increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed resilient growth. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, metal treating machine exports soared to $X in 2022. Total exports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the main exporter of machines for treating metal, having individual functions in Asia, with the volume of exports recording X units, which was near X% of total exports in 2022. Indonesia (X units) ranks second in terms of the total exports with a X% share, followed by Singapore (X%). Taiwan (Chinese) (X units) and South Korea (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Indonesia (X%), Taiwan (Chinese) (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. China (X p.p.), Indonesia (X p.p.) and Taiwan (Chinese) (X p.p.) significantly strengthened its position in terms of the total exports, while South Korea and Singapore saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest metal treating machine supplier in Asia, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with an X% share.

From 2012 to 2022, the average annual growth rate of value in China totaled X%. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the export price saw a abrupt slump. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, 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 South Korea ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced a decline in the export price figures.

Metal Treating Machine Imports

Imports in Asia

In 2022, approx. X units of machines for treating metal, having individual functions were imported in Asia; increasing by X% compared with 2021. Over the period under review, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, metal treating machine imports rose rapidly to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Singapore (X units), Indonesia (X units), Turkey (X units), South Korea (X units) and Japan (X units) represented the key importer of machines for treating metal, having individual functions in Asia, mixing up X% of total import. The following importers - Vietnam (X units), Thailand (X units), Malaysia (X units), the Philippines (X units), Iran (X units), India (X units) and Taiwan (Chinese) (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal treating machine importing markets in Asia were India ($X), Turkey ($X) and South Korea ($X), together accounting for X% of total imports. Vietnam, Indonesia, Thailand, Japan, Malaysia, the Philippines, Iran, Taiwan (Chinese) and Singapore lagged somewhat behind, together comprising a further X%.

The Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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

The import price in Asia stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :