Asia: Numerically Controlled Boring Machine Market 2020

Numerically Controlled Boring Machine Market Size in Asia

The revenue of the numerically controlled boring machine market in Asia amounted to $X in 2017, dropping by -X% against the previous year. The numerically controlled boring machine consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when market value increased by X% year-to-year. Over the period under review, the numerically controlled boring machine market reached its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Numerically Controlled Boring Machine Production in Asia

The numerically controlled boring machine production amounted to X units in 2017, approximately mirroring the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2011, with an increase of X% year-to-year. Over the period under review, the numerically controlled boring machine production attained its maximum volume in 2017, and is expected to retain its growth in the near future.

Numerically Controlled Boring Machine Exports in Asia

The exports totaled X units in 2017, coming up by X% against the previous year. The numerically controlled boring machine exports continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2017, when it surged by X% y-o-y. Over the period under review, the numerically controlled boring machine exports attained its maximum volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, numerically controlled boring machine exports amounted to $X in 2017. The numerically controlled boring machine exports continue to indicate an abrupt curtailment. The level of exports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Numerically Controlled Boring Machine Exports by Country in Asia

Bangladesh was the key exporting country with an export of around X units, which reached X% of total exports. Malaysia (X units) ranks second in terms of the global exports with a X% share, followed by Saudi Arabia (X%), China (X%) and Japan (X%). The following exporters - Singapore (X units) and South Korea (X units) each accounted for a X% share of total exports.

Bangladesh was also the fastest growing in terms of the numerically controlled boring and boring-milling machines for working metal exports, with a CAGR of +X% from 2007 to 2017. At the same time, Singapore (+X%), Saudi Arabia (+X%), China (+X%) and Japan (+X%) displayed positive paces of growth. By contrast, South Korea (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. While the share of Malaysia (X%) increased significantly in terms of the global exports from 2007-2017, the share of Singapore (-X%), China (-X%), Saudi Arabia (-X%) and Bangladesh (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) remains the largest numerically controlled boring machine supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global exports. It was followed by China, with a X% share.

In Japan, numerically controlled boring machine exports declined by an average annual rate of -X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (-X% per year) and China (-X% per year).

Numerically Controlled Boring Machine Export Prices by Country in Asia

In 2017, the numerically controlled boring machine export price in Asia amounted to $X thousand per unit, declining by -X% against the previous year. The numerically controlled boring machine export price continues to indicate a moderate contraction. The pace of growth was the most pronounced in 2011, when the export prices increased by X% year-to-year. Over the period under review, the export prices for numerically controlled boring and boring-milling machines for working metal attained its maximum level of $X thousand per unit in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was South Korea ($X thousand per unit), while Saudi Arabia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Bangladesh (-X% per year), while the other leaders experienced a decline in the export price figures.

Numerically Controlled Boring Machine Imports in Asia

In 2017, numerically controlled boring machine imports in Asia stood at X units, increasing by X% against the previous year. The numerically controlled boring machine imports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2013, when imports increased by X% against the previous year. In that year, the numerically controlled boring machine imports attained their peak volume of X units. From 2014 to 2017, growth of the numerically controlled boring machine imports failed to regain its momentum.

In value terms, numerically controlled boring machine imports totaled $X in 2017. The numerically controlled boring machine imports continue to indicate a temperate downturn. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Numerically Controlled Boring Machine Imports by Country in Asia

In 2017, China (X units) represented the largest importer for numerically controlled boring and boring-milling machines for working metal, comprising X% of total imports. Thailand (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by India (X%) and Indonesia (X%). The United Arab Emirates (X units), Iran (X units), Malaysia (X units), China, Hong Kong SAR (X units), Vietnam (X units), South Korea (X units), Israel (X units) and Kuwait (X units) followed a long way behind the leaders.

Imports into China decreased at an average annual rate of -X% from 2007 to 2017. At the same time, China, Hong Kong SAR (+X%), Israel (+X%), Kuwait (+X%), Thailand (+X%), Iran (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, China, Hong Kong SAR emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. Vietnam and the United Arab Emirates experienced a relatively flat trend pattern. By contrast, Indonesia (-X%), South Korea (-X%) and India (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of India, China, Indonesia and South Korea increased by X%, X%, X% and X% percentage points, while Israel (-X%), Iran (-X%), China, Hong Kong SAR (-X%) and Thailand (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported numerically controlled boring and boring-milling machines for working metal in Asia, making up X% of global imports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of global imports. It was followed by India, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China stood at -X%. The remaining importing countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and India (-X% per year).

Numerically Controlled Boring Machine Import Prices by Country in Asia

The numerically controlled boring machine import price in Asia stood at $X thousand per unit in 2017, waning by -X% against the previous year. The numerically controlled boring machine import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. Over the period under review, the import prices for numerically controlled boring and boring-milling machines for working metal reached its maximum level of $X thousand per unit in 2012; however, from 2013 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was South Korea ($X thousand per unit), while Vietnam ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Indonesia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform