Asia-Pacific: Metal Treating Machine Market 2024

Metal Treating Machine Market Size in Asia-Pacific

In 2022, the Asia-Pacific metal treating machine market decreased by X% to $X, falling for the fourth year in a row after five years of growth. In general, consumption posted buoyant growth. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Metal Treating Machine Production in Asia-Pacific

In value terms, metal treating machine production expanded slightly to $X in 2022 estimated in export price. The total production indicated a buoyant 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 2020 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Metal Treating Machine Exports

Exports in Asia-Pacific

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. Overall, exports posted strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, metal treating machine exports soared to $X in 2022. Total exports indicated a perceptible 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, 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

In 2022, China (X units) was the main exporter of machines for treating metal, having individual functions, constituting X% of total exports. Indonesia (X units) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Singapore (X%). The following exporters - Taiwan (Chinese) (X units) and South Korea (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to metal treating machine exports from China stood at X%. 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-Pacific, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. While the share of China (X p.p.), Indonesia (X p.p.) and Taiwan (Chinese) (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Korea (X p.p.) and Singapore (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest metal treating machine supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by South Korea ($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 rate of growth in terms of value in China stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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-Pacific

In 2022, metal treating machine imports in Asia-Pacific dropped modestly to X units, declining by X% against the previous year's figure. In general, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, metal treating machine imports stood at $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Singapore (X units), Indonesia (X units), South Korea (X units) and Japan (X units) was the largest importer of machines for treating metal, having individual functions in Asia-Pacific, constituting X% of total import. The following importers - Vietnam (X units), Thailand (X units), Malaysia (X units), the Philippines (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 leading 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-Pacific were India ($X), South Korea ($X) and Vietnam ($X), with a combined X% share of total imports. Indonesia, Thailand, Japan, Malaysia, the Philippines, Taiwan (Chinese) and Singapore lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, the Philippines, with a CAGR of X%, recorded the highest growth rate of 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

The import price in Asia-Pacific stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, 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 mixed trends in the import price figures.

Source: IndexBox Platform

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