Asia-Pacific: Market for Non-Numerically Controlled Drilling Machines For Working Metal 2025

Market Size for Non-Numerically Controlled Drilling Machines For Working Metal in Asia-Pacific

The Asia-Pacific non-numerically controlled drilling machine market dropped sharply to $X in 2021, shrinking by -30.8% against the previous year. Over the period under review, consumption showed a perceptible slump. The level of consumption peaked at $X in 2020, and then shrank dramatically in the following year.

Production of Non-Numerically Controlled Drilling Machines For Working Metal in Asia-Pacific

In value terms, non-numerically controlled drilling machine production declined to $X in 2021 estimated in export price. The total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +20.1% against 2014 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by 31% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then declined in the following year.

Exports of Non-Numerically Controlled Drilling Machines For Working Metal

Exports in Asia-Pacific

In 2021, shipments abroad of non-numerically controlled drilling machines for working metal increased by 87% to X tons, rising for the third consecutive year after two years of decline. In general, exports showed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-numerically controlled drilling machine exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 33%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China prevails in exports structure, finishing at X tons, which was approx. 88% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X tons), constituting a 4.7% share of total exports. Japan (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the non-numerically controlled drilling machines for working metal exports, with a CAGR of +14.1% from 2012 to 2021. Taiwan (Chinese) (-6.7%) and Japan (-10.7%) illustrated a downward trend over the same period. China (+38 p.p.) significantly strengthened its position in terms of the total exports, while Japan and Taiwan (Chinese) saw its share reduced by -10.4% and -11.6% from 2012 to 2021, respectively.

In value terms, China ($X) remains the largest non-numerically controlled drilling machine supplier in Asia-Pacific, comprising 78% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 7.6% share of total exports.

In China, non-numerically controlled drilling machine exports increased at an average annual rate of +3.2% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (-5.7% per year) and Japan (-12.8% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2021, with a decrease of -32.7% against the previous year. Over the period under review, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 17% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.1%), while the other leaders experienced a decline in the export price figures.

Imports of Non-Numerically Controlled Drilling Machines For Working Metal

Imports in Asia-Pacific

In 2021, the amount of non-numerically controlled drilling machines for working metal imported in Asia-Pacific was estimated at X tons, approximately mirroring 2020 figures. Overall, imports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2019 when imports increased by 13%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, non-numerically controlled drilling machine imports declined to $X in 2021. In general, imports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2019 when imports increased by 3.9% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the six major importers of non-numerically controlled drilling machines for working metal, namely Vietnam, India, Australia, Indonesia, South Korea and Bangladesh, represented more than two-thirds of total import. Malaysia (X tons), New Zealand (X tons), Japan (X tons), Thailand (X tons), Cambodia (X tons), Singapore (X tons) and Sri Lanka (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Sri Lanka (with a CAGR of +19.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Thailand ($X) and India ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 46% of total imports. These countries were followed by Australia, Indonesia, South Korea, Malaysia, Japan, New Zealand, Singapore, Bangladesh, Cambodia and Sri Lanka, which together accounted for a further 43%.

Sri Lanka, with a CAGR of +9.1%, saw the highest growth rate of 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-Pacific amounted to $X per ton, declining by -12.9% against the previous year. In general, the import price recorded a slight reduction. The pace of growth was the most pronounced in 2020 an increase of 18%. Over the period under review, import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Thailand ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+12.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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