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Report Asia-Pacific - Planing, Milling or Moulding Machines - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Asia-Pacific - Planing, Milling or Moulding Machines - Market Analysis, Forecast, Size, Trends and Insights

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Asia-Pacific: Wood Milling Machine Market 2024

Wood Milling Machine Market Size in Asia-Pacific

In 2021, the Asia-Pacific wood milling machine market increased by 54% to $X, rising for the fourth year in a row after five years of decline. Over the period under review, consumption posted a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Wood Milling Machine Production in Asia-Pacific

In value terms, wood milling machine production expanded significantly to $X in 2021 estimated in export price. In general, production, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2019 when the production volume increased by 76% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Wood Milling Machine Exports

Exports in Asia-Pacific

In 2021, after seven years of growth, there was significant decline in overseas shipments of planing, milling or moulding machines, when their volume decreased by -10.1% to X units. Overall, exports, however, recorded strong growth. The pace of growth was the most pronounced in 2018 with an increase of 39% against the previous year. The volume of export peaked at X units in 2020, and then fell in the following year.

In value terms, wood milling machine exports soared to $X in 2021. Over the period under review, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 162% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

China was the key exporter of planing, milling or moulding machines in Asia-Pacific, with the volume of exports finishing at X units, which was near 72% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X units), achieving a 27% share of total exports.

China was also the fastest-growing in terms of the planing, milling or moulding machines exports, with a CAGR of +8.3% from 2012 to 2021. Taiwan (Chinese) experienced a relatively flat trend pattern. While the share of China (+15 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Taiwan (Chinese) (-14.3 p.p.) displayed negative dynamics.

In value terms, the largest wood milling machine supplying countries in Asia-Pacific were China ($X) and Taiwan (Chinese) ($X).

In terms of the main exporting countries, China, with a CAGR of +12.3%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per unit, jumping by 49% against the previous year. Overall, the export price continues to indicate tangible growth. The growth pace was the most rapid in 2014 when the export price increased by 124%. As a result, the export price reached the peak level of $X per unit. From 2015 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, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while China totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.9%).

Wood Milling Machine Imports

Imports in Asia-Pacific

In 2021, supplies from abroad of planing, milling or moulding machines was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by 53% against the previous year. The volume of import peaked in 2021 and is likely to see steady growth in years to come.

In value terms, wood milling machine imports shrank to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 21% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Thailand (X units) and India (X units) represented roughly 67% of total imports in 2021. Australia (X units) took the next position in the ranking, followed by Indonesia (X units). All these countries together held approx. 18% share of total imports. Vietnam (X units), the Philippines (X units) and China (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 key importing countries, was attained by the Philippines (with a CAGR of +24.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Vietnam ($X) and Australia ($X) constituted the countries with the highest levels of imports in 2021, together comprising 59% of total imports.

Vietnam, with a CAGR of +17.6%, recorded 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

The import price in Asia-Pacific stood at $X per unit in 2021, dropping by -27.6% against the previous year. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 9.2%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+11.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of wood milling machine consumption, accounting for 65% of total volume. Moreover, wood milling machine consumption in China exceeded the figures recorded by the second-largest consumer, Japan, eightfold. India ranked third in terms of total consumption with a 5.1% share.
China remains the largest wood milling machine producing country in Asia-Pacific, comprising approx. 64% of total volume. Moreover, wood milling machine production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), threefold. Japan ranked third in terms of total production with a 6.8% share.
In value terms, China, Taiwan Chinese) and Japan constituted the countries with the highest levels of exports in 2021, together accounting for 96% of total exports.
In value terms, the largest wood milling machine importing markets in Asia-Pacific were China, Vietnam and Australia, together comprising 60% of total imports.
The wood milling machine export price in Asia-Pacific stood at $802 per unit in 2021, shrinking by -6.4% against the previous year.
The wood milling machine import price in Asia-Pacific stood at $653 per unit in 2021, falling by -19.8% against the previous year.

This report provides an in-depth analysis of the wood milling machine market in Asia-Pacific. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28491250 - Planing, milling or moulding (by cutting) machines for working wood, cork, bone, hard rubber, hard plastics or similar hard materials

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Asia-Pacific, split by region and country
  • Trade (exports and imports) in Asia-Pacific
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Australia
    • Bangladesh
    • Bhutan
    • Brunei Darussalam
    • Cambodia
    • China
    • Hong Kong SAR
    • Macao SAR
    • Cook Islands
    • Fiji
    • French Polynesia
    • India
    • Indonesia
    • Japan
    • Kiribati
    • Malaysia
    • Maldives
    • Marshall Islands
    • Micronesia
    • Myanmar
    • Nepal
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Pakistan
    • Palau
    • Papua New Guinea
    • Philippines
    • Samoa
    • Singapore
    • Solomon Islands
    • South Korea
    • Sri Lanka
    • Taiwan (Chinese)
    • Thailand
    • Timor-Leste
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Vietnam
    • Wallis and Futuna Islands
    • Lao People's Democratic Republic
    • American Samoa
    • Democratic People's Republic of Korea
    • Nauru
    • Niue
    • Guam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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