Report Asia-Pacific - Tamping or Compacting Machinery - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Asia-Pacific - Tamping or Compacting Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Asia-Pacific: Tamping Machinery Market 2024

Tamping Machinery Market Size in Asia-Pacific

In 2021, the Asia-Pacific tamping machinery market decreased by -2.4% to $X, falling for the third consecutive year after three years of growth. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Tamping Machinery Production in Asia-Pacific

In value terms, tamping machinery production expanded significantly to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by 26%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Tamping Machinery Exports

Exports in Asia-Pacific

In 2021, approx. X units of tamping or compacting machinery were exported in Asia-Pacific; jumping by 32% compared with the previous year. Over the period under review, exports posted resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of 876%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, tamping machinery exports surged to $X in 2021. The total export value increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X units) represented roughly 97% of total exports in 2021.

China was also the fastest-growing in terms of the tamping or compacting machinery exports, with a CAGR of +6.7% from 2012 to 2021. From 2012 to 2021, the share of China increased by +2.3 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest tamping machinery supplier in Asia-Pacific.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +6.6%.

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2021, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2017 an increase of 733% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -0.1% per year.

Tamping Machinery Imports

Imports in Asia-Pacific

In 2021, approx. X units of tamping or compacting machinery were imported in Asia-Pacific; dropping by -15.2% on 2020 figures. Total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +58.2% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of 37% against the previous year. Over the period under review, imports attained the peak figure at X units in 2020, and then fell remarkably in the following year.

In value terms, tamping machinery imports surged to $X in 2021. Overall, imports showed a noticeable contraction. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Australia (X units) and Thailand (X units) represented the main importers of tamping or compacting machinery in Asia-Pacific, together committing 39% of total imports. It was distantly followed by New Zealand (X units), Sri Lanka (X units), Japan (X units), the Philippines (X units), Pakistan (X units) and Vietnam (X units), together making up a 40% share of total imports. Singapore (X units), South Korea (X units), Hong Kong SAR (X units), Nepal (X units) and Indonesia (X units) took a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +58.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tamping machinery importing markets in Asia-Pacific were New Zealand ($X), Japan ($X) and Singapore ($X), together comprising 36% of total imports. These countries were followed by Thailand, Australia, Vietnam, Indonesia, South Korea, Sri Lanka, Nepal, the Philippines, Pakistan and Hong Kong SAR, which together accounted for a further 45%.

South Korea, with a CAGR of +49.5%, recorded the highest rates of growth with regard to 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 unit, surging by 39% against the previous year. In general, the import price, however, showed a abrupt descent. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+3.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest tamping machinery consuming country in Asia-Pacific, comprising approx. 56% of total volume. Moreover, tamping machinery consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Japan, with a 6.5% share.
The country with the largest volume of tamping machinery production was China, accounting for 76% of total volume. Moreover, tamping machinery production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Japan, with a 3.9% share.
In value terms, China remains the largest tamping machinery supplier in Asia-Pacific, comprising 69% of total exports. The second position in the ranking was occupied by Vietnam, with a 7.8% share of total exports.
In value terms, Japan, Thailand and Australia appeared to be the countries with the highest levels of imports in 2021, together comprising 29% of total imports. New Zealand, Hong Kong SAR, South Korea, the Philippines and Sri Lanka lagged somewhat behind, together comprising a further 30%.
In 2021, the tamping machinery export price in Asia-Pacific amounted to $214 per unit, growing by 2.2% against the previous year.
The tamping machinery import price in Asia-Pacific stood at $1,014 per unit in 2021, waning by -21.7% against the previous year.

This report provides an in-depth analysis of the tamping machinery 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 28923050 - (Towed and hand-held compaction equipment) Tamping or compacting machinery (excluding self-propelled)

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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