China: Hydraulic Press Market 2025

Hydraulic Press Market Size in China

In 2022, after two years of decline, there was significant growth in the Chinese hydraulic press market, when its value increased by 383% to $X. Over the period under review, consumption showed a significant increase. Hydraulic press consumption peaked in 2022 and is expected to retain growth in years to come.

Hydraulic Press Production in China

In value terms, hydraulic press production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 49%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Hydraulic Press Exports

Exports from China

After five years of growth, shipments abroad of hydraulic presses for working metal decreased by 99.9% to less than X units in 2022. In general, exports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2013 when exports increased by 46%. Over the period under review, the exports hit record highs at X units in 2021, and then reduced markedly in the following year.

In value terms, hydraulic press exports contracted to $X in 2022. Over the period under review, total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.4% 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 +47.8% against 2016 indices. The growth pace was the most rapid in 2013 with an increase of 33%. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

The United States (X units) was the main destination for hydraulic press exports from China, accounting for a 30% share of total exports. Moreover, hydraulic press exports to the United States exceeded the volume sent to the second major destination, Russia (X units), fivefold. The third position in this ranking was taken by Poland (X units), with a 5.9% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +14.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+9.2% per year) and Poland (+33.1% per year).

In value terms, the largest markets for hydraulic press exported from China were Russia ($X), the United States ($X) and Mexico ($X), with a combined 17% share of total exports. Japan, South Africa, Poland, Australia, Canada, the UK, Germany, France, Portugal and Belgium lagged somewhat behind, together accounting for a further 15%.

Among the main countries of destination, Portugal, with a CAGR of +54.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hydraulic press export price stood at $X per unit in 2021, growing by 17% against the previous year. Overall, the export price, however, continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 52%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Hydraulic Press Imports

Imports into China

In 2021, overseas purchases of hydraulic presses for working metal were finally on the rise to reach X units after two years of decline. Over the period under review, imports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2017 when imports increased by 50%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, hydraulic press imports reduced to $X in 2021. In general, imports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2018 when imports increased by 60%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X units), Japan (X units) and South Korea (X units) were the main suppliers of hydraulic press imports to China, with a combined 45% share of total imports. Italy, the United States, the UK, Serbia, Switzerland, Austria, France and Spain lagged somewhat behind, together comprising a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +9.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of hydraulic presses for working metal to China, comprising 48% of total imports. The second position in the ranking was taken by Japan ($X), with a 22% share of total imports. It was followed by Italy, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled -11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-15.6% per year) and Italy (-16.0% per year).

Import Prices by Country

The average hydraulic press import price stood at $X per unit in 2021, with a decrease of -31.7% against the previous year. Over the period under review, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 27% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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