China: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in China

The Chinese metal deburring machine market declined significantly to $X in 2021, waning by -68.4% against the previous year. In general, consumption faced a deep downturn. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Metal Deburring Machine Production in China

In value terms, metal deburring machine production rose slightly to $X in 2021 estimated in export price. In general, production saw slight growth. The pace of growth appeared the most rapid in 2018 with an increase of 502%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Metal Deburring Machine Exports

Exports from China

In 2021, metal deburring machine exports from China skyrocketed to X units, growing by 22% on the previous year's figure. Over the period under review, exports posted notable growth. The most prominent rate of growth was recorded in 2018 when exports increased by 5,878%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, metal deburring machine exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.1% 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 reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units), Slovenia (X units) and Germany (X units) were the main destinations of metal deburring machine exports from China, with a combined 32% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +57.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Russia ($X) were the largest markets for metal deburring machine exported from China worldwide, with a combined 27% share of total exports. The Netherlands, Slovenia, Brazil, Turkey, the UK, Spain, France, Poland, Ukraine and Belgium lagged somewhat behind, together comprising a further 19%.

Slovenia, with a CAGR of +44.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal deburring machine export price stood at $X per unit in 2021, increasing by 9.5% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 2,945% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per unit), while the average price for exports to Slovenia ($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 Turkey (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Deburring Machine Imports

Imports into China

In 2021, supplies from abroad of machines for deburring or polishing metal increased by 19% to X units for the first time since 2016, thus ending a four-year declining trend. In general, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 19,880% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, metal deburring machine imports soared to $X in 2021. Overall, imports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2016 with an increase of 98% against the previous year. 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), Taiwan (Chinese) (X units) and Japan (X units) were the main suppliers of metal deburring machine imports to China, together accounting for 67% of total imports. These countries were followed by Finland, the United States, Austria, Switzerland and South Korea, which together accounted for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +72.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), Germany ($X) and Japan ($X) appeared to be the largest metal deburring machine suppliers to China, with a combined 62% share of total imports. Austria, Finland, South Korea, Switzerland and the United States lagged somewhat behind, together accounting for a further 19%.

Austria, with a CAGR of +123.8%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average metal deburring machine import price stood at $X per unit in 2021, jumping by 22% against the previous year. Over the period under review, the import price, however, showed a abrupt decrease. The growth pace was the most rapid in 2018 an increase of 6,621% against the previous year. Over the period under review, average import prices attained the peak figure 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 supplying countries. In 2021, the country with the highest price was Austria ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :