Eastern Asia: Calendering Machine Market 2024

Calendering Machine Market Size in Eastern Asia

After four years of decline, the East Asian calendering machine market increased by 1.9% to $X in 2021. Over the period under review, consumption recorded a mild descent. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Calendering Machine Production in Eastern Asia

In value terms, calendering machine production amounted to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 23%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Calendering Machine Exports

Exports in Eastern Asia

For the sixth consecutive year, Eastern Asia recorded growth in overseas shipments of calendering and rolling machines, which increased by 9.7% to X units in 2021. Over the period under review, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2018 when exports increased by 65% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, calendering machine exports soared to $X in 2021. In general, exports enjoyed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, amounting to X units, which was near 91% of total exports in 2021. It was distantly followed by South Korea (X units), constituting a 4.5% share of total exports. Japan (X units) and Taiwan (Chinese) (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the calendering and rolling machines exports, with a CAGR of +19.7% from 2012 to 2021. At the same time, Japan (+9.6%) and South Korea (+3.0%) displayed positive paces of growth. By contrast, Taiwan (Chinese) (-9.0%) illustrated a downward trend over the same period. While the share of China (+25 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Japan (-1.5 p.p.), South Korea (-8.2 p.p.) and Taiwan (Chinese) (-15.4 p.p.) displayed negative dynamics.

In value terms, Japan ($X), South Korea ($X) and China ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 84% of total exports.

South Korea, with a CAGR of +22.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2021, surging by 58% against the previous year. Overall, the export price, however, continues to indicate a deep reduction. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat 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 Japan ($X per unit), while China ($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 (+18.9%), while the other leaders experienced more modest paces of growth.

Calendering Machine Imports

Imports in Eastern Asia

In 2021, overseas purchases of calendering and rolling machines increased by 84% to X units for the first time since 2018, thus ending a two-year declining trend. In general, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 103% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, calendering machine imports soared to $X in 2021. Total imports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Japan (X units) was the key importer of calendering and rolling machines, committing 59% of total imports. South Korea (X units) took the second position in the ranking, distantly followed by Taiwan (Chinese) (X units). All these countries together took approx. 34% share of total imports. The following importers - Hong Kong SAR (X units) and China (X units) - together made up 6.7% of total imports.

From 2012 to 2021, average annual rates of growth with regard to calendering machine imports into Japan stood at +10.1%. At the same time, Hong Kong SAR (+58.1%), Taiwan (Chinese) (+22.8%) and South Korea (+8.6%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +58.1% from 2012-2021. By contrast, China (-13.1%) illustrated a downward trend over the same period. Japan (+10 p.p.), Taiwan (Chinese) (+4.1 p.p.), Hong Kong SAR (+3.4 p.p.) and South Korea (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while China saw its share reduced by -19% from 2012 to 2021, respectively.

In value terms, China ($X) constitutes the largest market for imported calendering and rolling machines in Eastern Asia, comprising 91% of total imports. The second position in the ranking was held by South Korea ($X), with a 3.1% share of total imports. It was followed by Taiwan (Chinese), with a 2.9% share.

From 2012 to 2021, the average annual growth rate of value in China amounted to +1.2%. In the other countries, the average annual rates were as follows: South Korea (+3.1% per year) and Taiwan (Chinese) (+7.8% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per unit, growing by 3.6% against the previous year. Over the period under review, the import price, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2019 an increase of 43% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2013; however, from 2014 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 ($X per unit), while Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+16.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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