Eastern Asia: Cold Metal-Rolling Mill Market 2024

Cold Metal-Rolling Mill Market Size in Eastern Asia

In 2022, the East Asian cold metal-rolling mill market decreased by X% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption, however, saw a significant expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Cold Metal-Rolling Mill Production in Eastern Asia

In value terms, cold metal-rolling mill production soared to $X in 2022 estimated in export price. Over the period under review, production, however, showed a remarkable increase. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Cold Metal-Rolling Mill Exports

Exports in Eastern Asia

In 2022, overseas shipments of cold metal-rolling mills increased by X% to X units, rising for the sixth year in a row after two years of decline. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, cold metal-rolling mill exports rose to $X in 2022. Total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

China dominates exports structure, accounting for X units, which was near X% of total exports in 2022. Taiwan (Chinese) (X units) held a relatively small share of total exports.

China was also the fastest-growing in terms of the cold metal-rolling mills exports, with a CAGR of X% from 2012 to 2022. Taiwan (Chinese) (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Taiwan (Chinese) (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest cold metal-rolling mill supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in China stood at X%.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: 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 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%).

Cold Metal-Rolling Mill Imports

Imports in Eastern Asia

In 2022, cold metal-rolling mill imports in Eastern Asia expanded remarkably to X units, increasing by X% on the year before. In general, imports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, cold metal-rolling mill imports totaled $X in 2022. Overall, imports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Korea (X units) and China (X units) represented the main importers of cold metal-rolling mills in Eastern Asia, together constituting X% of total imports. It was distantly followed by Japan (X units) and Taiwan (Chinese) (X units), together creating a X% share of total imports. Hong Kong SAR (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, South Korea ($X) constitutes the largest market for imported cold metal-rolling mills in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Japan, with an X% share.

From 2012 to 2022, the average annual growth rate of value in South Korea amounted to X%. In the other countries, the average annual rates were as follows: China (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, reducing by X% against the previous year. Overall, the import price saw a abrupt downturn. The pace of growth was the most pronounced in 2019 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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