Eastern Asia - Concrete or Mortar Mixers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEastern Asia: Concrete Mixer Market 2024
Concrete Mixer Market Size in Eastern Asia
In 2021, the East Asian concrete mixer market decreased by -2.9% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption showed a pronounced curtailment. The growth pace was the most rapid in 2019 when the market value increased by 9.5% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Concrete Mixer Production in Eastern Asia
In value terms, concrete mixer production amounted to $X in 2021 estimated in export price. Overall, production continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2019 with an increase of 9.2%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.
Concrete Mixer Exports
Exports in Eastern Asia
In 2021, shipments abroad of concrete or mortar mixers increased by 5% to X units, rising for the fifth year in a row after three years of decline. Total exports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +87.3% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of 25% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.
In value terms, concrete mixer exports skyrocketed to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
Exports by Country
China (X units) represented roughly 98% of total exports in 2021.
China was also the fastest-growing in terms of the concrete or mortar mixers exports, with a CAGR of +3.2% from 2012 to 2021. From 2012 to 2021, the share of China increased by +4.9 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) also remains the largest concrete mixer supplier in Eastern Asia.
From 2012 to 2021, the average annual growth rate of value in China was relatively modest.
Export Prices by Country
In 2021, the export price in Eastern Asia amounted to $X per unit, rising by 15% against the previous year. Over the period under review, the export price, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2015 when the export price increased by 19%. As a result, the export price attained the peak level of $X per unit. From 2016 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 -2.9% per year.
Concrete Mixer Imports
Imports in Eastern Asia
Concrete mixer imports soared to X units in 2021, growing by 65% on the previous year. In general, imports continue to indicate measured growth. The pace of growth was the most pronounced in 2017 when imports increased by 105%. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports failed to regain momentum.
In value terms, concrete mixer imports soared to $X in 2021. Over the period under review, imports, however, showed a pronounced contraction. The pace of growth was the most pronounced in 2013 with an increase of 44%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.
Imports by Country
Japan (X units) and South Korea (X units) represented roughly 69% of total imports in 2021. Taiwan (Chinese) (X units) ranks next in terms of the total imports with a 15% share, followed by Democratic People's Republic of Korea (9.5%) and Macao SAR (5.4%).
From 2012 to 2021, the biggest increases were recorded for Democratic People's Republic of Korea (with a CAGR of +38.9%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Taiwan (Chinese) ($X), South Korea ($X) and Japan ($X) were the countries with the highest levels of imports in 2021, together comprising 66% of total imports. Democratic People's Republic of Korea and Macao SAR lagged somewhat behind, together comprising a further 7.5%.
In terms of the main importing countries, Democratic People's Republic of Korea, with a CAGR of +6.2%, recorded the highest rates of growth with regard to the value of imports, 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 Eastern Asia amounted to $X per unit, with a decrease of -28.4% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of 104%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the import prices remained at a lower figure.
Prices varied noticeably country of destination: the country with the highest price was Taiwan (Chinese) ($X per unit), while Macao SAR ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.4%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the concrete mixer market in Eastern Asia. 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 28924050 - Concrete or mortar mixers
Country coverage:
- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Eastern Asia, split by region and country
- Trade (exports and imports) in Eastern Asia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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