Eastern Asia: Calendering Cylinder Market 2024

Calendering Cylinder Market Size in Eastern Asia

The East Asian calendering cylinder market amounted to $X in 2021, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the market value increased by 9.7% against the previous year. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Calendering Cylinder Production in Eastern Asia

In value terms, calendering cylinder production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the production volume increased by 12% against the previous year. As a result, production reached the peak level of $X; afterwards, it flattened through to 2021.

Calendering Cylinder Exports

Exports in Eastern Asia

Calendering cylinder exports skyrocketed to X units in 2021, with an increase of 36% against the previous year's figure. Total exports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +35.0% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, calendering cylinder exports skyrocketed to $X in 2021. Total exports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +8.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +32.5% against 2013 indices. The most prominent rate of growth was recorded in 2013 with an increase of 58%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

In 2021, China (X units) represented the major exporter of cylinders for calendering, committing 66% of total exports. South Korea (X units) ranks second in terms of the total exports with a 16% share, followed by Taiwan (Chinese) (11%) and Japan (6.7%).

Exports from China increased at an average annual rate of +11.1% from 2012 to 2021. At the same time, South Korea (+24.3%) and Japan (+3.1%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +24.3% from 2012-2021. By contrast, Taiwan (Chinese) (-6.3%) illustrated a downward trend over the same period. China (+18 p.p.) and South Korea (+12 p.p.) significantly strengthened its position in terms of the total exports, while Japan and Taiwan (Chinese) saw its share reduced by -2.9% and -26.4% from 2012 to 2021, respectively.

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

South Korea, with a CAGR of +24.9%, recorded the highest growth rate of 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

In 2021, the export price in Eastern Asia amounted to $X per unit, dropping by -15.2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2013 an increase of 43%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: 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 Taiwan (Chinese) (+8.2%), while the other leaders experienced more modest paces of growth.

Calendering Cylinder Imports

Imports in Eastern Asia

Calendering cylinder imports soared to X units in 2021, growing by 52% against the previous year. Overall, imports posted a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of 116%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, calendering cylinder imports surged to $X in 2021. In general, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 114% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Imports by Country

China was the main importer of cylinders for calendering in Eastern Asia, with the volume of imports recording X units, which was approx. 81% of total imports in 2021. Taiwan (Chinese) (X units) held an 11% share (based on physical terms) of total imports, which put it in second place, followed by South Korea (5.2%). Japan (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the cylinders for calendering imports, with a CAGR of +14.0% from 2012 to 2021. At the same time, South Korea (+3.8%) and Japan (+1.6%) displayed positive paces of growth. By contrast, Taiwan (Chinese) (-6.2%) illustrated a downward trend over the same period. While the share of China (+32 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Japan (-1.5 p.p.), South Korea (-2.2 p.p.) and Taiwan (Chinese) (-28 p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported cylinders for calendering in Eastern Asia, comprising 82% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with an 8.2% share of total imports. It was followed by South Korea, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to +8.2%. The remaining importing countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-0.4% per year) and South Korea (+2.0% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2021, rising by 5.3% against the previous year. Over the period under review, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in 2016 an increase of 27%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per unit), while Taiwan (Chinese) ($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) (+6.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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