Eastern Asia: Horizontal Machining Centre Market 2025

Horizontal Machining Centre Market Size in Eastern Asia

The East Asian horizontal machining centre market shrank to $X in 2021, with a decrease of -14.8% against the previous year. Over the period under review, consumption recorded a perceptible contraction. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Horizontal Machining Centre Production in Eastern Asia

In value terms, horizontal machining centre production totaled $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by 18% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Horizontal Machining Centre Exports

Exports in Eastern Asia

In 2021, shipments abroad of horizontal machining centres for working metal was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a mild reduction. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, horizontal machining centre exports soared to $X in 2021. In general, exports, however, showed a abrupt descent. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Japan (X units) and Taiwan (Chinese) (X units) were the main exporters of horizontal machining centres for working metal in Eastern Asia, together comprising 76% of total exports. South Korea (X units) held the next position in the ranking, followed by China (X units) and Hong Kong SAR (X units). All these countries together took near 24% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by China (with a CAGR of +10.9%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Japan ($X) remains the largest horizontal machining centre supplier in Eastern Asia, comprising 58% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 19% share of total exports. It was followed by South Korea, with a 14% share.

In Japan, horizontal machining centre exports declined by an average annual rate of -6.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (-4.4% per year) and South Korea (-1.4% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2021, dropping by -22.7% against the previous year. Overall, the export price saw a pronounced slump. The pace of growth was the most pronounced in 2020 when the export price increased by 11% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, 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 South Korea (+2.1%), while the other leaders experienced a decline in the export price figures.

Horizontal Machining Centre Imports

Imports in Eastern Asia

In 2021, overseas purchases of horizontal machining centres for working metal increased by 53% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2014 with an increase of 139% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, horizontal machining centre imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 43%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China prevails in imports structure, reaching X units, which was approx. 81% of total imports in 2021. It was distantly followed by Hong Kong SAR (X units) and South Korea (X units), together committing a 13% share of total imports. Taiwan (Chinese) (X units) and Japan (X units) held a minor share of total imports.

Imports into China decreased at an average annual rate of -7.8% from 2012 to 2021. At the same time, Taiwan (Chinese) (+6.5%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +6.5% from 2012-2021. By contrast, Japan (-2.2%), South Korea (-3.4%) and Hong Kong SAR (-9.9%) illustrated a downward trend over the same period. Taiwan (Chinese) (+3.2 p.p.) and South Korea (+1.7 p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR and China saw its share reduced by -2% and -3.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported horizontal machining centres for working metal in Eastern Asia, comprising 86% of total imports. The second position in the ranking was held by South Korea ($X), with a 4.5% share of total imports. It was followed by Taiwan (Chinese), with a 4.1% share.

In China, horizontal machining centre imports decreased by an average annual rate of -8.0% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (-6.2% per year) and Taiwan (Chinese) (+5.3% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per unit, falling by -9.4% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 55%. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the 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 China ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :