Eastern Asia: Hydraulic Press Market 2025

Hydraulic Press Market Size in Eastern Asia

The East Asian hydraulic press market was finally on the rise to reach $X in 2022, after two years of decline. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is likely to see gradual growth in the near future.

Hydraulic Press Production in Eastern Asia

In value terms, hydraulic press production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 28% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Hydraulic Press Exports

Exports in Eastern Asia

In 2022, shipments abroad of hydraulic presses for working metal decreased by -97.5% to X units for the first time since 2016, thus ending a five-year rising trend. Overall, exports recorded a precipitous slump. The pace of growth was the most pronounced in 2013 when exports increased by 42% against the previous year. The volume of export peaked at X units in 2021, and then contracted dramatically in the following year.

In value terms, hydraulic press exports fell to $X in 2022. In general, exports recorded a pronounced slump. The pace of growth was the most pronounced in 2021 with an increase of 24%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Taiwan (Chinese) (X units) and Japan (X units) were the key exporters of hydraulic presses for working metal in Eastern Asia, together finishing at approx. 82% of total exports. It was distantly followed by South Korea (X units), committing a 16% share of total exports. Hong Kong SAR (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +23.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest hydraulic press supplying countries in Eastern Asia were South Korea ($X), Japan ($X) and Taiwan (Chinese) ($X), with a combined 35% share of total exports. These countries were followed by Hong Kong SAR, which accounted for a further 0.2%.

In terms of the main exporting countries, Hong Kong SAR, with a CAGR of +14.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, growing by 3,481% against the previous year. In general, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, 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 South Korea (-1.0%), while the other leaders experienced a decline in the export price figures.

Hydraulic Press Imports

Imports in Eastern Asia

Hydraulic press imports fell notably to X units in 2022, dropping by -66.9% on the previous year. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of 54%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, hydraulic press imports reduced sharply to $X in 2022. In general, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2018 when imports increased by 50% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Japan (X units) represented the main importer of hydraulic presses for working metal, mixing up 79% of total imports. It was distantly followed by South Korea (X units), constituting a 16% share of total imports. The following importers - Taiwan (Chinese) (X units) and Hong Kong SAR (X units) - together made up 4.8% of total imports.

Imports into Japan increased at an average annual rate of +9.2% from 2012 to 2022. At the same time, Hong Kong SAR (+14.3%) and South Korea (+7.2%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +14.3% from 2012-2022. By contrast, Taiwan (Chinese) (-5.3%) illustrated a downward trend over the same period. While the share of Japan (+70 p.p.), South Korea (+13 p.p.), Hong Kong SAR (+1.9 p.p.) and Taiwan (Chinese) (+1.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X), Japan ($X) and Taiwan (Chinese) ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 92% of total imports. These countries were followed by Hong Kong SAR, which accounted for a further 5.4%.

Among the main importing countries, Hong Kong SAR, with a CAGR of +9.2%, 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 a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, increasing by 22% against the previous year. In general, the import price, however, recorded a abrupt descent. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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