Eastern Asia: Market for Non-Numerically Controlled Drilling Machines For Working Metal 2025

Market Size for Non-Numerically Controlled Drilling Machines For Working Metal in Eastern Asia

The East Asian non-numerically controlled drilling machine market declined markedly to $X in 2021, which is down by -46.6% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then contracted rapidly in the following year.

Production of Non-Numerically Controlled Drilling Machines For Working Metal in Eastern Asia

In value terms, non-numerically controlled drilling machine production declined to $X in 2021 estimated in export price. The total production indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +11.4% against 2014 indices. The pace of growth was the most pronounced in 2014 with an increase of 33%. Over the period under review, production hit record highs at $X in 2020, and then reduced in the following year.

Exports of Non-Numerically Controlled Drilling Machines For Working Metal

Exports in Eastern Asia

In 2021, shipments abroad of non-numerically controlled drilling machines for working metal increased by 90% to X tons, rising for the third year in a row after two years of decline. In general, exports continue to indicate buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-numerically controlled drilling machine exports soared to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 44% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China dominates exports structure, amounting to X tons, which was near 91% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X tons), generating a 4.9% share of total exports. Japan (X tons) held a minor share of total exports.

China was also the fastest-growing in terms of the non-numerically controlled drilling machines for working metal exports, with a CAGR of +14.1% from 2012 to 2021. Taiwan (Chinese) (-6.7%) and Japan (-10.7%) illustrated a downward trend over the same period. China (+35 p.p.) significantly strengthened its position in terms of the total exports, while Japan and Taiwan (Chinese) saw its share reduced by -12% and -13.7% from 2012 to 2021, respectively.

In value terms, China ($X) remains the largest non-numerically controlled drilling machine supplier in Eastern Asia, comprising 85% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an 8.3% share of total exports.

In China, non-numerically controlled drilling machine exports expanded at an average annual rate of +3.2% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (-5.7% per year) and Japan (-12.8% per year).

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, dropping by -33.6% against the previous year. In general, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 17%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Taiwan (Chinese) ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.1%), while the other leaders experienced a decline in the export price figures.

Imports of Non-Numerically Controlled Drilling Machines For Working Metal

Imports in Eastern Asia

Non-numerically controlled drilling machine imports fell to X tons in 2021, with a decrease of -13.6% on the year before. Over the period under review, imports faced a deep setback. The most prominent rate of growth was recorded in 2019 when imports increased by 10% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, non-numerically controlled drilling machine imports fell sharply to $X in 2021. Overall, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2019 when imports increased by 18%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, South Korea (X tons) was the key importer of non-numerically controlled drilling machines for working metal, creating 54% of total imports. It was distantly followed by Japan (X tons), Taiwan (Chinese) (X tons), China (X tons) and Hong Kong SAR (X tons), together committing a 46% share of total imports.

Imports into South Korea decreased at an average annual rate of -11.6% from 2012 to 2021. Taiwan (Chinese) experienced a relatively flat trend pattern. Japan (-1.8%), Hong Kong SAR (-16.8%) and China (-32.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Japan, South Korea and Taiwan (Chinese) increased by +18, +16 and +8.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X), Japan ($X) and China ($X) were the countries with the highest levels of imports in 2021, together comprising 85% of total imports. Taiwan (Chinese) and Hong Kong SAR lagged somewhat behind, together comprising a further 15%.

Taiwan (Chinese), with a CAGR of +2.8%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, with a decrease of -17.9% against the previous year. Import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-numerically controlled drilling machine import price increased by +18.4% against 2017 indices. The most prominent rate of growth was recorded in 2015 when the import price increased by 26% against the previous year. The level of import peaked at $X per ton in 2020, and then dropped notably in the following year.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+23.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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