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

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

In 2021, the East Asian numerically controlled drilling machine market decreased by -17.8% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption continues to indicate a slight decline. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

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

In value terms, numerically controlled drilling machine production contracted to $X in 2021 estimated in export price. Overall, production recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 35% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports in Eastern Asia

After two years of decline, overseas shipments of numerically controlled drilling machines for working metal increased by 22% to X tons in 2021. Over the period under review, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of 60%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, numerically controlled drilling machine exports skyrocketed to $X in 2021. In general, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 37%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Taiwan (Chinese) (X tons) represented the main exporter of numerically controlled drilling machines for working metal, making up 54% of total exports. It was distantly followed by China (X tons), South Korea (X tons) and Japan (X tons), together constituting a 46% share of total exports.

Exports from Taiwan (Chinese) decreased at an average annual rate of -3.4% from 2012 to 2021. At the same time, China (+20.2%) and South Korea (+1.4%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +20.2% from 2012-2021. By contrast, Japan (-27.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Taiwan (Chinese), China and South Korea increased by +24, +24 and +6.9 percentage points, respectively.

In value terms, Taiwan (Chinese) ($X) remains the largest numerically controlled drilling machine supplier in Eastern Asia, comprising 54% of total exports. The second position in the ranking was held by China ($X), with a 20% share of total exports. It was followed by Japan, with a 15% share.

From 2012 to 2021, the average annual growth rate of value in Taiwan (Chinese) totaled -3.0%. In the other countries, the average annual rates were as follows: China (+10.1% per year) and Japan (-30.2% per year).

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, with an increase of 2.3% against the previous year. Overall, the export price, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2018 when the export price increased by 10%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per ton), while China ($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) (+0.4%), while the other leaders experienced a decline in the export price figures.

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports in Eastern Asia

In 2021, purchases abroad of numerically controlled drilling machines for working metal decreased by -11.2% to X tons, falling for the third year in a row after two years of growth. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2018 when imports increased by 44%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, numerically controlled drilling machine imports reduced slightly to $X in 2021. In general, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2018 when imports increased by 60%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China represented the largest importer of numerically controlled drilling machines for working metal in Eastern Asia, with the volume of imports finishing at X tons, which was approx. 75% of total imports in 2021. It was distantly followed by South Korea (X tons) and Taiwan (Chinese) (X tons), together mixing up a 20% share of total imports. Hong Kong SAR (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to numerically controlled drilling machine imports into China stood at -11.1%. South Korea (-8.2%), Taiwan (Chinese) (-12.6%) and Hong Kong SAR (-32.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China and South Korea increased by +20 and +4.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported numerically controlled drilling machines for working metal in Eastern Asia, comprising 71% of total imports. The second position in the ranking was held by South Korea ($X), with a 12% share of total imports. It was followed by Taiwan (Chinese), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to -14.6%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (-4.7% per year) and Taiwan (Chinese) (-16.7% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, increasing by 11% against the previous year. Over the period under review, the import price, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2015 an increase of 17% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in South Korea ($X per ton) and Taiwan (Chinese) ($X per ton), while China ($X per ton) and Hong Kong SAR ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+3.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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