Eastern Asia: Cable-Making Machine Market 2024

Cable-Making Machine Market Size in Eastern Asia

The East Asian cable-making machine market soared to $X in 2022, surging by X% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Cable-Making Machine Production in Eastern Asia

In value terms, cable-making machine production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Cable-Making Machine Exports

Exports in Eastern Asia

Cable-making machine exports soared to X units in 2022, growing by X% against the previous year. Over the period under review, exports recorded a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cable-making machine exports rose significantly to $X in 2022. Total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

China prevails in exports structure, amounting to X units, which was near X% of total exports in 2022. It was distantly followed by South Korea (X units), committing a X% share of total exports. Japan (X units) and Taiwan (Chinese) (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the rope or cable-making machines exports, with a CAGR of X% from 2012 to 2022. At the same time, Japan (X%) displayed positive paces of growth. By contrast, Taiwan (Chinese) (X%) and South Korea (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total exports, while Taiwan (Chinese) and South Korea saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest cable-making machine supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China stood at X%. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Japan (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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 ($X per unit), while Taiwan (Chinese) ($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 (X%), while the other leaders experienced mixed trends in the export price figures.

Cable-Making Machine Imports

Imports in Eastern Asia

In 2022, cable-making machine imports in Eastern Asia fell to X units, remaining relatively unchanged against the year before. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, cable-making machine imports contracted remarkably to $X in 2022. In general, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Japan represented the key importing country with an import of about X units, which amounted to X% of total imports. It was distantly followed by China (X units), South Korea (X units) and Taiwan (Chinese) (X units), together comprising a X% share of total imports. Hong Kong SAR (X units) followed a long way behind the leaders.

Japan was also the fastest-growing in terms of the rope or cable-making machines imports, with a CAGR of X% from 2012 to 2022. At the same time, Hong Kong SAR (X%) displayed positive paces of growth. By contrast, China (X%), Taiwan (Chinese) (X%) and South Korea (X%) illustrated a downward trend over the same period. Japan (X p.p.) significantly strengthened its position in terms of the total imports, while Taiwan (Chinese), China and South Korea saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cable-making machine importing markets in Eastern Asia were China ($X), South Korea ($X) and Japan ($X), together accounting for X% of total imports.

Japan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the import price recorded a pronounced setback. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the import prices remained at a somewhat 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 China ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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