Eastern Asia: Metal Sawing Machine Market 2025

Metal Sawing Machine Market Size in Eastern Asia

The East Asian metal sawing machine market dropped to $X in 2021, reducing by -10.7% against the previous year. The total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +56.8% against 2017 indices. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Metal Sawing Machine Production in Eastern Asia

In value terms, metal sawing machine production declined slightly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2018 with an increase of 83% 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.

Metal Sawing Machine Exports

Exports in Eastern Asia

In 2021, the amount of sawing or cutting-off machines for working metal exported in Eastern Asia skyrocketed to X units, picking up by 36% against the previous year. Over the period under review, exports showed a pronounced increase. The most prominent rate of growth was recorded in 2018 with an increase of 235% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, metal sawing machine exports soared to $X in 2021. The total export value increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, accounting for X units, which was near 87% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X units), making up a 7.1% share of total exports. Japan (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the sawing or cutting-off machines for working metal exports, with a CAGR of +5.0% from 2012 to 2021. Japan (-4.2%) and Taiwan (Chinese) (-9.3%) illustrated a downward trend over the same period. China (+18 p.p.) significantly strengthened its position in terms of the total exports, while Japan and Taiwan (Chinese) saw its share reduced by -3.3% and -13.8% from 2012 to 2021, respectively.

In value terms, China ($X), Taiwan (Chinese) ($X) and Japan ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 94% share of total exports.

Among the main exporting countries, China, with a CAGR of +7.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per unit, leveling off at the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the export price increased by 181%. Over the period under review, the export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.9%), while the other leaders experienced mixed trends in the export price figures.

Metal Sawing Machine Imports

Imports in Eastern Asia

In 2021, supplies from abroad of sawing or cutting-off machines for working metal increased by 23% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports saw notable growth. The most prominent rate of growth was recorded in 2016 when imports increased by 83%. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, metal sawing machine imports reached $X in 2021. Overall, imports, however, continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2018 when imports increased by 14% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

South Korea represented the largest importer of sawing or cutting-off machines for working metal in Eastern Asia, with the volume of imports recording X units, which was near 60% of total imports in 2021. It was distantly followed by Japan (X units), Taiwan (Chinese) (X units) and Hong Kong SAR (X units), together constituting a 39% share of total imports.

Imports into South Korea increased at an average annual rate of +2.9% from 2012 to 2021. At the same time, Hong Kong SAR (+4.9%) and Taiwan (Chinese) (+2.9%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +4.9% from 2012-2021. By contrast, Japan (-1.2%) illustrated a downward trend over the same period. While the share of South Korea (+4 p.p.) and Hong Kong SAR (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Japan (-6.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X) constitutes the largest market for imported sawing or cutting-off machines for working metal in Eastern Asia, comprising 29% of total imports. The second position in the ranking was taken by Japan ($X), with a 13% share of total imports. It was followed by Taiwan (Chinese), with an 11% share.

In South Korea, metal sawing machine imports increased at an average annual rate of +1.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Japan (-3.3% per year) and Taiwan (Chinese) (+11.0% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2021, declining by -14.8% against the previous year. Over the period under review, the import price showed a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 121%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Taiwan (Chinese) ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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