Eastern Asia: Metal Tapping Tools Market 2020

Metal Tapping Tools Market Size in Eastern Asia

The revenue of the metal tapping tools market in Eastern Asia amounted to $X in 2017, jumping by X% against the previous year. The total market indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal tapping tools consumption increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2010, when market value increased by X% against the previous year. Over the period under review, the metal tapping tools market reached its maximum level in 2017, and is expected to retain its growth in the immediate term.

Metal Tapping Tools Production in Eastern Asia

In 2017, metal tapping tools production in Eastern Asia amounted to X units, picking up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. The volume of metal tapping tools production peaked in 2017, and is expected to retain its growth in the immediate term.

Metal Tapping Tools Exports in Eastern Asia

In 2017, the amount of tapping tools for working metal exported in Eastern Asia stood at X units, picking up by X% against the previous year. The metal tapping tools exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, with an increase of X% y-o-y. Over the period under review, the metal tapping tools exports attained its maximum volume of X units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, metal tapping tools exports stood at $X in 2017. The total exports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal tapping tools exports increased by +X% against 2015 indices. Over the period under review, the metal tapping tools exports reached its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Metal Tapping Tools Exports by Country in Eastern Asia

Japan (X units) and China (X units) represented roughly X% of total exports of tapping tools for working metal in 2017. South Korea (X units) took the second position in the ranking, followed by Taiwan, Chinese (X units). All these countries together occupied approx. X% share of total exports. China, Hong Kong SAR (X units) held the weak share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest metal tapping tools markets worldwide were Japan ($X), China ($X) and South Korea ($X), with a combined X% share of total exports. Taiwan, Chinese and China, Hong Kong SAR lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries , China, Hong Kong SAR (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Metal Tapping Tools Export Prices by Country in Eastern Asia

In 2017, the metal tapping tools export price in Eastern Asia amounted to $X per unit, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous year. Over the period under review, the export prices for tapping tools for working metal reached its maximum level in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X per unit), while South Korea ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Tapping Tools Imports in Eastern Asia

In 2017, metal tapping tools imports in Eastern Asia amounted to X units, surging by X% against the previous year. The metal tapping tools imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. Over the period under review, the metal tapping tools imports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, metal tapping tools imports totaled $X in 2017. The total imports indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal tapping tools imports decreased by -X% against 2014 indices. Over the period under review, the metal tapping tools imports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Metal Tapping Tools Imports by Country in Eastern Asia

China dominates metal tapping tools imports structure, accounting for X units, which was approx. X% of total imports in 2017. Japan (X units) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Taiwan, Chinese (X%) and South Korea (X%).

China was also the fastest growing in terms of the tapping tools for working metal imports, with a CAGR of +X% from 2007 to 2017. At the same time, South Korea (+X%) and Japan (+X%) displayed positive paces of growth. Taiwan, Chinese experienced a relatively flat trend pattern. While the share of South Korea (-X%), Japan (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported tapping tools for working metal in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Taiwan, Chinese, with a X% share.

In China, metal tapping tools imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Taiwan, Chinese (+X% per year).

Metal Tapping Tools Import Prices by Country in Eastern Asia

In 2017, the metal tapping tools import price in Eastern Asia amounted to $X per unit, falling by -X% against the previous year. The metal tapping tools import price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2009, when the import prices increased by X% year-to-year. In that year, the import prices for tapping tools for working metal attained their peak level of $X per unit. From 2010 to 2017, growth of the import prices for tapping tools for working metal failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was South Korea ($X per unit), while Japan ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform