Southern Asia: Horizontal Machining Centre Market 2025

Horizontal Machining Centre Market Size in Southern Asia

The South Asian horizontal machining centre market stood at $X in 2021, increasing by 10% against the previous year. The market value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2019; afterwards, it flattened through to 2021.

Horizontal Machining Centre Production in Southern Asia

In value terms, horizontal machining centre production rose modestly to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 22%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Horizontal Machining Centre Exports

Exports in Southern Asia

In 2021, overseas shipments of horizontal machining centres for working metal were finally on the rise to reach X units after four years of decline. In general, exports, however, saw a deep setback. The pace of growth was the most pronounced in 2016 when exports increased by 247% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, horizontal machining centre exports skyrocketed to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, India (X units) represented the major exporter of horizontal machining centres for working metal in Southern Asia, committing 100% of total export.

India was also the fastest-growing in terms of the horizontal machining centres for working metal exports, with a CAGR of -10.3% from 2012 to 2021. India (+2 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest horizontal machining centre supplier in Southern Asia.

From 2012 to 2021, the average annual growth rate of value in India was relatively modest.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2021, surging by 8.6% against the previous year. In general, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2017 an increase of 425% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +12.0% per year.

Horizontal Machining Centre Imports

Imports in Southern Asia

In 2021, supplies from abroad of horizontal machining centres for working metal was finally on the rise to reach X units after two years of decline. In general, imports continue to indicate a strong increase. The growth pace was the most rapid in 2018 with an increase of 74%. The volume of import peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, horizontal machining centre imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 123%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, India (X units) represented the largest importer of horizontal machining centres for working metal, mixing up 77% of total imports. It was distantly followed by Pakistan (X units), comprising a 22% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to horizontal machining centre imports into India stood at +8.0%. At the same time, Pakistan (+13.8%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +13.8% from 2012-2021. From 2012 to 2021, the share of Pakistan increased by +6.8 percentage points.

In value terms, India ($X) constitutes the largest market for imported horizontal machining centres for working metal in Southern Asia, comprising 96% of total imports. The second position in the ranking was held by Pakistan ($X), with a 2.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in India was relatively modest.

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2021, with a decrease of -13.5% against the previous year. Over the period under review, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 28% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per unit), while Pakistan stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (-4.5%).

Source: IndexBox Platform

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