Southern Asia: Vertical Machining Centre Market 2020

Vertical Machining Centre Market Size in Southern Asia

The revenue of the vertical machining centre market in Southern Asia amounted to $X in 2017, dropping by -X% against the previous year. The vertical machining centre consumption continues to indicate a strong growth. The growth pace was the most rapid in 2015, when it surged by X% y-o-y. In that year, the vertical machining centre market reached their peak level of $X. From 2016 to 2017, growth of the vertical machining centre market stood at a somewhat lower level.

Vertical Machining Centre Production in Southern Asia

In 2017, approx. X units of vertical machining centres for working metal were produced in Southern Asia; going down by -X% against the previous year. The total output indicated a prominent increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2012, when the output figure increased by X% against the previous year. Over the period under review, the vertical machining centre production reached its peak figure volume of X units in 2016, and then declined slightly in the following year.

Vertical Machining Centre Exports in Southern Asia

In 2017, approx. X units of vertical machining centres for working metal were exported in Southern Asia; surging by X% against the previous year. The vertical machining centre exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2015, when it surged by X% year-to-year. In that year, the vertical machining centre exports attained their peak volume of X units. From 2016 to 2017, growth of the vertical machining centre exports failed to regain its momentum.

In value terms, vertical machining centre exports amounted to $X in 2017. The total exports indicated a prominent expansion 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 vertical machining centre exports decreased by -X% against 2015 indices. Over the period under review, the vertical machining centre exports reached its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Vertical Machining Centre Exports by Country in Southern Asia

In 2017, India (X units) were the key exporters of vertical machining centres for working metal in Southern Asia, making up X% of total export.

India was also the fastest growing in terms of the vertical machining centres for working metal exports, with a CAGR of +X% from 2007 to 2017. While the share of India (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual growth rate of value in India stood at +X%.

Vertical Machining Centre Export Prices by Country in Southern Asia

In 2017, the vertical machining centre export price in Southern Asia amounted to $X thousand per unit, surging by X% against the previous year. The vertical machining centre export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, an increase of X% against the previous year. The level of export price peaked of $X thousand per unit in 2014; however, from 2015 to 2017, it failed to regain its momentum.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (+X% per year).

Vertical Machining Centre Imports in Southern Asia

The imports stood at X units in 2017, rising by X% against the previous year. The total imports indicated a modest increase from 2007 to 2017: its volume 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 vertical machining centre imports increased by +X% against 2013 indices. The growth pace was the most rapid in 2017, when it surged by X% against the previous year. In that year, the vertical machining centre imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, vertical machining centre imports stood at $X in 2017. The vertical machining centre imports continue to indicate a mild drop. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Vertical Machining Centre Imports by Country in Southern Asia

India prevails in vertical machining centre imports structure, finishing at X units, which was near X% of total imports in 2017. Pakistan (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to vertical machining centre imports into India stood at +X%. At the same time, Pakistan (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. India (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported vertical machining centres for working metal in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global imports.

In India, vertical machining centre imports declined by an average annual rate of -X% over the period from 2007-2017.

Vertical Machining Centre Import Prices by Country in Southern Asia

In 2017, the vertical machining centre import price in Southern Asia amounted to $X thousand per unit, waning by -X% against the previous year. The vertical machining centre import price continues to indicate a measured slump. The most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. In that year, the import prices for vertical machining centres for working metal reached their peak level of $X thousand per unit. From 2013 to 2017, growth of the import prices for vertical machining centres for working metal stood at a somewhat lower level.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Pakistan ($X thousand per unit) and India ($X thousand per unit), while India ($X thousand per unit) and Pakistan ($X thousand per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Pakistan (-X% per year).

Source: IndexBox Platform