Global Electroplating Machine Market 2024

Electroplating Machine Market Size

In 2021, the global electroplating machine market increased by 53% to $X, rising for the third consecutive year after four years of decline. Overall, the total consumption indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.4% 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 +77.6% against 2018 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Electroplating Machine Production

In value terms, electroplating machine production dropped to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 99% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, global production growth failed to regain momentum.

Electroplating Machine Exports

Exports

In 2021, approx. X units of machines for electroplating, electrolysis or electrophoresis were exported worldwide; remaining constant against the year before. Overall, exports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 11%. Over the period under review, the global exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, electroplating machine exports expanded remarkably to $X in 2021. In general, exports saw a relatively flat trend pattern. The global exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, the United States (X units), distantly followed by South Korea (X units), Italy (X units), Taiwan (Chinese) (X units), China (X units), Germany (X units) and Singapore (X units) were the key exporters of machines for electroplating, electrolysis or electrophoresis, together mixing up 63% of total exports. The following exporters - Malaysia (X units), Poland (X units), the Netherlands (X units), the UK (X units), Japan (X units) and Turkey (X units) - together made up 16% of total exports.

From 2012 to 2021, average annual rates of growth with regard to electroplating machine exports from the United States stood at +9.2%. At the same time, South Korea (+39.6%), Japan (+25.4%), Turkey (+23.4%), Malaysia (+22.7%), Poland (+22.5%), the Netherlands (+20.7%), Singapore (+12.9%), China (+8.6%) and the UK (+5.8%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in the world, with a CAGR of +39.6% from 2012-2021. By contrast, Italy (-6.5%), Germany (-12.0%) and Taiwan (Chinese) (-13.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States, South Korea, China, Singapore, Malaysia, Poland, the Netherlands, Japan and Turkey increased by +11, +8.2, +4.7, +4.6, +3.9, +2.3, +2.2, +2 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electroplating machine supplying countries worldwide were China ($X), Japan ($X) and Germany ($X), with a combined 49% share of global exports. The United States, South Korea, Italy, the Netherlands, Taiwan (Chinese), the UK, Malaysia, Singapore, Turkey and Poland lagged somewhat behind, together accounting for a further 30%.

In terms of the main exporting countries, South Korea, with a CAGR of +42.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average electroplating machine export price amounted to $X per unit, surging by 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2015 an increase of 35%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.7%), while the other global leaders experienced more modest paces of growth.

Electroplating Machine Imports

Imports

Global electroplating machine imports soared to X units in 2021, with an increase of 84% on the year before. In general, imports showed a modest increase. The pace of growth appeared the most rapid in 2014 when imports increased by 155% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of global imports remained at a somewhat lower figure.

In value terms, electroplating machine imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, global imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of electroplating machine imports in 2021 were the Philippines (X units), Indonesia (X units) and the United States (X units), together resulting at 64% of total import. It was distantly followed by Taiwan (Chinese) (X units), constituting a 5.8% share of total imports. The following importers - Australia (X units), Turkey (X units) and Thailand (X units) - together made up 9.5% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Philippines (with a CAGR of +101.4%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), the United States ($X) and Indonesia ($X) were the countries with the highest levels of imports in 2021, together comprising 21% of global imports. These countries were followed by Turkey, Thailand, Australia and the Philippines, which together accounted for a further 5.4%.

Among the main importing countries, the Philippines, with a CAGR of +18.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average electroplating machine import price amounted to $X per unit, declining by -26% against the previous year. In general, the import price showed a slight descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 162%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+0.2%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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