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China - Numerically Controlled Knee-Type Milling Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChina: Market for Numerically Controlled Knee-Type Milling Machines For Working Metal 2024
Market Size for Numerically Controlled Knee-Type Milling Machines For Working Metal in China
The Chinese market for numerically controlled knee-type milling machines for working metal reached $X in 2023, approximately equating the previous year. Overall, consumption, however, recorded a abrupt shrinkage. Numerically controlled knee-type milling machine consumption peaked at $X in 2017; however, from 2018 to 2023, consumption failed to regain momentum.
Production of Numerically Controlled Knee-Type Milling Machines For Working Metal in China
In value terms, numerically controlled knee-type milling machine production rose to $X in 2023 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2023, production growth failed to regain momentum.
Exports of Numerically Controlled Knee-Type Milling Machines For Working Metal
Exports from China
In 2023, after two years of growth, there was significant decline in overseas shipments of numerically controlled knee-type milling machines for working metal, when their volume decreased by X% to X units. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of X units. From 2015 to 2023, the growth of the exports failed to regain momentum.
In value terms, numerically controlled knee-type milling machine exports fell to $X in 2023. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2023, the exports failed to regain momentum.
Exports by Country
Vietnam (X units) was the main destination for numerically controlled knee-type milling machine exports from China, with a X% share of total exports. Moreover, numerically controlled knee-type milling machine exports to Vietnam exceeded the volume sent to the second major destination, the United States (X units), fourfold. Poland (X units) ranked third in terms of total exports with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Vietnam totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Poland (X% per year).
In value terms, the United States ($X), Vietnam ($X) and Australia ($X) appeared to be the largest markets for numerically controlled knee-type milling machine exported from China worldwide, together comprising X% of total exports. Mexico, Thailand, the United Arab Emirates, Russia, Indonesia, Poland, Iran, Taiwan (Chinese), Malaysia and India lagged somewhat behind, together comprising a further X%.
Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average export price for numerically controlled knee-type milling machines for working metal stood at $X per unit in 2023, stabilizing at the previous year. Overall, the export price continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked at $X per unit in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Iran ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Numerically Controlled Knee-Type Milling Machines For Working Metal
Imports into China
For the third consecutive year, China recorded decline in supplies from abroad of numerically controlled knee-type milling machines for working metal, which decreased by X% to X units in 2023. In general, imports recorded a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.
In value terms, numerically controlled knee-type milling machine imports reduced sharply to $X in 2023. Over the period under review, imports showed a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.
Imports by Country
In 2023, Japan (X units) was the main supplier of numerically controlled knee-type milling machine to China, with a approx. X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of volume from Japan amounted to X%.
In value terms, Japan ($X) constituted the largest supplier of numerically controlled knee-type milling machines for working metal to China.
From 2012 to 2023, the average annual growth rate of value from Japan amounted to X%.
Import Prices by Country
In 2023, the average import price for numerically controlled knee-type milling machines for working metal amounted to $X per unit, dropping by X% against the previous year. Overall, the import price, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2022, and then declined remarkably in the following year.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From 2012 to 2023, the rate of growth in terms of prices for Germany amounted to X% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for numerically controlled knee-type milling machine in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28412217 - Numerically controlled knee-type milling machines for working metal (excluding boring-milling machines)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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