Eastern Asia: Multi-Station Transfer Machine Market 2024

Multi-Station Transfer Machine Market Size in Eastern Asia

The East Asian multi-station transfer machine market reduced notably to $X in 2022, declining by X% against the previous year. Over the period under review, consumption saw a abrupt curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Multi-Station Transfer Machine Production in Eastern Asia

In value terms, multi-station transfer machine production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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Multi-Station Transfer Machine Exports

Exports in Eastern Asia

In 2022, exports of multi-station transfer machines for working metal in Eastern Asia dropped modestly to X units, with a decrease of X% against the year before. Total exports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, multi-station transfer machine exports soared to $X in 2022. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China prevails in exports structure, accounting for X units, which was approx. X% of total exports in 2022. Taiwan (Chinese) (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by South Korea (X%).

China was also the fastest-growing in terms of the multi-station transfer machines for working metal exports, with a CAGR of X% from 2012 to 2022. South Korea (X%) and Taiwan (Chinese) (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total exports, while South Korea and Taiwan (Chinese) saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, China ($X), South Korea ($X) and Taiwan (Chinese) ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports.

China, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price, however, recorded a deep setback. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced mixed trends in the export price figures.

Multi-Station Transfer Machine Imports

Imports in Eastern Asia

In 2022, approx. X units of multi-station transfer machines for working metal were imported in Eastern Asia; shrinking by X% on 2021. Overall, imports saw a dramatic curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, multi-station transfer machine imports fell sharply to $X in 2022. Over the period under review, imports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China prevails in imports structure, recording X units, which was near X% of total imports in 2022. It was distantly followed by Hong Kong SAR (X units), Taiwan (Chinese) (X units) and South Korea (X units), together comprising an X% share of total imports. Japan (X units) followed a long way behind the leaders.

Imports into China decreased at an average annual rate of X% from 2012 to 2022. At the same time, Japan (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Taiwan (Chinese) (X%), South Korea (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Taiwan (Chinese) (X p.p.), South Korea (X p.p.) and Japan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Hong Kong SAR (X p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported multi-station transfer machines for working metal in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

In China, multi-station transfer machine imports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (X% per year) and Japan (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price enjoyed a significant increase. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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