China: Injection-Moulding Machine Market 2024

Injection-Moulding Machine Market Size in China

The Chinese injection-moulding machine market rose remarkably to $X in 2022, increasing by X% against the previous year. Overall, consumption continues to indicate buoyant growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Injection-Moulding Machine Production in China

In value terms, injection-moulding machine production expanded sharply to $X in 2022 estimated in export price. In general, production posted a resilient expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Injection-Moulding Machine Exports

Exports from China

In 2022, overseas shipments of injection-moulding machines for working rubber or plastics increased by X% to X units, rising for the sixth year in a row after two years of decline. In general, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, injection-moulding machine exports dropped to $X in 2022. Over the period under review, total exports indicated a buoyant increase from 2012 to 2022: its value 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 2012 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then declined slightly in the following year.

Exports by Country

Vietnam (X units), Malaysia (X units) and Iran (X units) were the main destinations of injection-moulding machine exports from China, with a combined X% share of total exports. Turkey, Indonesia, India, Pakistan, Brazil, Mexico, Egypt, Russia, Thailand and Nigeria lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Turkey ($X) and Mexico ($X) constituted the largest markets for injection-moulding machine exported from China worldwide, with a combined X% share of total exports.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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 injection-moulding machine export price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price showed a pronounced contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced a decline.

Injection-Moulding Machine Imports

Imports into China

In 2022, approx. X units of injection-moulding machines for working rubber or plastics were imported into China; reducing by X% on the year before. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, injection-moulding machine imports reduced markedly to $X in 2022. In general, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of injection-moulding machine to China, with a X% share of total imports. Moreover, injection-moulding machine imports from Japan exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Japan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, Japan ($X) constituted the largest supplier of injection-moulding machines for working rubber or plastics to China, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and South Korea (X% per year).

Import Prices by Country

The average injection-moulding machine import price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price showed a perceptible decrease. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for Taiwan (Chinese) ($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 prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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