China - Electrical Parts Of Machinery Or Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMachinery Electrical Parts Price in China - 2021
Contents:
- Machinery Electrical Parts Price in China (FOB) - 2021
- Machinery Electrical Parts Price in China (CIF) - 2022
- Machinery Electrical Parts Exports in China
- Machinery Electrical Parts Imports in China
Machinery Electrical Parts Price in China (FOB) - 2021
In December 2021, the average machinery electrical parts export price amounted to $76,480 per ton, rising by 14% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $83,766 per ton in August 2021; however, from September 2021 to December 2021, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($82,396 per ton), while the average price for exports to Turkey ($16,064 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Machinery Electrical Parts Price in China (CIF) - 2022
In 2021, the average machinery electrical parts import price amounted to $141,040 per ton, increasing by 49% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 78%. Over the period under review, average import prices hit record highs at $214,435 per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Malaysia ($1,975,083 per ton), while the price for Sweden ($16,143 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Machinery Electrical Parts Exports in China
In 2022, machinery electrical parts exports from China contracted to 27K tons, which is down by -11.7% against 2021 figures. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, the exports reached the peak of 30K tons, and then reduced in the following year.
In value terms, machinery electrical parts exports soared to $2.6B in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Machinery Electrical Parts in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 26.4 | 16.6 | 49.8 | 993 | 235.1% |
United States | 109 | 117 | 110 | 213 | 25.0% |
Mexico | 49.7 | 42.7 | 59.7 | 81.7 | 18.0% |
Malaysia | 11.8 | 22.8 | 24.9 | 47.8 | 59.4% |
Vietnam | 60.3 | 82.3 | 106 | 14.2 | -38.2% |
Hong Kong SAR | 808 | N/A | N/A | N/A | 0% |
South Korea | 58.8 | 55.3 | 99.4 | N/A | 30.0% |
Japan | 72.5 | 75.7 | 123 | N/A | 30.3% |
India | 41.1 | 30.6 | 34.9 | N/A | -7.9% |
Others | 281 | 1,147 | 1,607 | 1,282 | 65.9% |
Total | 1,519 | 1,590 | 2,215 | 2,632 | 20.1% |
Top Export Markets for Machinery Electrical Parts from China in 2022:
- Poland (21.7K tons)
- United States (2.9K tons)
- Mexico (1.7K tons)
- Malaysia (0.4K tons)
- Vietnam (0.1K tons)
Machinery Electrical Parts Imports in China
In 2021, after two years of growth, there was significant decline in purchases abroad of electrical parts of machinery or apparatus, when their volume decreased by -29% to 10K tons. Over the period under review, total imports indicated a notable increase from 2019 to 2021: its volume increased at an average annual rate of +3.4% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +6.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 51%. As a result, imports attained the peak of 14K tons, and then shrank remarkably in the following year.
In value terms, machinery electrical parts imports rose notably to $1.4B in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Machinery Electrical Parts in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Malaysia | 255 | 303 | 378 | 21.8% | |
Japan | 607 | 402 | 378 | -21.1% | |
South Korea | 51.2 | 90.4 | 78.5 | 23.8% | |
Mexico | 60.3 | 27.6 | 38.9 | -19.7% | |
Thailand | 48.4 | 32.8 | 33.6 | -16.7% | |
Philippines | 59.5 | 26.0 | 29.0 | -30.2% | |
Costa Rica | 39.8 | 26.7 | 20.3 | -28.6% | |
Vietnam | 13.9 | 13.3 | 18.7 | 16.0% | |
United States | 26.1 | 14.8 | 18.6 | -15.6% | |
Germany | 34.4 | 14.4 | 15.7 | -32.4% | |
Hungary | 9.8 | 4.2 | 6.2 | -20.5% | |
Indonesia | 7.8 | 4.1 | 4.7 | -22.4% | |
Taiwan (Chinese) | 133 | N/A | N/A | 0% | |
Others | 97.5 | 408 | 426 | 109.0% | |
Total | 1,444 | 1,367 | 1,446 | 0.1% |
Top Suppliers of Machinery Electrical Parts to China in 2022:
- South Korea (1034.4 tons)
- Thailand (987.9 tons)
- Japan (891.4 tons)
- Vietnam (752.8 tons)
- Germany (737.4 tons)
- Hungary (198.4 tons)
- Malaysia (191.3 tons)
- United States (181.2 tons)
- Costa Rica (174.1 tons)
- Philippines (142.7 tons)
- Indonesia (123.0 tons)
- Mexico (80.7 tons)
This report provides an in-depth analysis of the machinery electrical parts market 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 27903390 - Electrical parts of machinery or apparatus, n.e.c.
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
This report provides an in-depth analysis of the machinery electrical parts market in China.
This report provides an in-depth analysis of the global machinery electrical parts market.
This report provides an in-depth analysis of the machinery electrical parts market in China.
This report provides an in-depth analysis of the global machinery electrical parts market.
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