Thread Rolling Machine Market

The article discusses the growth trends in the global thread rolling machine market, with a focus on consumption, production, imports, and exports. It highlights key statistics such as market volume, value, and the top consuming and producing countries. China emerges as a dominant player in both consumption and production, while countries like Cameroon and South Africa show notable growth in imports and exports. The data indicates a positive outlook for the industry, with steady growth projected in the coming years.

Market Forecast

Driven by rising demand for thread rolling machine worldwide, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.1% for the period from 2022 to 2030, which is projected to bring the market volume to 94K units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.8% for the period from 2022 to 2030, which is projected to bring the market value to $765M (in nominal prices) by the end of 2030.

Consumption

World Consumption of Thread Rolling Machines For Working Metal, Sintered Metal Carbides Or Cermets

In 2022, consumption of thread rolling machines for working metal, sintered metal carbides or cermets decreased by -7.5% to 93K units, falling for the fourth year in a row after three years of growth. Overall, consumption saw a relatively flat trend pattern. Over the period under review, global consumption attained the peak volume at 108K units in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

The global thread rolling machine market value reduced modestly to $615M in 2022, shrinking by -2.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a temperate increase. As a result, consumption attained the peak level of $1.7B. From 2015 to 2022, the growth of the global market remained at a somewhat lower figure.

Consumption By Country

The country with the largest volume of thread rolling machine consumption was China (69K units), comprising approx. 74% of total volume. Moreover, thread rolling machine consumption in China exceeded the figures recorded by the second-largest consumer, the United States (4.1K units), more than tenfold. The UK (2.6K units) ranked third in terms of total consumption with a 2.8% share.

In China, thread rolling machine consumption declined by an average annual rate of -1.4% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of consumption growth: the United States (+5.5% per year) and the UK (+0.6% per year).

In value terms, the largest thread rolling machine markets worldwide were China ($189M), Spain ($135M) and Italy ($93M), with a combined 68% share of the global market. The United States, India, the UK and Cameroon lagged somewhat behind, together comprising a further 8.9%.

Cameroon, with a CAGR of +82.8%, saw the highest rates of growth with regard to market size in terms of the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of thread rolling machine per capita consumption in 2022 were Cameroon (64 units per billion persons), China (49 units per billion persons) and Spain (42 units per billion persons).

From 2012 to 2022, the biggest increases were recorded for Cameroon (with a CAGR of +84.6%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Thread Rolling Machines For Working Metal, Sintered Metal Carbides Or Cermets

In 2022, after two years of growth, there was decline in production of thread rolling machines for working metal, sintered metal carbides or cermets, when its volume decreased by -0.5% to 113K units. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 1.7%. Over the period under review, global production attained the peak volume at 114K units in 2021, and then shrank in the following year.

In value terms, thread rolling machine production declined modestly to $667M in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 16% against the previous year. Over the period under review, global production hit record highs at $807M in 2016; however, from 2017 to 2022, production remained at a lower figure.

Production By Country

China (93K units) remains the largest thread rolling machine producing country worldwide, comprising approx. 82% of total volume. Moreover, thread rolling machine production in China exceeded the figures recorded by the second-largest producer, the United States (4.5K units), more than tenfold. The third position in this ranking was taken by the UK (2.6K units), with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: the United States (+0.5% per year) and the UK (+0.5% per year).

Imports

World Imports of Thread Rolling Machines For Working Metal, Sintered Metal Carbides Or Cermets

Global thread rolling machine imports skyrocketed to 11K units in 2022, jumping by 31% on the year before. Overall, total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.7% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, thread rolling machine imports expanded rapidly to $102M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 16% against the previous year. Over the period under review, global imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports By Country

Cameroon (1,789 units), India (1,264 units), Qatar (873 units), Malaysia (724 units), Russia (672 units), Brazil (552 units), China (483 units), Turkey (361 units), the Philippines (290 units), the Netherlands (251 units), Chile (235 units) and Ecuador (211 units) represented roughly 68% of total imports in 2022. Peru (199 units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Cameroon (with a CAGR of +89.5%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, China ($22M) constitutes the largest market for imported thread rolling machines for working metal, sintered metal carbides or cermets worldwide, comprising 21% of global imports. The second position in the ranking was taken by Turkey ($8.7M), with an 8.5% share of global imports. It was followed by India, with an 8% share.

In China, thread rolling machine imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkey (+10.0% per year) and India (+14.0% per year).

Import Prices By Country

The average thread rolling machine import price stood at $9,037 per unit in 2022, reducing by -13.2% against the previous year. In general, the import price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2015 an increase of 35%. Over the period under review, average import prices hit record highs at $15,387 per unit in 2016; however, from 2017 to 2022, import prices stood 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 ($45,397 per unit), while Ecuador ($131 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+14.7%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Thread Rolling Machines For Working Metal, Sintered Metal Carbides Or Cermets

In 2022, overseas shipments of thread rolling machines for working metal, sintered metal carbides or cermets increased by 45% to 31K units, rising for the sixth year in a row after four years of decline. Over the period under review, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, thread rolling machine exports expanded modestly to $93M in 2022. Overall, exports, however, continue to indicate a noticeable descent. The growth pace was the most rapid in 2021 with an increase of 11%. The global exports peaked at $113M in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports By Country

China dominates exports structure, amounting to 24K units, which was near 76% of total exports in 2022. Taiwan (Chinese) (1,144 units), the Czech Republic (985 units), South Korea (882 units), Japan (843 units), South Africa (673 units), the United States (569 units), India (523 units) and Jordan (496 units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to thread rolling machine exports from China stood at +8.9%. At the same time, the Czech Republic (+58.2%), South Africa (+53.9%), Jordan (+25.1%), India (+21.3%) and South Korea (+9.3%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the world, with a CAGR of +58.2% from 2012-2022. By contrast, Japan (-3.3%), Taiwan (Chinese) (-4.4%) and the United States (-11.8%) illustrated a downward trend over the same period. While the share of China (+18 p.p.), the Czech Republic (+3.1 p.p.), South Africa (+2.1 p.p.) and Jordan (+1.6 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Japan (-4 p.p.), Taiwan (Chinese) (-6.5 p.p.) and the United States (-9.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Taiwan (Chinese) ($29M), China ($23M) and Japan ($9.9M) were the countries with the highest levels of exports in 2022, with a combined 68% share of global exports. The United States, South Korea, India, South Africa, Jordan and the Czech Republic lagged somewhat behind, together accounting for a further 9.4%.

South Africa, with a CAGR of +12.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

The average thread rolling machine export price stood at $2,949 per unit in 2022, dropping by -29% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2016 when the average export price increased by 28%. As a result, the export price attained the peak level of $10,840 per unit. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($25,669 per unit), while the Czech Republic ($96 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) (+4.9%), while the other global leaders experienced mixed trends in the export price figures.

Source: IndexBox Market Intelligence Platform