World - Flat Panel Video Monitor, Lcd Or Plasma - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLCDs And Plasmas Market
The global LCDs and plasmas market is projected to experience a gradual increase in both volume and value over the period from 2022 to 2030. Consumption trends have shown relatively flat patterns, with key countries like the United States, Thailand, and China leading in volume. Production, import, and export statistics reveal interesting growth patterns in different countries, with China being a significant player in exports. The average import and export prices have also seen fluctuations over the years, with Vietnam showing the highest export price and Hong Kong SAR the lowest.
Market Forecast
Driven by rising demand for LCDs and plasmas worldwide, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.4% for the period from 2022 to 2030, which is projected to bring the market volume to 130M units by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +3.0% for the period from 2022 to 2030, which is projected to bring the market value to $54.8B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Flat Panel Video Monitor, Lcd Or Plasma
In 2022, approx. 125M units of flat panel video monitor, lcd or plasma were consumed worldwide; shrinking by -3.4% on the previous year's figure. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak volume of 162M units. From 2017 to 2022, the growth of the global consumption remained at a somewhat lower figure.
The global LCDs and plasmas market value rose remarkably to $43.4B in 2022, with an increase of 5.5% 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, recorded a relatively flat trend pattern. Over the period under review, the global market attained the peak level at $63.3B in 2018; however, from 2019 to 2022, consumption remained at a lower figure.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were the United States (12M units), Thailand (11M units) and China (11M units), with a combined 27% share of global consumption.
From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +22.9%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, Brazil ($6.7B) led the market, alone. The second position in the ranking was taken by India ($3.2B). It was followed by Russia.
From 2012 to 2022, the average annual rate of growth in terms of value in Brazil stood at +10.6%. The remaining consuming countries recorded the following average annual rates of market growth: India (+6.4% per year) and Russia (+1.3% per year).
In 2022, the highest levels of LCDs and plasmas per capita consumption was registered in Thailand (156 units per 1000 persons), followed by Japan (50 units per 1000 persons), Mexico (39 units per 1000 persons) and Germany (38 units per 1000 persons), while the world average per capita consumption of LCDs and plasmas was estimated at 0.2 units per 1000 persons.
In Thailand, LCDs and plasmas per capita consumption expanded at an average annual rate of +22.8% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Japan (+3.9% per year) and Mexico (+6.4% per year).
Production
World Production of Flat Panel Video Monitor, Lcd Or Plasma
In 2022, production of flat panel video monitor, lcd or plasma increased by 1.3% to 130M units, rising for the fourth year in a row after two years of decline. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 12% against the previous year. As a result, production attained the peak volume of 171M units. From 2017 to 2022, global production growth remained at a lower figure.
In value terms, LCDs and plasmas production contracted modestly to $50.6B in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 12% against the previous year. Global production peaked at $57.9B in 2018; however, from 2019 to 2022, production remained at a lower figure.
Production By Country
The country with the largest volume of LCDs and plasmas production was China (43M units), accounting for 33% of total volume. Moreover, LCDs and plasmas production in China exceeded the figures recorded by the second-largest producer, India (6.8M units), sixfold. The third position in this ranking was held by Japan (5.5M units), with a 4.2% share.
In China, LCDs and plasmas production remained relatively stable over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: India (-1.0% per year) and Japan (+4.8% per year).
Imports
World Imports of Flat Panel Video Monitor, Lcd Or Plasma
In 2022, approx. 65M units of flat panel video monitor, lcd or plasma were imported worldwide; shrinking by -1.8% compared with the previous year. The total import volume increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Over the period under review, global imports attained the maximum at 72M units in 2016; however, from 2017 to 2022, imports failed to regain momentum.
In value terms, LCDs and plasmas imports expanded to $9.3B in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 16% against the previous year. As a result, imports attained the peak of $13.1B. From 2017 to 2022, the growth of global imports failed to regain momentum.
Imports By Country
In 2022, Thailand (14M units) and the United States (13M units) represented the major importers of flat panel video monitor, lcd or plasmaaround the world, together constituting 41% of total imports. Mexico (6.6M units) held a 10% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (5.3%). Japan (2.5M units), Singapore (2.3M units), Hong Kong SAR (1.8M units), Turkey (1.4M units), Germany (1.3M units), Malaysia (1.2M units), Australia (1.2M units), India (1.2M units) and Russia (1.2M units) took a little share of total imports.
From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +40.7%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($1.9B) constitutes the largest market for imported flat panel video monitor, lcd or plasma worldwide, comprising 20% of global imports. The second position in the ranking was taken by Vietnam ($822M), with an 8.9% share of global imports. It was followed by Thailand, with a 5.4% share.
In the United States, LCDs and plasmas imports shrank by an average annual rate of -4.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (+34.0% per year) and Thailand (+9.0% per year).
Import Prices By Country
The average LCDs and plasmas import price stood at $143 per unit in 2022, with an increase of 3.9% against the previous year. In general, the import price, however, continues to indicate a slight setback. The growth pace was the most rapid in 2016 when the average import price increased by 6.6%. As a result, import price reached the peak level of $181 per unit. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($280 per unit), while Thailand ($36 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.3%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Flat Panel Video Monitor, Lcd Or Plasma
In 2022, overseas shipments of flat panel video monitor, lcd or plasma increased by 7.5% to 69M units, rising for the fourth year in a row after two years of decline. The total export volume increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 21% against the previous year. The global exports peaked at 82M units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.
In value terms, LCDs and plasmas exports expanded sharply to $14.6B in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by 14%. Over the period under review, the global exports reached the peak figure at $15.4B in 2016; however, from 2017 to 2022, the exports remained at a lower figure.
Exports By Country
China represented the largest exporting country with an export of around 33M units, which finished at 47% of total exports. Mexico (5.3M units) ranks second in terms of the total exports with a 7.7% share, followed by Thailand (6.4%), Vietnam (6.4%) and Hong Kong SAR (5.3%). The United States (1.9M units), Malaysia (1.9M units), Japan (1.8M units), Hungary (1.7M units), the Czech Republic (1.6M units), Taiwan (Chinese) (1.5M units), Poland (1.5M units) and Singapore (1.5M units) followed a long way behind the leaders.
Exports from China increased at an average annual rate of +2.1% from 2012 to 2022. At the same time, Vietnam (+114.1%), the Czech Republic (+24.4%), Hungary (+17.8%), Hong Kong SAR (+9.7%), Mexico (+7.5%), Singapore (+6.3%), Thailand (+4.6%) and Malaysia (+2.4%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +114.1% from 2012-2022. Taiwan (Chinese) and Poland experienced a relatively flat trend pattern. By contrast, Japan (-3.2%) and the United States (-3.6%) illustrated a downward trend over the same period. While the share of Vietnam (+6.4 p.p.), Mexico (+2.9 p.p.), Hong Kong SAR (+2.6 p.p.), the Czech Republic (+2 p.p.) and Hungary (+1.8 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Japan (-2 p.p.), the United States (-2.4 p.p.) and China (-2.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($5.9B) remains the largest LCDs and plasmas supplier worldwide, comprising 40% of global exports. The second position in the ranking was held by Vietnam ($2B), with a 13% share of global exports. It was followed by Mexico, with a 6.4% share.
In China, LCDs and plasmas exports increased at an average annual rate of +2.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (+122.6% per year) and Mexico (+5.3% per year).
Export Prices By Country
The average LCDs and plasmas export price stood at $211 per unit in 2022, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2021 an increase of 9.9% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($441 per unit), while Hong Kong SAR ($73 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.8%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global lcds and plasmas market. 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 26403460 - Flat panel video monitor, LCD or plasma, etc., without tuner (colour video monitors) (excluding with cathode-ray tube)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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
- CONSUMPTION BY COUNTRY
- 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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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In 2016, approx. X tons of monitor were imported worldwide- flattening at the previous year level. In general, monitor imports continue to indicate a drastic downturn. The most prominent rate of ...
In 2016, approx. X tons of monitor were imported worldwide- flattening at the previous year level. In general, monitor imports continue to indicate a drastic downturn. The most prominent rate of ...
Despite a dip in exports in 2014, China continued to dominate in the global monitor trade. In 2014, China exported X thousand units of monitors totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., wher