Which Country Exports the Most Electrical Resistors in the World?
Other Electrical Equipment May 28, 2018
In 2016, approx. 178K tonnes of resistor were exported worldwide; ascending by 15% against the previous year figure. The total export volume increased at an average annual rate of +3.6% over the period from 2007 to 2016; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016, when export increased by 15% year-to-year. In that year, global resistor exports reached its maximum volume, and are likely to continue its growth in the immediate term.
In value terms, resistor exports amounted to $8.8B in 2016. The total export value increased at an average annual rate of +1.6% over the period from 2007 to 2016; the trend pattern indicated some noticeable fluctuations in certain years. Global resistor export peaked of $9.4B in 2014; however, from 2015 to 2016, it failed to regain its strength.
Top Resistor Exporting Countries in the World
1. China (1,591.3 million USD)
2. China, Hong Kong SAR (1,265.4 million USD)
3. Germany (987.2 million USD)
4. Japan (776.8 million USD)
5. Malaysia (308.0 million USD)
6. Netherlands (288.5 million USD)
7. France (187.4 million USD)
8. United Kingdom (178.3 million USD)
9. Thailand (164.4 million USD)
10. Mexico (156.5 million USD)
11. Indonesia (103.3 million USD)
12. Sweden (20.0 million USD)
Resistor Exports By Country
The countries with the highest levels of resistor exports in 2016 were China (39K tonnes), Mexico (31K tonnes), China, Hong Kong SAR (22K tonnes), and Malaysia (22K tonnes), together resulting at 64% of total export. It was distantly followed by Germany (9.7K tonnes), constituting 5% share of total resistor exports. The UK (6K tonnes), Japan (5.8K tonnes), the Netherlands (4.2K tonnes), France (4.2K tonnes), Thailand (3.9K tonnes), Sweden (3.7K tonnes), and Indonesia (3.3K tonnes) followed a long way behind this figure.
From 2007 to 2016, the most notable growth rate of resistor exports, among the main exporting countries, was attained by Mexico (+28.8% per year), while the other global leaders experienced more modest paces of growth.
In value terms, China ($1.6B), China, Hong Kong SAR ($1.3B) and Germany ($987M) constituted the countries with the highest levels of exports in 2016, together accounting for 43% of global exports.Japan, Malaysia, the Netherlands, France, the UK, Thailand, Mexico, Indonesia and Sweden lagged somewhat behind, together accounting for a further 25%.
The Netherlands (+12.1% per year) had the highest growth rate of resistor exports, in terms of the main exporting countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.
Resistor Export Prices By Country
The average resistor export price stood at $50 per kg in 2016, coming down by -15.8% against the previous year. Overall, resistor export price continues to indicate a measured decrease. The pace of growth appeared the most rapid in 2010, when export increased by 18% year-to-year. Over the period under review, average resistor export price reached its maximum level of $62 per kg in 2011; however, from 2012 to 2016, it failed to regain its strength.
There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Japan ($133 per kg), while Mexico ($5,128 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of resistor export prices was attained by the Netherlands (+5.3% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global resistor market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- resistor market share
- resistor prices
- resistor industry
- resistor sales
- resistor import
- resistor export
- resistor market forecast
- resistor price forecast
- key resistor producers
All data provided in this article covers the following product: HS Code 8533 - Electrical resistors (including rheostats and potentiometers), excluding heating resistors.
