Which Country Exports the Most Time Switches in the World?

In 2016, approx. X tonnes of time switches were exported worldwide; descending by -X% against the previous year figure. Overall, time switches exports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2010, when exports increased by X% from the previous year level. In that year, global time switches exports attained its maximum volume of X tonnes. From 2011 to 2016, growth of global time switches exports failed to regain its strength.

In value terms, time switches exports amounted to $X in 2016. Overall, time switches exports continue to indicate a abrupt reduction. Over the period under review, global time switches exports attained its maximum level of $X in 2007; however, from 2008 to 2016, it failed to regain its strength.

Top Time SwitchesExporting Countries in the World

X. Mexico (X million USD)

X. Germany (X million USD)

X. China (X million USD)

X. France (X million USD)

X. Italy (X million USD)

X. China, Hong Kong SAR (X million USD)

X. USA (X million USD)

X. Indonesia (X million USD)

X. Hungary (X million USD)

X. Netherlands (X million USD)

Time SwitchesExports By Country

China (X tonnes) represented the largest exporter of time switches in the world, reaching X tonnes, which was approx. X% of total exports in 2016. Mexico (X tonnes) occupied the second position in the ranking, followed by Italy (X tonnes), Germany (X tonnes), and France (X tonnes). All these countries together took approx. X% share of total exports. The following exporters - the Netherlands (X tonnes), Hungary (X tonnes), Indonesia (X tonnes), China, Hong Kong SAR (X tonnes), and the U.S. (X tonnes) took near X% of total exports, each.

From 2007 to 2016, average annual rates of growth with regard to time switches exports from China stood at -X%. At the same time, the Netherlands (+X%), Indonesia (+X%), and France (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. Mexico experienced a relatively flat trend pattern. By contrast, Italy (-X%), Hungary (-X%), Germany (-X%), the U.S. (-X%), and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China (X%), Germany (X%), Italy (X%), China, Hong Kong SAR (X%), and the U.S. (X%) increased significantly, the share of the Netherlands (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Germany ($X) and China ($X) appeared as the countries with the highest levels of exports in 2016, with a combined X% share of global exports. These countries were followed by France, Italy, China, Hong Kong SAR, the U.S., Indonesia, Hungary and the Netherlands, which together accounted for a further X%.

Hungary (+X% per year) had the highest growth rate of time switches exports, in terms of the main exporting countries, over the last X year period, while the other global leaders experienced more modest paces of growth.

Time SwitchesExport Prices By Country

The average time switches export price stood at $X per kg in 2016, falling by -X% against the previous year. Overall, time switches export price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2015, an increase of X% y-o-y. Global time switches export peaked of $X per kg in 2008; however, from 2009 to 2016, it stood at a somewhat lower level.

Export prices varied noticeably by country of destination. the country with the highest export prices was China, Hong Kong SAR ($X per kg), while the Netherlands ($X per kg) was among the lowest.

From 2007 to 2016, the most notable growth rate of time switches export prices was attained by Hungary (+X% per year), while the other global leaders experienced more modest paces of growth.

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This article was written on the product's HS-code: X.

Source: IndexBox Platform