China - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMagnetic Card Price in China - 2023
Contents:
- Magnetic Card Price in China (FOB) - 2022
- Magnetic Card Price in China (CIF) - 2022
- Magnetic Card Exports in China
- Magnetic Card Imports in China
Magnetic Card Price in China (FOB) - 2022
In 2022, the average magnetic card export price amounted to $0.1 per unit, declining by -6.3% against the previous year. Overall, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 77% against the previous year. Over the period under review, the average export prices reached the peak figure at $0.1 per unit in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($0.7 per unit), while the average price for exports to Israel (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.
Magnetic Card Price in China (CIF) - 2022
The average magnetic card import price stood at $0.7 per unit in 2022, which is down by -39.2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 205% against the previous year. As a result, import price attained the peak level of $1.7 per unit. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($2.4 per unit), while the price for Hong Kong SAR ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Magnetic Card Exports in China
In 2022, overseas shipments of cards incorporating a magnetic stripe decreased by -10.5% to 195M units, falling for the second year in a row after two years of growth. In general, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 23% against the previous year. As a result, the exports reached the peak of 294M units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, magnetic card exports shrank sharply to $27M in 2022. Over the period under review, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 116% against the previous year. As a result, the exports attained the peak of $36M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Magnetic Card in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,650 | 1,056 | 4,362 | 5,407 | 26.8% |
| Singapore | 52.1 | 572 | 637 | 3,640 | 311.9% |
| Malaysia | 109 | 839 | 4,869 | 2,167 | 170.9% |
| South Africa | 1,591 | 1,593 | 1,327 | 2,028 | 8.4% |
| Australia | 2,141 | 1,446 | 1,346 | 1,444 | -12.3% |
| Nigeria | 32.7 | N/A | 607 | 1,079 | 220.7% |
| Russia | 22.3 | 2,750 | 1,604 | 809 | 231.0% |
| Brazil | 17.6 | 76.3 | 121 | 641 | 231.5% |
| New Zealand | 671 | 370 | 414 | 532 | -7.4% |
| Spain | 53.6 | 112 | 78.3 | 526 | 114.1% |
| Saudi Arabia | 96.6 | 180 | 109 | 444 | 66.3% |
| Argentina | 64.6 | 37.6 | 31.0 | 273 | 61.7% |
| Israel | 218 | 49.4 | 112 | 110 | -20.4% |
| Others | 8,856 | 26,777 | 16,667 | 7,984 | -3.4% |
| Total | 16,576 | 35,857 | 32,284 | 27,085 | 17.8% |
Top Export Markets for Magnetic Card from China in 2022:
- United States (37.7M units)
- South Africa (26.6M units)
- Malaysia (17.8M units)
- Australia (14.6M units)
- Russia (9.3M units)
- Spain (6.5M units)
- Nigeria (6.4M units)
- New Zealand (6.0M units)
- Brazil (5.9M units)
- Singapore (5.0M units)
- Saudi Arabia (4.9M units)
- Israel (4.9M units)
- Argentina (4.6M units)
Magnetic Card Imports in China
In 2022, supplies from abroad of cards incorporating a magnetic stripe decreased by -73.1% to 3.7M units, falling for the second year in a row after two years of growth. In general, imports saw a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 230% against the previous year. As a result, imports attained the peak of 24M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, magnetic card imports dropped markedly to $2.7M in 2022. Overall, imports showed a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 487%. As a result, imports attained the peak of $23M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Magnetic Card in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 0.1 | 4.6 | 11.8 | 1.4 | 141.0% |
| Taiwan (Chinese) | 0.8 | 9.4 | 2.5 | 0.6 | -9.1% |
| France | N/A | 0.8 | 0.1 | 0.1 | -64.6% |
| United States | 0.1 | 0.8 | 0.3 | 0.1 | 0.0% |
| Hong Kong SAR | N/A | 0.1 | N/A | 0.1 | 0.0% |
| South Korea | 0.3 | 0.1 | 0.7 | N/A | 52.8% |
| United Arab Emirates | 2.4 | N/A | N/A | N/A | 0% |
| Singapore | N/A | N/A | N/A | N/A | 0% |
| Others | 0.3 | 7.3 | 0.8 | 0.3 | 0.0% |
| Total | 3.9 | 23.2 | 16.2 | 2.7 | -11.5% |
Top Suppliers of Magnetic Card to China in 2022:
- Taiwan (Chinese) (1831.3K units)
- Japan (579.0K units)
- Hong Kong SAR (429.9K units)
- United States (395.7K units)
- France (148.5K units)
- Singapore (92.4K units)
- United Arab Emirates (49.7K units)
- South Korea (27.0K units)
This report provides an in-depth analysis of the magnetic card 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 26801400 - Cards incorporating a magnetic stripe
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
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