China - Electronic Instruments And Machines For Measuring Geometrical Quantities - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Geometrical Quantities Electronic Measurer in China - 2023
Contents:
- Price for Geometrical Quantities Electronic Measurer in China (CIF) - 2023
- Price for Geometrical Quantities Electronic Measurer in China (FOB) - 2023
- Imports of Geometrical Quantities Electronic Measurer in China
- Exports of Geometrical Quantities Electronic Measurer in China
Price for Geometrical Quantities Electronic Measurer in China (CIF) - 2023
The average geometrical quantities electronic measurer import price stood at $10.7 per unit in June 2023, reducing by -11% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 28% month-to-month. The import price peaked at $12.0 per unit in May 2023, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($55.6 per unit), while the price for the Philippines ($1.2 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Geometrical Quantities Electronic Measurer in China (FOB) - 2023
The average geometrical quantities electronic measurer export price stood at $7.2 per unit in June 2023, growing by 4.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 16% month-to-month. As a result, the export price reached the peak level of $8.1 per unit. From January 2023 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($14.7 per unit), while the average price for exports to South Korea ($2.7 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Geometrical Quantities Electronic Measurer in China
For the fourth consecutive year, China recorded growth in overseas purchases of electronic instruments and machines for measuring geometrical quantities, which increased by 5.1% to 79M units in 2022. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 134% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, geometrical quantities electronic measurer imports dropped to $6.1B in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. As a result, imports reached the peak of $6.6B, and then contracted in the following year.
| Import of Geometrical Quantities Electronic Measurer in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 467 | 536 | 1,228 | 1,187 | 36.5% |
| Japan | 1,078 | 1,130 | 1,333 | 1,118 | 1.2% |
| Germany | 920 | 822 | 904 | 914 | -0.2% |
| United States | 738 | 628 | 611 | 625 | -5.4% |
| South Korea | 438 | 291 | 236 | 226 | -19.8% |
| Singapore | 124 | 92.8 | 100 | 61.0 | -21.1% |
| Hungary | 48.5 | 45.3 | 59.8 | 58.3 | 6.3% |
| Mexico | 27.5 | 20.7 | 33.7 | 28.9 | 1.7% |
| Others | 1,637 | 1,838 | 2,091 | 1,878 | 4.7% |
| Total | 5,477 | 5,405 | 6,597 | 6,097 | 3.6% |
Top Suppliers of Geometrical Quantities Electronic Measurer to China in 2022:
- Malaysia (19.6M units)
- Japan (13.9M units)
- Germany (8.1M units)
- South Korea (4.6M units)
- United States (2.0M units)
- Singapore (1.5M units)
- Mexico (1.5M units)
- Hungary (1.2M units)
Exports of Geometrical Quantities Electronic Measurer in China
In 2022, the amount of electronic instruments and machines for measuring geometrical quantities exported from China soared to 282M units, growing by 40% against 2021 figures. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 351% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, geometrical quantities electronic measurer exports contracted to $3.6B in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $4.2B, and then dropped in the following year.
| Export of Geometrical Quantities Electronic Measurer in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 414 | 409 | 498 | 580 | 11.9% |
| Japan | 165 | 168 | 190 | 223 | 10.6% |
| Germany | 161 | 156 | 216 | 192 | 6.0% |
| South Korea | 129 | 158 | 203 | 165 | 8.6% |
| Malaysia | 38.5 | 52.5 | 83.3 | 161 | 61.1% |
| Vietnam | 135 | 136 | 167 | 152 | 4.0% |
| India | 119 | 115 | 128 | 138 | 5.1% |
| Netherlands | 74.2 | 65.0 | 132 | 122 | 18.0% |
| Thailand | 57.6 | 81.1 | 129 | 118 | 27.0% |
| Mexico | 60.3 | 58.5 | 77.9 | 101 | 18.8% |
| Russia | 45.2 | 49.2 | 64.0 | 78.2 | 20.0% |
| Australia | 26.4 | 31.5 | 37.2 | 51.6 | 25.0% |
| United Arab Emirates | 20.3 | 16.6 | 24.6 | 27.2 | 10.2% |
| Others | 1,346 | 1,564 | 2,257 | 1,510 | 3.9% |
| Total | 2,791 | 3,061 | 4,207 | 3,619 | 9.0% |
Top Export Markets for Geometrical Quantities Electronic Measurer from China in 2022:
- United States (6.0M units)
- United Arab Emirates (4.8M units)
- Malaysia (4.2M units)
- Japan (2.7M units)
- Vietnam (2.4M units)
- Germany (2.2M units)
- South Korea (2.0M units)
- India (1.5M units)
- Netherlands (1.3M units)
- Mexico (1.1M units)
- Australia (1.1M units)
- Thailand (1.1M units)
- Russia (0.9M units)
This report provides an in-depth analysis of the market for geometrical quantities electronic measurer 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 26516650 - Electronic instruments, appliances and machines for measuring or checking geometrical quantities (including comparators, coordinate measuring machines (CMMs))
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
-
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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