China - Static Converters - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingStatic Converter Price in China - 2023
Contents:
- Static Converter Price in China (FOB) - 2022
- Static Converter Price in China (CIF) - 2023
- Static Converter Exports in China
- Static Converter Imports in China
Static Converter Price in China (FOB) - 2022
In 2022, the average static converter export price amounted to $6 per unit, with an increase of 45% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, static converter export price increased by +81.8% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($11 per unit), while the average price for exports to Egypt ($0.9 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 Germany (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Static Converter Price in China (CIF) - 2023
In June 2023, the average static converter import price amounted to $6.0 per unit, surging by 20% against the previous month. Over the last nine-month period, it increased at an average monthly rate of +4.8%. The pace of growth was the most pronounced in November 2022 an increase of 26% against the previous month. The import price peaked in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Hungary ($44.2 per unit), while the price for the Philippines ($2.8 per unit) was amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Static Converter Exports in China
After three years of growth, overseas shipments of static converters decreased by -13.7% to 5.7B units in 2022. The total export volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 6.6B units, and then declined in the following year.
In value terms, static converter exports skyrocketed to $34.3B in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Static Converter in China (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.0 | 3.4 | 4.3 | 4.8 | 17.0% |
| Hong Kong SAR | 3.3 | 3.2 | 3.7 | 2.7 | -6.5% |
| Germany | 0.8 | 1.0 | 1.4 | 2.1 | 37.9% |
| Japan | 0.9 | 1.0 | 1.2 | 1.3 | 13.0% |
| Brazil | 0.4 | 0.5 | 0.9 | 1.2 | 44.2% |
| India | 0.6 | 0.7 | 0.9 | 1.1 | 22.4% |
| Taiwan (Chinese) | 0.5 | 0.7 | 0.9 | 1.0 | 26.0% |
| Vietnam | 0.6 | 1.0 | 0.8 | 1.0 | 18.6% |
| Mexico | 0.5 | 0.5 | 0.7 | 0.9 | 21.6% |
| South Korea | 0.5 | 0.6 | 0.8 | 0.8 | 17.0% |
| Malaysia | 0.3 | 0.4 | 0.6 | 0.7 | 32.6% |
| Indonesia | 0.3 | 0.2 | 0.3 | 0.5 | 18.6% |
| Egypt | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 6.7 | 7.9 | 11.0 | 16.0 | 33.7% |
| Total | 18.4 | 21.1 | 27.5 | 34.3 | 23.1% |
Top Export Markets for Static Converter from China in 2022:
- Hong Kong SAR (1402.7M units)
- United States (421.0M units)
- India (335.3M units)
- Malaysia (295.8M units)
- Vietnam (271.9M units)
- Germany (232.5M units)
- Taiwan (Chinese) (181.8M units)
- Brazil (154.1M units)
- Egypt (151.7M units)
- South Korea (141.0M units)
- Japan (128.1M units)
- Indonesia (120.7M units)
- Mexico (115.5M units)
Static Converter Imports in China
After three years of growth, supplies from abroad of static converters decreased by -11.4% to 1.1B units in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 77% against the previous year. Imports peaked at 1.3B units in 2021, and then shrank in the following year.
In value terms, static converter imports declined to $7.5B in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 44% against the previous year. Over the period under review, imports attained the peak figure at $8.1B in 2021, and then fell in the following year.
| Import of Static Converter in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 794 | 1,364 | 1,807 | 1,602 | 26.4% |
| Germany | 958 | 1,343 | 1,344 | 1,204 | 7.9% |
| Hungary | 440 | 656 | 769 | 756 | 19.8% |
| Thailand | 232 | 324 | 399 | 427 | 22.5% |
| Malaysia | 186 | 238 | 373 | 390 | 28.0% |
| India | 456 | 473 | 282 | 296 | -13.4% |
| Vietnam | 83.5 | 197 | 277 | 255 | 45.1% |
| South Korea | 125 | 151 | 156 | 127 | 0.5% |
| Others | 1,550 | 2,219 | 2,643 | 2,443 | 16.4% |
| Total | 4,824 | 6,965 | 8,050 | 7,500 | 15.8% |
Top Suppliers of Static Converter to China in 2022:
- Japan (382.4M units)
- Thailand (176.3M units)
- India (133.4M units)
- Vietnam (91.9M units)
- South Korea (83.4M units)
- Hungary (71.2M units)
- Germany (48.9M units)
- Malaysia (21.8M units)
This report provides an in-depth analysis of the static converter 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 27115023 -
- Prodcom 27115030 - Rectifiers (excluding of a kind used with telecommunication apparatus, automatic data-processing machines and units thereof)
- Prodcom 27115033 - Accumulator chargers
- Prodcom 27115035 -
- Prodcom 27115040 - Power supply units for telecommunication apparatus, a utomatic data-processing machines and units thereof
- Prodcom 27115053 - Inverters having a power handling capacity . 7,5 kVA
- Prodcom 27115055 - Inverters having a power handling capacity > 7,5 kVA
- Prodcom 27115070 - Static converters (excluding polycrystalline semiconductors, c onverters specially designed for welding, without welding equipment, accumulator chargers, rectifiers, inverters)
- Prodcom 27904130 -
- Prodcom 27904140 -
- Prodcom 27904153 -
- Prodcom 27904155 -
- Prodcom 27904170 -
- Prodcom 27904190 -
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
395
This report provides an in-depth analysis of the static converter market in China.
221
This report provides an in-depth analysis of the market for electrical transformers with non-liquid dielectric, of power handling capacity over 500 kva in China.
228
This report provides an in-depth analysis of the market for electrical transformers with non-liquid dielectric, of power handling capacity from 16 kva to 500 kva in China.
241
This report provides an in-depth analysis of the market for electrical transformers with non-liquid dielectric, of power handling capacity from 1 kva to 16 kva in China.
230
This report provides an in-depth analysis of the market for electrical transformers with liquid dielectric, of power handling capacity under 1 kva in China.
371
This report provides an in-depth analysis of the market for electrical transformers with liquid dielectric, of power handling capacity over 10000 kva in China.
314
This report provides an in-depth analysis of the market for electrical transformers with liquid dielectric, of power handling capacity from 650 kva to 10000 kva in China.
294
This report provides an in-depth analysis of the market for electrical transformers with liquid dielectric, of power handling capacity from 1 kva - 650 kva in China.
451
This report provides an in-depth analysis of the market for ballast for discharge lamp in China.
444
This report provides an in-depth analysis of the inductor market in China.
271
In value terms, static converter exports fell to $3.2B in April 2023.
721
After two years of growth, the global market for electrical transformers with liquid dielectric, of power handling...
874
In 2016, the amount of ballast for discharge lamp imported worldwide stood at X tons, coming up by X% against the previous year level. In general, ballast for discharge lamp imports continue to i...
795
In 2016, the amount of ballast for discharge lamp imported worldwide stood at X tons, coming up by X% against the previous year level. In general, ballast for discharge lamp imports continue to i...
1687
Global exports of ballasts for discharge lamps showed a consistent decline from 2012 to 2015, amounting to X million USD in 2015. Exports fluctuated mildly before that. There was an annual increase of -X% t
1137
Germany was one of the leaders in the global trade of ballasts for discharge lamps or tubes. In 2014, Germany exported X thousand tons of ballasts for discharge lamps or tubes totaling X million USD, X% under the previous year. Its primary trading
170
Discover the top import markets for inductors worldwide. China, Hong Kong SAR, Germany, and the United States are among the leading countries. Explore key statistics and data from the IndexBox Market Intelligence Platform.
561
Explore the top import markets for electrical transformers worldwide based on data from the IndexBox market intelligence platform. Discover the import values and key statistics for countries such as the United States, Germany, China, and more.
2438
The integrated Malaysian electric power technology group Pestech International Berhad is going to cooperate with China's Shandong Electrical Engineering & Equipment Group (SDEE) to enter the Cambodian power infrastructure market.
271
In value terms, static converter exports fell to $3.2B in April 2023.
