Asia: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2024

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in Asia

After six years of growth, the Asian geometrical quantities electronic measurer market decreased by X% to $X in 2022. Over the period under review, consumption, however, recorded a remarkable increase. Over the period under review, the market attained the peak level at $X in 2021, and then dropped in the following year.

Production of Electronic Instruments And Machines For Measuring Geometrical Quantities in Asia

In value terms, geometrical quantities electronic measurer production rose modestly to $X in 2022 estimated in export price. In general, production continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports in Asia

In 2022, overseas shipments of electronic instruments and machines for measuring geometrical quantities decreased by X% to X units, falling for the third consecutive year after eight years of growth. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, geometrical quantities electronic measurer exports dropped to $X in 2022. Total exports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

In 2022, China (X units) was the largest exporter of electronic instruments and machines for measuring geometrical quantities, making up X% of total exports. It was distantly followed by Hong Kong SAR (X units), committing a X% share of total exports. The following exporters - Singapore (X units), Japan (X units) and South Korea (X units) - each amounted to a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Hong Kong SAR (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest geometrical quantities electronic measurer supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by South Korea, with an X% share.

In China, geometrical quantities electronic measurer exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and South Korea (X% per year).

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports in Asia

In 2022, overseas purchases of electronic instruments and machines for measuring geometrical quantities decreased by X% to X units, falling for the second consecutive year after three years of growth. In general, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, geometrical quantities electronic measurer imports dropped to $X in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

China was the key importer of electronic instruments and machines for measuring geometrical quantities in Asia, with the volume of imports accounting for X units, which was near X% of total imports in 2022. Hong Kong SAR (X units) ranks second in terms of the total imports with a X% share, followed by Singapore (X%). India (X units), South Korea (X units), Thailand (X units) and Indonesia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to geometrical quantities electronic measurer imports into China stood at X%. At the same time, Singapore (X%), India (X%), Indonesia (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. Hong Kong SAR experienced a relatively flat trend pattern. By contrast, Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Singapore and India increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported electronic instruments and machines for measuring geometrical quantities in Asia, comprising X% of total imports. The second position in the ranking was taken by Singapore ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In China, geometrical quantities electronic measurer imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Singapore (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, jumping by X% against the previous year. In general, the import price, however, continues to indicate a mild slump. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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