Asia: Mounted Piezo-Electric Crystals Market 2024

Mounted Piezo-Electric Crystals Market Size in Asia

The Asian mounted piezo-electric crystals market skyrocketed to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, saw a resilient expansion. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Mounted Piezo-Electric Crystals Production in Asia

In value terms, mounted piezo-electric crystals production rose to $X in 2022 estimated in export price. The total production 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Mounted Piezo-Electric Crystals Exports

Exports in Asia

In 2022, shipments abroad of mounted piezo-electric crystals decreased by X% to X units for the first time since 2011, thus ending a ten-year rising trend. Total exports indicated a noticeable increase from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021, and then dropped rapidly in the following year.

In value terms, mounted piezo-electric crystals exports fell notably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The level of export peaked at $X in 2021, and then reduced notably in the following year.

Exports by Country

In 2022, China (X units), Japan (X units) and Hong Kong SAR (X units) was the largest exporter of mounted piezo-electric crystals in Asia, generating X% of total export. Taiwan (Chinese) (X units) took the next position in the ranking, followed by Singapore (X units). All these countries together held approx. X% share of total exports. Malaysia (X units) and Thailand (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Hong Kong SAR ($X) and Japan ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Hong Kong SAR, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the export price, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while Japan ($X per unit) was amongst the lowest.

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

Mounted Piezo-Electric Crystals Imports

Imports in Asia

In 2022, after ten years of growth, there was significant decline in purchases abroad of mounted piezo-electric crystals, when their volume decreased by X% to X units. Over the period under review, imports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2021, and then dropped significantly in the following year.

In value terms, mounted piezo-electric crystals imports dropped remarkably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined notably in the following year.

Imports by Country

In 2022, China (X units) was the major importer of mounted piezo-electric crystals, mixing up X% of total imports. It was distantly followed by Hong Kong SAR (X units) and Taiwan (Chinese) (X units), together achieving a X% share of total imports. Japan (X units), Singapore (X units), Malaysia (X units) and India (X units) followed a long way behind the leaders.

Imports into China increased at an average annual rate of X% from 2012 to 2022. At the same time, Taiwan (Chinese) (X%), India (X%), Hong Kong SAR (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) and Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Taiwan (Chinese) increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported mounted piezo-electric crystals in Asia, comprising X% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with an X% share.

In China, mounted piezo-electric crystals imports expanded 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: Hong Kong SAR (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 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 Malaysia ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :