Asia-Pacific: Built-In Jacking System Market 2024

Built-In Jacking System Market Size in Asia-Pacific

The Asia-Pacific built-in jacking system market rose to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Built-In Jacking System Production in Asia-Pacific

In value terms, built-in jacking system production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Built-In Jacking System Exports

Exports in Asia-Pacific

Built-in jacking system exports fell markedly to X units in 2022, with a decrease of X% compared with the year before. Overall, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X units, and then fell rapidly in the following year.

In value terms, built-in jacking system exports declined to $X in 2022. Total exports indicated a strong 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, exports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

China (X units), India (X units) and Singapore (X units) represented roughly X% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X units), generating a X% share of total exports. Japan (X units) took a relatively small share of total exports.

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

In value terms, China ($X), Taiwan (Chinese) ($X) and India ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

India, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the export price in Asia-Pacific amounted to $X per unit, increasing by X% against the previous year. In general, the export price, however, continues to indicate a deep contraction. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Built-In Jacking System Imports

Imports in Asia-Pacific

In 2022, built-in jacking system imports in Asia-Pacific skyrocketed to X units, jumping by X% against 2021 figures. Overall, imports showed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, built-in jacking system imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X units), distantly followed by Japan (X units), India (X units), Australia (X units), Pakistan (X units) and the Philippines (X units) represented the main importers of built-in jacking systems of a type used in garages for raising vehicles, together committing X% of total imports. The following importers - Malaysia (X units), Singapore (X units), Taiwan (Chinese) (X units), South Korea (X units), Vietnam (X units), Maldives (X units) and Myanmar (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Maldives (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Australia ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Taiwan (Chinese), Singapore, Vietnam, South Korea, Malaysia, Pakistan, the Philippines, India, Myanmar and Maldives lagged somewhat behind, together accounting for a further X%.

Maldives, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while Maldives ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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