Asia-Pacific: Market for Cabinets And Cases For Transmission And Reception Apparatus 2022

Market Size for Cabinets And Cases For Transmission And Reception Apparatus in Asia-Pacific

In 2021, the Asia-Pacific receivers and transmitters case market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Cabinets And Cases For Transmission And Reception Apparatus in Asia-Pacific

In value terms, receivers and transmitters case production surged to $X in 2021 estimated in export price. The total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Cabinets And Cases For Transmission And Reception Apparatus

Exports in Asia-Pacific

In 2021, shipments abroad of cabinets and cases for transmission and reception apparatus increased by 22% to X units, rising for the sixth consecutive year after three years of decline. Total exports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +82.2% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, receivers and transmitters case exports amounted to $X in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +87.8% against 2015 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 17% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

In 2021, China (X units) was the largest exporter of cabinets and cases for transmission and reception apparatus, mixing up 71% of total exports. Vietnam (X units) took an 11% share (based on physical terms) of total exports, which put it in second place, followed by South Korea (6.9%) and Taiwan (Chinese) (5.6%). The following exporters - Japan (X units), Malaysia (X units) and Thailand (X units) - together made up 3.8% of total exports.

From 2012 to 2021, average annual rates of growth with regard to receivers and transmitters case exports from China stood at +6.3%. At the same time, Vietnam (+47.6%) and Taiwan (Chinese) (+11.3%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +47.6% from 2012-2021. By contrast, Malaysia (-3.3%), Japan (-12.2%), South Korea (-13.4%) and Thailand (-19.4%) illustrated a downward trend over the same period. While the share of China (+21 p.p.), Vietnam (+10 p.p.) and Taiwan (Chinese) (+3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Japan (-3.4 p.p.), Thailand (-4.3 p.p.) and South Korea (-23.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest receivers and transmitters case supplying countries in Asia-Pacific were China ($X), Vietnam ($X) and South Korea ($X), with a combined 74% share of total exports.

Among the main exporting countries, Vietnam, with a CAGR of +68.1%, recorded the highest rates of growth with regard to the value of exports, 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-Pacific stood at $X per unit in 2021, shrinking by -9.4% against the previous year. Export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, receivers and transmitters case export price decreased by -20.9% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of 15%. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+18.9%), while the other leaders experienced more modest paces of growth.

Imports of Cabinets And Cases For Transmission And Reception Apparatus

Imports in Asia-Pacific

In 2021, purchases abroad of cabinets and cases for transmission and reception apparatus increased by 41% to X units, rising for the second year in a row after three years of decline. In general, imports recorded a relatively flat trend pattern. The volume of import peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, receivers and transmitters case imports surged to $X in 2021. The total import value increased at an average annual rate of +6.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X units) and Hong Kong SAR (X units) represented roughly 36% of total imports in 2021. Vietnam (X units) ranks next in terms of the total imports with a 6% share, followed by India (11%), Indonesia (8.6%), China (32%), Malaysia (10%), Japan (4.9%), South Korea (8.9%) and Thailand (5.4%). Singapore (X units) followed a long way behind the leaders.

From 2012 to 2021, receivers and transmitters case imports into expanded with a China of +12.9%, while Hong Kong SAR (-14.4%) experienced a abrupt setback unchanged over the same period. At the same time, China (+12.9%), South Korea (+10.3%), Vietnam (+7.7%) and Singapore (+5.0%) displayed positive paces of growth. India and Indonesia experienced a relatively flat trend pattern. By contrast, Malaysia (-4.3%), Japan (-4.5%) and Thailand (-8.4%) illustrated a downward trend over the same period. While the share of China (+21 p.p.), South Korea (+5.1 p.p.) and Vietnam (+2.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Japan (-2.8 p.p.), Malaysia (-5.5 p.p.), Thailand (-6.9 p.p.) and Hong Kong SAR (-12.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported cabinets and cases for transmission and reception apparatus in Asia-Pacific, comprising 42% of total imports. The second position in the ranking was held by Vietnam ($X), with a 9.8% share of total imports. It was followed by South Korea, with a 9.2% share.

In China, receivers and transmitters case imports increased at an average annual rate of +14.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Vietnam (+27.7% per year) and South Korea (+14.3% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2021, reducing by -16.6% against the previous year. Import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 19%. Over the period under review, import prices attained the peak figure at $X per unit in 2020, and then dropped significantly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Hong Kong SAR ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+18.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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