Asia-Pacific: Computing Machinery Market 2024

Computing Machinery Market Size in Asia-Pacific

In 2022, the Asia-Pacific computing machinery market increased by X% to $X for the first time since 2016, thus ending a five-year declining trend. The total consumption indicated buoyant growth 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. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Computing Machinery Production in Asia-Pacific

In value terms, computing machinery production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2016 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Computing Machinery Exports

Exports in Asia-Pacific

In 2022, shipments abroad of computing machinery and parts and accessories thereof decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. In general, exports saw a perceptible contraction. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, computing machinery exports fell to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

China prevails in exports structure, resulting at X units, which was approx. X% of total exports in 2022. Vietnam (X units) ranks second in terms of the total exports with a X% share, followed by Thailand (X%) and Hong Kong SAR (X%). The following exporters - Singapore (X units), Malaysia (X units), Japan (X units), Taiwan (Chinese) (X units), Indonesia (X units), the Philippines (X units) and South Korea (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to computing machinery exports from China stood at X%. At the same time, Taiwan (Chinese) (X%), Thailand (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%), Singapore (X%), Japan (X%), South Korea (X%), Malaysia (X%), Hong Kong SAR (X%) and the Philippines (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Thailand, Vietnam and Taiwan (Chinese) increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest computing machinery supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

In China, computing machinery exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, approximately reflecting the previous year. Export price indicated measured growth from 2012 to 2022: its price 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, computing machinery export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then declined slightly in the following year.

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

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

Computing Machinery Imports

Imports in Asia-Pacific

In 2022, approx. X units of computing machinery and parts and accessories thereof were imported in Asia-Pacific; approximately reflecting the year before. Over the period under review, imports showed a pronounced downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, computing machinery imports reached $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 in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

The countries with the highest levels of computing machinery imports in 2022 were China (X units), Hong Kong SAR (X units) and Japan (X units), together accounting for X% of total import. Indonesia (X units) ranks next in terms of the total imports with a X% share, followed by Singapore (X%), India (X%) and South Korea (X%). The following importers - Taiwan (Chinese) (X units), Australia (X units), Thailand (X units), Malaysia (X units), Vietnam (X units) and the Philippines (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while purchases 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 imports in 2022, with a combined X% share of total imports. Singapore, India, South Korea, Australia, Taiwan (Chinese), Thailand, Indonesia, Malaysia, Vietnam and the Philippines lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, increasing by X% against the previous year. Import price indicated a prominent increase from 2012 to 2022: its price 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, computing machinery import price increased by X% against 2015 indices. The growth pace was the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 China ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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