Asia-Pacific: Capacitor Market 2024

Capacitor Market Size in Asia-Pacific

The Asia-Pacific capacitor market stood at $X in 2022, surging by X% against the previous year. Over the period under review, consumption enjoyed a remarkable increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Capacitor Production in Asia-Pacific

In value terms, capacitor production rose significantly to $X in 2022 estimated in export price. Overall, production saw a remarkable increase. The most prominent rate of growth was recorded in 2017 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.

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Capacitor Exports

Exports in Asia-Pacific

After two years of growth, shipments abroad of electrical capacitors decreased by X% to X units in 2022. Over the period under review, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The volume of export peaked at X units in 2021, and then declined markedly in the following year.

In value terms, capacitor exports dropped to $X in 2022. Total exports indicated a noticeable 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 2018 indices. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

China represented the largest exporter of electrical capacitors in Asia-Pacific, with the volume of exports amounting to X units, which was near X% of total exports in 2022. Hong Kong SAR (X units) ranks second in terms of the total exports with a X% share, followed by Malaysia (X%), Taiwan (Chinese) (X%), South Korea (X%) and Japan (X%). Singapore (X units) held a relatively small share of total exports.

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

In value terms, Japan ($X), China ($X) and Hong Kong SAR ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Taiwan (Chinese), Singapore, South Korea and Malaysia lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Malaysia, with a CAGR of X%, 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 thousand units in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per thousand units in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 ($X per thousand units), while Malaysia ($X per thousand units) was amongst the lowest.

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

Capacitor Imports

Imports in Asia-Pacific

After two years of growth, overseas purchases of electrical capacitors decreased by X% to X units in 2022. In general, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then declined notably in the following year.

In value terms, capacitor imports contracted remarkably to $X in 2022. Total imports indicated prominent 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. Based on 2022 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then fell dramatically in the following year.

Imports by Country

In 2022, China (X units) represented the major importer of electrical capacitors, making up X% of total imports. It was distantly followed by Hong Kong SAR (X units) and Vietnam (X units), together mixing up a X% share of total imports. Singapore (X units), South Korea (X units), Malaysia (X units), Taiwan (Chinese) (X units) and Thailand (X units) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to capacitor imports into China stood at X%. At the same time, Vietnam (X%), Malaysia (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. South Korea, Hong Kong SAR and Singapore experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Korea (X p.p.), Singapore (X p.p.), Taiwan (Chinese) (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Hong Kong SAR ($X) and Taiwan (Chinese) ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Singapore, South Korea, Vietnam, Malaysia and Thailand lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Vietnam, with a CAGR of X%, saw the highest growth rate of 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 thousand units in 2022, with an increase of X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per thousand units. From 2020 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per thousand units), while China ($X per thousand units) 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 more modest paces of growth.

Source: IndexBox Platform

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