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Asia-Pacific - Timers - Market Analysis, Forecast, Size, Trends And Insights
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Asia-Pacific: Timer Market Overview 2020

Timer Market Size in Asia-Pacific

In 2019, the Asia-Pacific timer market decreased by -X% to $X, falling for the third year in a row after four years of growth. In general, consumption, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2017 to 2019, the growth of the market failed to regain the momentum.

Timer Production in Asia-Pacific

In value terms, timer production expanded notably to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, production attained the peak level of $X. From 2009 to 2019, production growth remained at a lower figure.

Production By Country in Asia-Pacific

China (X units) remains the largest timer producing country in Asia-Pacific, comprising approx. X% of total volume. Moreover, timer production in China exceeded the figures recorded by the second-largest producer, China, Hong Kong SAR (X units), fivefold. The third position in this ranking was occupied by India (X units), with a X% share.

In China, timer production increased at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: China, Hong Kong SAR (+X% per year) and India (+X% per year).

Timer Exports

Exports in Asia-Pacific

In 2019, overseas shipments of timers increased by X% to X units, rising for the third consecutive year after four years of decline. In general, exports recorded resilient growth. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The volume of export peaked at X units in 2012; however, from 2013 to 2019, exports remained at a lower figure.

In value terms, timer exports shrank modestly to $X in 2019. The total export value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at $X in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

Exports by Country

In 2019, China (X units) was the major exporter of timers, comprising X% of total exports. It was distantly followed by China, Hong Kong SAR (X units), making up a X% share of total exports. Taiwan, Chinese (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2019. At the same time, China, Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, China, Hong Kong SAR emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2007-2019. By contrast, Taiwan, Chinese (-X%) illustrated a downward trend over the same period. China (+X p.p.) and China, Hong Kong SAR (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest timer supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value in China totaled +X%. In the other countries, the average annual rates were as follows: Taiwan, Chinese (+X% per year) and China, Hong Kong SAR (+X% per year).

Export Prices by Country

In 2019, the timer export price in Asia-Pacific amounted to $X per unit, falling by -X% against the previous year. Overall, the export price showed a noticeable reduction. The pace of growth was the most pronounced in 2016 when the export price increased by X% y-o-y. Over the period under review, export prices attained the peak figure at $X per unit in 2009; however, from 2010 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Taiwan, Chinese ($X per unit), while China, Hong Kong SAR ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the other leaders experienced a decline in the export price figures.

Timer Imports

Imports in Asia-Pacific

In 2019, overseas purchases of timers decreased by -X% to X units for the first time since 2015, thus ending a three-year rising trend. In general, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. The volume of import peaked at X units in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, timer imports soared to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan was the largest importer of timers in Asia-Pacific, with the volume of imports accounting for X units, which was near X% of total imports in 2019. The Philippines (X units) occupied the second position in the ranking, followed by China (X units), China, Hong Kong SAR (X units) and Singapore (X units). All these countries together held approx. X% share of total imports. Thailand (X units), Malaysia (X units), Indonesia (X units), Viet Nam (X units) and Australia (X units) occupied a little share of total imports.

Imports into Japan decreased at an average annual rate of -X% from 2007 to 2019. At the same time, the Philippines (+X%), China (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +X% from 2007-2019. Viet Nam experienced a relatively flat trend pattern. By contrast, China, Hong Kong SAR (-X%), Singapore (-X%), Australia (-X%), Thailand (-X%) and Indonesia (-X%) illustrated a downward trend over the same period. The Philippines (+X p.p.) and China (+X p.p.) significantly strengthened its position in terms of the total imports, while Australia, China, Hong Kong SAR, Singapore, Thailand, Indonesia and Japan saw its share reduced by -X%, -X%, -X%, -X%, -X% and -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), Viet Nam ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2019, with a combined X% share of total imports.

Viet Nam saw 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

The timer import price in Asia-Pacific stood at $X per unit in 2019, increasing by X% against the previous year. Over the period under review, the import price posted strong growth. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2009 to 2019, the growth in terms of the import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Viet Nam ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Indonesia, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for timers in Asia-Pacific?
+
China (2.7M units) remains the largest timer consuming country in Asia-Pacific, comprising approx. 48% of total volume. Moreover, timer consumption in China exceeded the figures recorded by the second-largest consumer, India (987K units), threefold. The third position in this ranking was occupied by Japan (563K units), with a 9.8% share.
What are the largest producers of timers in Asia-Pacific?
+
China (6.4M units) remains the largest timer producing country in Asia-Pacific, accounting for 61% of total volume. Moreover, timer production in China exceeded the figures recorded by the second-largest producer, China, Hong Kong SAR (1.2M units), fivefold. India (989K units) ranked third in terms of total production with a 9.4% share.
What are the leading exporters of timers in Asia-Pacific?
+
In value terms, China ($28M) remains the largest timer supplier in Asia-Pacific, comprising 49% of total exports. The second position in the ranking was occupied by Taiwan, Chinese ($7M), with a 12% share of total exports.
What are the leading importers of timers in Asia-Pacific?
+
In value terms, the largest timer importing markets in Asia-Pacific were Japan ($8M), Viet Nam ($6.8M) and Thailand ($3.9M), together accounting for 59% of total imports.
What is the average export price for timers in Asia-Pacific?
+
The timer export price in Asia-Pacific stood at $11 per unit in 2019, reducing by -9.6% against the previous year.
What is the average import price for timers in Asia-Pacific?
+
The timer import price in Asia-Pacific stood at $66 per unit in 2019, increasing by 65% against the previous year.

Product coverage:
• Prodcom 26522810 - Time-registers and time-recorders

This report provides an in-depth analysis of the timer market in Asia-Pacific. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Afghanistan
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China, Hong Kong SAR
• China, Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• Kiribati
• Maldives
• Marshall Islands
• Micronesia (Federated States of)
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Sri Lanka
• Taiwan, Chinese
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia (Federated States of)
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan, Chinese
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Viet Nam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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