Asia-Pacific: Tuner Block Market 2024

Tuner Block Market Size in Asia-Pacific

The Asia-Pacific tuner block market stood at $X in 2022, remaining constant against the previous year. Overall, consumption, however, saw a perceptible reduction. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Tuner Block Production in Asia-Pacific

In value terms, tuner block production totaled $X in 2022 estimated in export price. In general, production, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Tuner Block Exports

Exports in Asia-Pacific

In 2022, exports of tuner blocks in Asia-Pacific reduced to X units, dropping by X% compared with the year before. In general, exports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tuner block exports shrank to $X in 2022. Overall, exports recorded a abrupt downturn. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

China was the largest exporting country with an export of about X units, which resulted at X% of total exports. It was distantly followed by Vietnam (X units), making up a X% share of total exports. The following exporters - Indonesia (X units), Hong Kong SAR (X units) and Thailand (X units) - together made up X% of total exports.

Exports from China decreased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. Vietnam (X p.p.) and China (X p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest tuner block supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, growing by X% against the previous year. Overall, the export price, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2015 an increase of X%. The level of export peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced a decline in the export price figures.

Tuner Block Imports

Imports in Asia-Pacific

In 2022, tuner block imports in Asia-Pacific shrank dramatically to X units, which is down by X% on 2021 figures. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The volume of import peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, tuner block imports reduced dramatically to $X in 2022. Overall, imports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The countries with the highest levels of tuner block imports in 2022 were the Philippines (X units), India (X units), South Korea (X units) and Hong Kong SAR (X units), together accounting for X% of total import. Thailand (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Japan (X%) and Singapore (X%).

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

In value terms, the largest tuner block importing markets in Asia-Pacific were Japan ($X), South Korea ($X) and Hong Kong SAR ($X), together comprising X% of total imports. Singapore, India, Thailand and the Philippines lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Singapore, 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

In 2022, the import price in Asia-Pacific amounted to $X per unit, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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