Asia: Photo-Copying Apparatus Market 2023

Photo-Copying Apparatus Market Size in Asia

In 2022, the Asian photo-copying apparatus market increased by 118% to $X, rising for the fourth consecutive year after two years of decline. Over the period under review, consumption recorded noticeable growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Photo-Copying Apparatus Production in Asia

In value terms, photo-copying apparatus production stood at $X in 2022 estimated in export price. Overall, production posted significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 35,633% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Photo-Copying Apparatus Exports

Exports in Asia

After five years of growth, overseas shipments of photo-copying apparatus decreased by -23.5% to X units in 2022. Total exports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 31%. The volume of export peaked at X units in 2021, and then shrank rapidly in the following year.

In value terms, photo-copying apparatus exports shrank to $X in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 31%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

China was the largest exporter of photo-copying apparatus in Asia, with the volume of exports resulting at X units, which was approx. 52% of total exports in 2022. It was distantly followed by the Philippines (X units), Thailand (X units) and Singapore (X units), together creating a 37% share of total exports. Malaysia (X units), Vietnam (X units) and South Korea (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to photo-copying apparatus exports from China stood at +15.3%. At the same time, Thailand (+36.5%) and the Philippines (+25.2%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia, with a CAGR of +36.5% from 2012-2022. Vietnam experienced a relatively flat trend pattern. By contrast, South Korea (-1.7%), Malaysia (-8.2%) and Singapore (-12.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, the Philippines and Thailand increased by +35, +15 and +11 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest photo-copying apparatus supplying countries in Asia were China ($X), Thailand ($X) and the Philippines ($X), together comprising 69% of total exports.

Thailand, with a CAGR of +26.7%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, increasing by 22% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per unit in 2017; however, from 2018 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 South Korea ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+2.8%), while the other leaders experienced mixed trends in the export price figures.

Photo-Copying Apparatus Imports

Imports in Asia

In 2022, overseas purchases of photo-copying apparatus increased by 362% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports enjoyed a noticeable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, photo-copying apparatus imports totaled $X in 2022. In general, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The Philippines dominates imports structure, recording X units, which was approx. 76% of total imports in 2022. Singapore (X units), South Korea (X units), India (X units) and the United Arab Emirates (X units) took a little share of total imports.

The Philippines was also the fastest-growing in terms of the photo-copying apparatus imports, with a CAGR of +224.2% from 2012 to 2022. At the same time, South Korea (+21.2%), India (+15.2%) and the United Arab Emirates (+14.2%) displayed positive paces of growth. By contrast, Singapore (-22.8%) illustrated a downward trend over the same period. While the share of the Philippines (+76 p.p.), South Korea (+3.2 p.p.), India (+2.4 p.p.) and the United Arab Emirates (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Singapore (-75.3 p.p.) displayed negative dynamics.

In value terms, India ($X), the United Arab Emirates ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2022, together comprising 40% of total imports.

The United Arab Emirates, with a CAGR of +8.4%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, declining by -78.2% against the previous year. Overall, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2013 when the import price increased by 31%. Over the period under review, import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+6.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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