Asia: Photo-Copying Apparatus Market 2023

Photo-Copying Apparatus Market Size in Asia

After four years of growth, the Asian photo-copying apparatus market decreased by -4.8% to $X in 2021. Overall, consumption recorded a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Photo-Copying Apparatus Production in Asia

In value terms, photo-copying apparatus production declined to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 154%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Photo-Copying Apparatus Exports

Exports in Asia

Photo-copying apparatus exports dropped to X units in 2021, reducing by -4.7% against the previous year. Over the period under review, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 302%. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, photo-copying apparatus exports stood at $X in 2021. Total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -13.4% against 2015 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 68%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, China (X units) was the main exporter of photo-copying apparatus, creating 42% of total exports. It was distantly followed by the Philippines (X units), Thailand (X units) and Singapore (X units), together achieving a 47% share of total exports. Vietnam (X units), South Korea (X units) and Malaysia (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Philippines (with a CAGR of +66.6%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), the Philippines ($X) and Thailand ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 73% of total exports.

Thailand, with a CAGR of +28.1%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries 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 stood at $X per unit in 2021, with an increase of 14% against the previous year. Overall, the export price, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2019 when the export price increased by 272%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Malaysia ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+2.9%), while the other leaders experienced a decline in the export price figures.

Photo-Copying Apparatus Imports

Imports in Asia

In 2021, after two years of decline, there was significant growth in purchases abroad of photo-copying apparatus, when their volume increased by 22% to X units. In general, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 54%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, photo-copying apparatus imports rose notably to $X in 2021. Over the period under review, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of 10% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Philippines (X units) and Singapore (X units) were the key importers of photo-copying apparatus in Asia, together creating 45% of total imports. It was distantly followed by Hong Kong SAR (X units), the United Arab Emirates (X units), India (X units) and Thailand (X units), together mixing up a 28% share of total imports. Malaysia (X units), South Korea (X units), Iran (X units), Iraq (X units), Japan (X units) and Vietnam (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in the Philippines (with a CAGR of +164.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Singapore ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 38% of total imports. Japan, Vietnam, South Korea, the Philippines, Malaysia, Iraq, Thailand, Hong Kong SAR and Iran lagged somewhat behind, together accounting for a further 41%.

Among the main importing countries, Iraq, with a CAGR of +28.5%, recorded 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

In 2021, the import price in Asia amounted to $X per unit, dropping by -12% against the previous year. Import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, photo-copying apparatus import price decreased by -38.8% against 2017 indices. The pace of growth was the most pronounced in 2013 an increase of 23% against the previous year. The level of import peaked at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iraq (+5.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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