Asia: Voltmeter Market 2020

Voltmeter Market Size in Asia

The revenue of the voltmeter market in Asia amounted to $X in 2017, shrinking by -X% against the previous year. The voltmeter consumption continues to indicate a deep curtailment. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. Over the period under review, the voltmeter market attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Voltmeter Production in Asia

In 2017, approx. X units of voltmeters were produced in Asia; remaining relatively unchanged against the previous year. The voltmeter production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, with an increase of X% year-to-year. The volume of voltmeter production peaked of X units in 2016, leveling off in the following year.

Voltmeter Exports in Asia

In 2017, exports of voltmeters in Asia totaled X units, rising by X% against the previous year. The total exports indicated a remarkable increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the voltmeter exports increased by +X% against 2013 indices. The growth pace was the most rapid in 2014, when it surged by X% against the previous year. Over the period under review, the voltmeter exports attained its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, voltmeter exports totaled $X in 2017. The total exports indicated a notable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the voltmeter exports increased by +X% against 2013 indices. Over the period under review, the voltmeter exports attained its peak figure level in 2017, and are likely to continue its growth in the immediate term.

Voltmeter Exports by Country in Asia

In 2017, China (X units) was the major exporter for voltmeters, constituting X% of total exports. Taiwan, Chinese (X units) ranks second in terms of the global exports with a X% share, followed by China, Hong Kong SAR (X%). The following exporters - Singapore (X units) and India (X units) each amounted to a X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to voltmeter exports from China stood at +X%. At the same time, India (+X%) and China, Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, Singapore (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. Taiwan, Chinese (X%) significantly strengthened its position in terms of the global exports, while China saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest voltmeter supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of global exports. It was followed by China, Hong Kong SAR, with a X% share.

In China, voltmeter exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Taiwan, Chinese (-X% per year) and China, Hong Kong SAR (+X% per year).

Voltmeter Export Prices by Country in Asia

The voltmeter export price in Asia stood at $X per thousand units in 2017, going down by -X% against the previous year. The voltmeter export price continues to indicate a moderate downturn. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the export prices for voltmeters attained its maximum level of $X per thousand units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Singapore ($X per unit), while China ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Voltmeter Imports in Asia

In 2017, approx. X units of voltmeters were imported in Asia; dropping by -X% against the previous year. The voltmeter imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, with an increase of X% year-to-year. Over the period under review, the voltmeter imports attained its maximum volume of X units in 2016, and then declined slightly in the following year.

In value terms, voltmeter imports stood at $X in 2017. The total imports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the voltmeter imports increased by +X% against 2009 indices. The level of imports peaked in 2017, and are likely to continue its growth in the near future.

Voltmeter Import Prices by Country in Asia

In 2017, the voltmeter import price in Asia amounted to $X per unit, growing by X% against the previous year. The voltmeter import price continues to indicate a pronounced growth. The pace of growth was the most pronounced in 2014, when it surged by X% against the previous year. In that year, the import prices for voltmeters attained their peak level of $X per unit. From 2015 to 2017, growth of the import prices for voltmeters failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was India ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform