China: Market for Cabinets And Cases For Transmission And Reception Apparatus 2023

Market Size for Cabinets And Cases For Transmission And Reception Apparatus in China

The Chinese receivers and transmitters case market reduced sharply to $X in 2021, dropping by -33.7% against the previous year. Over the period under review, consumption recorded a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 2.5%. Receivers and transmitters case consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Cabinets And Cases For Transmission And Reception Apparatus in China

In value terms, receivers and transmitters case production fell to $X in 2021 estimated in export price. Over the period under review, production saw a slight decline. The pace of growth appeared the most rapid in 2020 when the production volume increased by 15%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Cabinets And Cases For Transmission And Reception Apparatus

Exports from China

In 2021, shipments abroad of cabinets and cases for transmission and reception apparatus increased by 6.8% to X units, rising for the fifth year in a row after four years of decline. In general, total exports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +63.9% against 2016 indices. The pace of growth appeared the most rapid in 2020 with an increase of 21%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, receivers and transmitters case exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.4% 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 increased by +76.9% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Vietnam (X units) was the main destination for receivers and transmitters case exports from China, accounting for a 69% share of total exports. Moreover, receivers and transmitters case exports to Vietnam exceeded the volume sent to the second major destination, India (X units), more than tenfold. Poland (X units) ranked third in terms of total exports with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Vietnam amounted to +61.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+11.3% per year) and Poland (+0.1% per year).

In value terms, Hong Kong SAR ($X), India ($X) and Mexico ($X) were the largest markets for receivers and transmitters case exported from China worldwide, together accounting for 34% of total exports. These countries were followed by Vietnam, Poland, the United States, Malaysia, Japan, Slovakia, Thailand, Brazil and Germany, which together accounted for a further 38%.

In terms of the main countries of destination, Vietnam, with a CAGR of +43.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average receivers and transmitters case export price amounted to $X per unit, growing by 21% against the previous year. Over the last nine years, it increased at an average annual rate of +4.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+66.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cabinets And Cases For Transmission And Reception Apparatus

Imports into China

For the fourth consecutive year, China recorded growth in purchases abroad of cabinets and cases for transmission and reception apparatus, which increased by 30% to X units in 2021. In general, imports, however, recorded a perceptible shrinkage. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, receivers and transmitters case imports surged to $X in 2021. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 38% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, South Korea (X units) constituted the largest supplier of receivers and transmitters case to China, with a 90% share of total imports. It was followed by Malaysia (X units), with a 0.2% share of total imports. The Philippines (X units) ranked third in terms of total imports with a 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from South Korea totaled -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-26.6% per year) and the Philippines (-35.9% per year).

In value terms, South Korea ($X) constituted the largest supplier of cabinets and cases for transmission and reception apparatus to China, comprising 29% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 4.9% share of total imports. It was followed by Japan, with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from South Korea amounted to +15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-0.6% per year) and Japan (-7.3% per year).

Import Prices by Country

In 2021, the average receivers and transmitters case import price amounted to $X per unit, growing by 5% against the previous year. Over the period under review, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of 101% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+88.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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