China: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2024

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in China

In 2022, the Chinese geometrical quantities electronic measurer market increased by X% to $X, rising for the sixth year in a row after four years of decline. In general, consumption, however, continues to indicate measured growth. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Production of Electronic Instruments And Machines For Measuring Geometrical Quantities in China

In value terms, geometrical quantities electronic measurer production reached $X in 2022 estimated in export price. In general, production posted a prominent expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Geometrical quantities electronic measurer production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports from China

In 2022, geometrical quantities electronic measurer exports from China plummeted to X units, dropping by X% against the previous year. Overall, exports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2021, and then declined dramatically in the following year.

In value terms, geometrical quantities electronic measurer exports fell to $X in 2022. Over the period under review, exports, however, saw strong growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Hong Kong SAR (X units) was the main destination for geometrical quantities electronic measurer exports from China, with a X% share of total exports. Moreover, geometrical quantities electronic measurer exports to Hong Kong SAR exceeded the volume sent to the second major destination, South Korea (X units), threefold. The third position in this ranking was held by Japan (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Japan (X% per year).

In value terms, the United States ($X), Hong Kong SAR ($X) and Japan ($X) were the largest markets for geometrical quantities electronic measurer exported from China worldwide, with a combined X% share of total exports. Germany, South Korea, Malaysia, India, the Netherlands, Mexico, Russia, Brazil and Poland lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Malaysia, with a CAGR of X%, 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 2022, the average geometrical quantities electronic measurer export price amounted to $X per unit, picking up by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports into China

In 2022, supplies from abroad of electronic instruments and machines for measuring geometrical quantities decreased by X% to X units, falling for the second consecutive year after three years of growth. In general, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, geometrical quantities electronic measurer imports shrank to $X in 2022. Overall, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of geometrical quantities electronic measurer to China, with a X% share of total imports. Moreover, geometrical quantities electronic measurer imports from Japan exceeded the figures recorded by the second-largest supplier, Malaysia (X units), threefold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, Malaysia ($X), Japan ($X) and Germany ($X) constituted the largest geometrical quantities electronic measurer suppliers to China, together comprising X% of total imports.

In terms of the main suppliers, Malaysia, with a CAGR of X%, saw 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 2022, the average geometrical quantities electronic measurer import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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