China: Market for Laptops and Palm-Top Computers 2023

Market Size for Laptops and Palm-Top Computers in China

After four years of growth, the Chinese laptop and tablet computer market decreased by -88.3% to $X in 2021. Overall, consumption showed a abrupt setback. Laptop and tablet computer consumption peaked at $X in 2020, and then fell dramatically in the following year.

Production of Laptops and Palm-Top Computers in China

In value terms, laptop and tablet computer production fell to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by 16% against the previous year. As a result, production reached the peak level of $X, and then reduced in the following year.

Exports of Laptops and Palm-Top Computers

Exports from China

For the third consecutive year, China recorded growth in shipments abroad of laptops and palm-top computers, which increased by 19% to X units in 2021. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 28%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, laptop and tablet computer exports soared to $X in 2021. Overall, total exports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +2.2% 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 increased by +74.7% against 2016 indices. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

The United States (X units) was the main destination for laptop and tablet computer exports from China, with a 31% share of total exports. Moreover, laptop and tablet computer exports to the United States exceeded the volume sent to the second major destination, Hong Kong SAR (X units), twofold. The Netherlands (X units) ranked third in terms of total exports with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+0.2% per year) and the Netherlands (-1.7% per year).

In value terms, the United States ($X) remains the key foreign market for laptops and palm-top computers exports from China, comprising 33% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 9.5% share of total exports. It was followed by the Netherlands, with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-2.8% per year) and the Netherlands (+1.4% per year).

Export Prices by Country

In 2021, the average laptop and tablet computer export price amounted to $X per unit, with an increase of 1.7% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2018 an increase of 18% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Mexico ($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 Australia (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Laptops and Palm-Top Computers

Imports into China

Laptop and tablet computer imports into China skyrocketed to X units in 2021, with an increase of 495% on the previous year. In general, imports enjoyed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, laptop and tablet computer imports soared to $X in 2021. Over the period under review, imports recorded a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates (X units), Vietnam (X units) and Malaysia (X units) were the main suppliers of laptop and tablet computer imports to China, together comprising 99% of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +141.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of laptops and palm-top computers to China, comprising 63% of total imports. The second position in the ranking was held by Vietnam ($X), with a 31% share of total imports. It was followed by Taiwan (Chinese), with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +51.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+139.3% per year) and Taiwan (Chinese) (-10.1% per year).

Import Prices by Country

The average laptop and tablet computer import price stood at $X per unit in 2021, falling by -31.2% against the previous year. Over the period under review, the import price, however, posted a perceptible increase. The pace of growth appeared the most rapid in 2018 an increase of 223%. The import price peaked at $X per unit in 2020, and then reduced dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :