China: Photo-Copying Apparatus Market 2023

Photo-Copying Apparatus Market Size in China

In 2022, the Chinese photo-copying apparatus market increased by 152% to $X for the first time since 2017, thus ending a four-year declining trend. Over the period under review, consumption, however, saw a drastic downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Photo-Copying Apparatus Production in China

In value terms, photo-copying apparatus production amounted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 2.8%. Photo-copying apparatus production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Photo-Copying Apparatus Exports

Exports from China

After four years of growth, shipments abroad of photo-copying apparatus decreased by -17.3% to X units in 2022. Overall, exports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2014 when exports increased by 86% against the previous year. The exports peaked at X units in 2021, and then fell sharply in the following year.

In value terms, photo-copying apparatus exports rose sharply to $X in 2022. In general, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of 37%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

The United States (X units) was the main destination for photo-copying apparatus exports from China, with a 39% share of total exports. Moreover, photo-copying apparatus exports to the United States exceeded the volume sent to the second major destination, Poland (X units), fivefold. Australia (X units) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +16.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+77.6% per year) and Australia (+32.6% per year).

In value terms, the United States ($X) remains the key foreign market for photo-copying apparatus exports from China, comprising 33% of total exports. The second position in the ranking was taken by the Philippines ($X), with a 3.7% share of total exports. It was followed by Poland, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +31.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+47.6% per year) and Poland (+42.1% per year).

Export Prices by Country

The average photo-copying apparatus export price stood at $X per unit in 2022, growing by 33% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2017 an increase of 56% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Australia ($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 the United States (+12.9%), while the prices for the other major destinations experienced mixed trend patterns.

Photo-Copying Apparatus Imports

Imports into China

For the third consecutive year, China recorded growth in overseas purchases of photo-copying apparatus, which increased by 25% to X units in 2022. Overall, imports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 59%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, photo-copying apparatus imports surged to $X in 2022. In general, imports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2018 with an increase of 52% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Philippines (X units) constituted the largest photo-copying apparatus supplier to China, with a 20% share of total imports. Moreover, photo-copying apparatus imports from the Philippines exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. The third position in this ranking was held by South Korea (X units), with a 2.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Philippines totaled +86.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+23.6% per year) and South Korea (+7.0% per year).

In value terms, the largest photo-copying apparatus suppliers to China were the Philippines ($X), Thailand ($X) and Italy ($X), with a combined 34% share of total imports.

In terms of the main suppliers, the Philippines, with a CAGR of +66.6%, recorded the highest growth rate of 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

The average photo-copying apparatus import price stood at $X per unit in 2022, surging by 2.7% against the previous year. In general, the import price, however, continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 172% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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