China: Disc Pick-Up Cartridge Market 2024

Disc Pick-Up Cartridge Market Size in China

The Chinese disc pick-up cartridge market stood at $X in 2022, picking up by X% against the previous year. Over the period under review, the total consumption indicated prominent growth 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, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Disc Pick-Up Cartridge Production in China

In value terms, disc pick-up cartridge production amounted to $X in 2022 estimated in export price. In general, the total production indicated a prominent 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Disc pick-up cartridge production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Disc Pick-Up Cartridge Exports

Exports from China

For the seventh year in a row, China recorded growth in overseas shipments of pick-up cartridges for discs or mechanically recorded sound films, which increased by X% to X units in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, disc pick-up cartridge exports rose significantly to $X in 2022. Over the period under review, exports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Greece (X units) was the main destination for disc pick-up cartridge exports from China, accounting for a X% share of total exports. Moreover, disc pick-up cartridge exports to Greece exceeded the volume sent to the second major destination, India (X units), twofold. South Korea (X units) ranked third in terms of total exports with a X% share.

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

In value terms, Greece ($X) emerged as the key foreign market for pick-up cartridges for discs or mechanically recorded sound films exports from China, comprising X% of total exports. The second position in the ranking was taken by India ($X), with an X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Greece totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average disc pick-up cartridge export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to South Korea ($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 Spain (X%), while the prices for the other major destinations experienced mixed trend patterns.

Disc Pick-Up Cartridge Imports

Imports into China

In 2022, overseas purchases of pick-up cartridges for discs or mechanically recorded sound films increased by X% to X units, rising for the fourth year in a row after four years of decline. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, disc pick-up cartridge imports expanded modestly to $X in 2022. In general, imports, however, continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest disc pick-up cartridge supplier to China, accounting for a X% share of total imports. Moreover, disc pick-up cartridge imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X units), twofold. Japan (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Japan (X% per year).

In value terms, Japan ($X), Denmark ($X) and Germany ($X) constituted the largest disc pick-up cartridge suppliers to China, together accounting for X% of total imports.

Among the main suppliers, Germany, with a CAGR of X%, 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

In 2022, the average disc pick-up cartridge import price amounted to $X per unit, shrinking by X% against the previous year. In general, the import price showed a significant curtailment. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 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 Denmark ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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