Eastern Asia: Carbon Brush Market 2024

Carbon Brush Market Size in Eastern Asia

In 2022, the East Asian carbon brush market decreased by X% to $X, falling for the third consecutive year after two years of growth. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Carbon Brush Production in Eastern Asia

In value terms, carbon brush production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Carbon Brush Exports

Exports in Eastern Asia

In 2022, the amount of carbon brushes exported in Eastern Asia fell to X tons, waning by X% on the previous year's figure. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then declined in the following year.

In value terms, carbon brush exports declined to $X in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

In 2022, China (X tons) represented the main exporter of carbon brushes, committing X% of total exports. Japan (X tons) took the second position in the ranking, distantly followed by South Korea (X tons). All these countries together took near X% share of total exports. The following exporters - Taiwan (Chinese) (X tons) and Hong Kong SAR (X tons) - each recorded a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to carbon brush exports from China stood at X%. At the same time, South Korea (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Japan (X%), Taiwan (Chinese) (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and South Korea increased by X and X percentage points, respectively.

In value terms, the largest carbon brush supplying countries in Eastern Asia were China ($X), Japan ($X) and South Korea ($X), with a combined X% share of total exports.

In terms of the main exporting countries, South Korea, 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 mixed trends in the exports figures.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price showed a mild decrease. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while China ($X per ton) was amongst the lowest.

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

Carbon Brush Imports

Imports in Eastern Asia

In 2022, approx. X tons of carbon brushes were imported in Eastern Asia; declining by X% against the previous year's figure. Overall, imports recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, carbon brush imports contracted significantly to $X in 2022. Over the period under review, imports showed a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China was the main importer of carbon brushes in Eastern Asia, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. It was distantly followed by Hong Kong SAR (X tons), South Korea (X tons) and Japan (X tons), together constituting a X% share of total imports. Taiwan (Chinese) (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the carbon brushes imports, with a CAGR of X% from 2012 to 2022. South Korea (X%), Taiwan (Chinese) (X%), Hong Kong SAR (X%) and Japan (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total imports, while Japan and Hong Kong SAR saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported carbon brushes in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

In China, carbon brush imports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Japan (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Hong Kong SAR ($X per ton) and Japan ($X per ton), while South Korea ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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