Latest Report Update: Aug 20, 2021

Eastern Asia - Cards Incorporating An Electronic Integrated Circuit (Smart Card) - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Asia: Smart Card Market Overview 2021

Smart Card Market Size in Eastern Asia

The East Asian smart card market expanded slightly to $X in 2020, growing by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level in 2020 and is likely to continue growth in the immediate term.

Smart Card Production in Eastern Asia

In value terms, smart card production rose rapidly to $X in 2020 estimated in export prices. The total production indicated a moderate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs in 2020 and is likely to see gradual growth in the near future.

Production By Country in Eastern Asia

China (X units) constituted the country with the largest volume of smart card production, comprising approx. X% of total volume. Moreover, smart card production in China exceeded the figures recorded by the second-largest producer, Hong Kong SAR (X units), eightfold.

From 2007 to 2020, the average annual rate of growth in terms of volume in China amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: Hong Kong SAR (+X% per year) and Japan (+X% per year).

Smart Card Exports

Exports in Eastern Asia

In 2020, shipments abroad of cards incorporating an electronic integrated circuit (smart card) increased by X% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure in 2020 and are likely to see gradual growth in the near future.

In value terms, smart card exports fell to $X in 2020. Total exports indicated noticeable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. The level of export peaked at $X in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

Exports by Country

China represented the key exporter of cards incorporating an electronic integrated circuit (smart card) in Eastern Asia, with the volume of exports reaching X units, which was approx. X% of total exports in 2020. It was distantly followed by Hong Kong SAR (X units), constituting a X% share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2020. At the same time, Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of Hong Kong SAR increased by +X% percentage points, while China (-X p.p.) saw their share reduced.

In value terms, China ($X) remains the largest smart card supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total exports.

In China, smart card exports expanded at an average annual rate of +X% over the period from 2007-2020.

Export Prices by Country

In 2020, the smart card export price in Eastern Asia amounted to $X per unit, reducing by -X% against the previous year. In general, the export price recorded a abrupt curtailment. The growth pace was the most rapid in 2017 when the export price increased by X% year-to-year. Over the period under review, export prices reached the peak figure at $X per unit in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was China ($X per unit), while Hong Kong SAR amounted to $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China.

Smart Card Imports

Imports in Eastern Asia

In 2020, purchases abroad of cards incorporating an electronic integrated circuit (smart card) decreased by -X% to X units for the first time since 2008, thus ending a eleven-year rising trend. In general, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2019, and then reduced modestly in the following year.

In value terms, smart card imports contracted to $X in 2020. Total imports indicated notable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. from 2016 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Hong Kong SAR (X units) represented the major importer of cards incorporating an electronic integrated circuit (smart card), generating X% of total imports. It was distantly followed by China (X units) and South Korea (X units), together committing a X% share of total imports. The following importers - Taiwan (Chinese) (X units) and Japan (X units) - each resulted at a X% share of total imports.

Hong Kong SAR was also the fastest-growing in terms of the cards incorporating an electronic integrated circuit (smart card) imports, with a CAGR of +X% from 2007 to 2020. At the same time, China (+X%), Taiwan (Chinese) (+X%) and South Korea (+X%) displayed positive paces of growth. By contrast, Japan (-X%) illustrated a downward trend over the same period. Hong Kong SAR (+X p.p.) and China (+X p.p.) significantly strengthened its position in terms of the total imports, while South Korea and Japan saw its share reduced by -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest smart card importing markets in Eastern Asia were Hong Kong SAR ($X), China ($X) and Japan ($X), with a combined X% share of total imports.

Among the main importing countries, China 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 2020, the smart card import price in Eastern Asia amounted to $X per unit, declining by -X% against the previous year. In general, the import price saw a abrupt descent. The pace of growth was the most pronounced in 2008 when the import price increased by X% year-to-year. As a result, import price attained the peak level of $X per unit. from 2009 to 2020, the growth in terms of the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Japan ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cards incorporating an electronic integrated circuit (smart card) in Eastern Asia?
+
China (6.7B units) constituted the country with the largest volume of smart card consumption, accounting for 78% of total volume. Moreover, smart card consumption in China exceeded the figures recorded by the second-largest consumer, Japan (1.2B units), fivefold. South Korea (353M units) ranked third in terms of total consumption with a 4.1% share.
What are the largest producers of cards incorporating an electronic integrated circuit (smart card) in Eastern Asia?
+
The country with the largest volume of smart card production was China (20B units), accounting for 82% of total volume. Moreover, smart card production in China exceeded the figures recorded by the second-largest producer, Hong Kong SAR (2.4B units), eightfold.
What are the leading suppliers of cards incorporating an electronic integrated circuit (smart card) in Eastern Asia?
+
In value terms, China ($1.1B) remains the largest smart card supplier in Eastern Asia, comprising 64% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($375M), with a 21% share of total exports.
What are the leading importers of cards incorporating an electronic integrated circuit (smart card) in Eastern Asia?
+
In value terms, Hong Kong SAR ($265M), China ($260M) and Japan ($119M) constituted the countries with the highest levels of imports in 2020, with a combined 84% share of total imports.
What is the average export price for cards incorporating an electronic integrated circuit (smart card) in Eastern Asia?
+
The smart card export price in Eastern Asia stood at $0.1 per unit in 2020, reducing by -17.3% against the previous year.
What is the average import price for cards incorporating an electronic integrated circuit (smart card) in Eastern Asia?
+
The smart card import price in Eastern Asia stood at $0.2 per unit in 2020, falling by -10.3% against the previous year.

Product coverage:
• Prodcom 26123000 - Smart cards

This report provides an in-depth analysis of the smart card market in Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Democratic People's Republic of Korea
• Macao SAR
• Taiwan (Chinese)

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• China
• Hong Kong SAR
• Macao SAR
• Japan
• South Korea
• Taiwan (Chinese)
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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