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Eastern Asia - Clocks - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Asia: Market for Instrument Panel And Wall Clocks 2022

Market Size for Instrument Panel And Wall Clocks in Eastern Asia

In 2020, the East Asian market for instrument panel and wall clocks decreased by -X% to $X, falling for the eighth year in a row after three years of growth. Over the period under review, consumption continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2010 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Production of Instrument Panel And Wall Clocks in Eastern Asia

In value terms, instrument panel and wall clock production dropped to $X in 2020 estimated in export prices. Overall, production, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level at $X in 2008; however, from 2009 to 2020, production stood at a somewhat lower figure.

Production By Country in Eastern Asia

The country with the largest volume of instrument panel and wall clock production was China (X tons), comprising approx. X% of total volume. Moreover, instrument panel and wall clock production in China exceeded the figures recorded by the second-largest producer, Japan (X tons), sevenfold. South Korea (X tons) ranked third in terms of total production with a X% share.

In China, instrument panel and wall clock production increased at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Japan (-X% per year) and South Korea (-X% per year).

Exports of Instrument Panel And Wall Clocks

Exports in Eastern Asia

In 2020, shipments abroad of instrument panel and wall clocks was finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tons in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, instrument panel and wall clock exports declined remarkably to $X in 2020. Overall, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. The level of export peaked at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Hong Kong SAR was the major exporter of instrument panel and wall clocks in Eastern Asia, with the volume of exports resulting at X tons, which was near X% of total exports in 2020. It was distantly followed by China (X tons), creating a X% share of total exports. The following exporters - South Korea (X tons) and Japan (X tons) - together made up X% of total exports.

From 2007 to 2020, average annual rates of growth with regard to instrument panel and wall clock exports from Hong Kong SAR stood at -X%. At the same time, China (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +X% from 2007-2020. By contrast, South Korea (-X%) and Japan (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of China increased by +X% percentage points, while Hong Kong SAR (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hong Kong SAR ($X) remains the largest instrument panel and wall clock supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Hong Kong SAR stood at -X%. The remaining exporting countries recorded the following average annual rates of exports growth: China (-X% per year) and Japan (-X% per year).

Export Prices by Country

The export price for instrument panel and wall clocks in Eastern Asia stood at $X per ton in 2020, reducing by -X% against the previous year. Over the period under review, the export price, however, posted a slight expansion. The pace of growth appeared the most rapid in 2019 when the export price increased by X% year-to-year. Over the period under review, export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Imports of Instrument Panel And Wall Clocks

Imports in Eastern Asia

In 2020, approx. X tons of instrument panel and wall clocks were imported in Eastern Asia; declining by -X% compared with the previous year's figure. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, instrument panel and wall clock imports fell markedly to $X in 2020. Overall, imports recorded a pronounced setback. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Japan (X tons) represented the main importer of instrument panel and wall clocks, mixing up X% of total imports. Hong Kong SAR (X tons) held the second position in the ranking, followed by South Korea (X tons). All these countries together occupied near X% share of total imports.

From 2007 to 2020, average annual rates of growth with regard to instrument panel and wall clock imports into Japan stood at -X%. South Korea (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Japan (+X p.p.) and South Korea (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Hong Kong SAR (-X p.p.) displayed negative dynamics.

In value terms, Japan ($X) constitutes the largest market for imported instrument panel and wall clocks in Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value in Japan totaled -X%. In the other countries, the average annual rates were as follows: Hong Kong SAR (-X% per year) and South Korea (+X% per year).

Import Prices by Country

In 2020, the import price for instrument panel and wall clocks in Eastern Asia amounted to $X per ton, picking up by X% against the previous year. Import price indicated pronounced growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, instrument panel and wall clock import price increased by +X% against 2010 indices. The most prominent rate of growth was recorded in 2008 when the import price increased by X% y-o-y. Over the period under review, import prices reached the peak figure in 2020 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2020, the country with the highest price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for instrument panel and wall clocks in Eastern Asia?
+
The country with the largest volume of instrument panel and wall clock consumption was Japan, comprising approx. 64% of total volume. Moreover, instrument panel and wall clock consumption in Japan exceeded the figures recorded by the second-largest consumer, South Korea, threefold. The third position in this ranking was occupied by Hong Kong SAR, with an 11% share.
What are the largest producers of instrument panel and wall clocks in Eastern Asia?
+
The country with the largest volume of instrument panel and wall clock production was China, accounting for 79% of total volume. Moreover, instrument panel and wall clock production in China exceeded the figures recorded by the second-largest producer, Japan, sevenfold. The third position in this ranking was occupied by South Korea, with a 5.2% share.
What are the leading suppliers of instrument panel and wall clocks in Eastern Asia?
+
In value terms, Hong Kong SAR remains the largest instrument panel and wall clock supplier in Eastern Asia, comprising 76% of total exports. The second position in the ranking was occupied by China, with a 12% share of total exports. It was followed by Japan, with an 8.7% share.
What are the leading importers of instrument panel and wall clocks in Eastern Asia?
+
In value terms, Japan constitutes the largest market for imported instrument panel and wall clocks in Eastern Asia, comprising 59% of total imports. The second position in the ranking was occupied by Hong Kong SAR, with a 20% share of total imports.
What is the average export price for instrument panel and wall clocks in Eastern Asia?
+
In 2020, the export price for instrument panel and wall clocks in Eastern Asia amounted to $38,540 per ton, reducing by -31.8% against the previous year.
What is the average import price for instrument panel and wall clocks in Eastern Asia?
+
In 2020, the import price for instrument panel and wall clocks in Eastern Asia amounted to $16,847 per ton, growing by 3.3% against the previous year.

This report provides an in-depth analysis of the market for instrument panel and wall clock 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.


Product coverage:
• Prodcom 26521300 - Instrument panel clocks and clocks of a similar type for vehicles, aircraft, spacecraft or vessels (including vehicle chronographs)
• Prodcom 26521400 - Clocks with watch movements, alarm clocks and wall clocks, o ther clocks
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

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 2012–2021
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 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
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, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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