Eastern Asia: Computing Machinery Market 2024

Computing Machinery Market Size in Eastern Asia

The East Asian computing machinery market soared to $X in 2022, rising by X% against the previous year. Overall, consumption enjoyed a buoyant increase. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Computing Machinery Production in Eastern Asia

In value terms, computing machinery production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Computing Machinery Exports

Exports in Eastern Asia

In 2022, computing machinery exports in Eastern Asia fell to X units, with a decrease of X% against 2021 figures. Over the period under review, exports saw a pronounced setback. The pace of growth appeared the most rapid in 2017 with an increase of X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, computing machinery exports shrank to $X in 2022. In general, exports, however, recorded 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 dropped in the following year.

Exports by Country

China prevails in exports structure, amounting to X units, which was approx. X% of total exports in 2022. Hong Kong SAR (X units) ranks second in terms of the total exports with a X% share, followed by Japan (X%) and Taiwan (Chinese) (X%). South Korea (X units) followed a long way behind the leaders.

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

In value terms, China ($X) remains the largest computing machinery supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with an X% share.

In China, computing machinery exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2021, and then contracted slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per unit), while Japan ($X per unit) was amongst the lowest.

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

Computing Machinery Imports

Imports in Eastern Asia

Computing machinery imports declined to X units in 2022, shrinking by X% on 2021. Over the period under review, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, computing machinery imports fell to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

In 2022, China (X units), Hong Kong SAR (X units) and Japan (X units) represented the largest importer of computing machinery and parts and accessories thereof in Eastern Asia, mixing up X% of total import. South Korea (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Taiwan (Chinese) (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Taiwan (Chinese) (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest computing machinery importing markets in Eastern Asia were China ($X), Hong Kong SAR ($X) and Japan ($X), with a combined X% share of total imports. South Korea and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Taiwan (Chinese), with a CAGR of X%, recorded 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 2022, the import price in Eastern Asia amounted to $X per unit, increasing by X% against the previous year. Overall, the import price showed a strong increase. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Japan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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