Eastern Asia: Vehicle Sound Signalling Equipment Market 2020

Vehicle Sound Signalling Equipment Market Size in Eastern Asia

The revenue of the vehicle sound signalling equipment market in Eastern Asia amounted to $X in 2017, going up by X% against the previous year. The vehicle sound signalling equipment consumption continues to indicate a deep drop. The most prominent rate of growth was recorded in 2017, with an increase of X% year-to-year. The level of vehicle sound signalling equipment consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Vehicle Sound Signalling Equipment Production in Eastern Asia

In 2017, approx. X units of electrical sound signalling equipment for motorcycles or motor vehicles were produced in Eastern Asia; waning by -X% against the previous year. The total output indicated a temperate increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vehicle sound signalling equipment production decreased by -X% against 2013 indices. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. The volume of vehicle sound signalling equipment production peaked of X units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Vehicle Sound Signalling Equipment Exports in Eastern Asia

In 2017, approx. X units of electrical sound signalling equipment for motorcycles or motor vehicles were exported in Eastern Asia; coming up by X% against the previous year. The vehicle sound signalling equipment exports continue to indicate a prominent growth. The pace of growth appeared the most rapid in 2008, when it surged by X% y-o-y. Over the period under review, the vehicle sound signalling equipment exports attained its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, vehicle sound signalling equipment exports stood at $X in 2017. The vehicle sound signalling equipment exports continue to indicate a prominent expansion. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Vehicle Sound Signalling Equipment Exports by Country in Eastern Asia

China represented the largest exporting country with an export of around X units, which resulted at X% of total exports. South Korea (X units) took a X% share (based on tons) of total exports, which put it in second place, followed by Japan (X%) and Taiwan, Chinese (X%). China, Hong Kong SAR (X units) followed a long way behind the leaders.

China was also the fastest growing in terms of the electrical sound signalling equipment for motorcycles or motor vehicles exports, with a CAGR of +X% from 2007 to 2017. At the same time, South Korea (+X%), Taiwan, Chinese (+X%) and China, Hong Kong SAR (+X%) displayed positive paces of growth. Japan experienced a relatively flat trend pattern. From 2007 to 2017, the share of Taiwan, Chinese, South Korea and China decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest vehicle sound signalling equipment supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+X% per year) and South Korea (+X% per year).

Vehicle Sound Signalling Equipment Export Prices by Country in Eastern Asia

In 2017, the vehicle sound signalling equipment export price in Eastern Asia amounted to $X per unit, jumping by X% against the previous year. The vehicle sound signalling equipment export price continues to indicate a mild shrinkage. The pace of growth was the most pronounced in 2012, when the export prices increased by X% y-o-y. The level of export price peaked of $X per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China, Hong Kong SAR ($X per unit), while China ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Vehicle Sound Signalling Equipment Imports in Eastern Asia

In 2017, approx. X units of electrical sound signalling equipment for motorcycles or motor vehicles were imported in Eastern Asia; waning by -X% against the previous year. The vehicle sound signalling equipment imports continue to indicate a drastic setback. The pace of growth appeared the most rapid in 2016, with an increase of X% y-o-y. Over the period under review, the vehicle sound signalling equipment imports attained its maximum volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, vehicle sound signalling equipment imports totaled $X in 2017. The vehicle sound signalling equipment imports continue to indicate a remarkable growth. The level of imports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Vehicle Sound Signalling Equipment Imports by Country in Eastern Asia

China was the main importer of electrical sound signalling equipment for motorcycles or motor vehicles in Eastern Asia, with the volume of imports finishing at X units, which was approx. X% of total imports in 2017. South Korea (X units) took the second position in the ranking, distantly followed by Japan (X units). All these countries together took approx. X% share of total imports. Taiwan, Chinese (X units) and China, Hong Kong SAR (X units) followed a long way behind the leaders.

China was also the fastest growing in terms of the electrical sound signalling equipment for motorcycles or motor vehicles imports, with a CAGR of +X% from 2007 to 2017. Japan (-X%), Taiwan, Chinese (-X%), China, Hong Kong SAR (-X%) and South Korea (-X%) illustrated a downward trend over the same period. While the share of South Korea (X%), China, Hong Kong SAR (X%) and Japan (X%) increased significantly in terms of the global imports from 2007-2017, the share of China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported electrical sound signalling equipment for motorcycles or motor vehicles in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

In China, vehicle sound signalling equipment imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Japan (+X% per year) and South Korea (+X% per year).

Vehicle Sound Signalling Equipment Import Prices by Country in Eastern Asia

In 2017, the vehicle sound signalling equipment import price in Eastern Asia amounted to $X per unit, surging by X% against the previous year. The vehicle sound signalling equipment import price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2009, when it surged by X% against the previous year. The level of import price peaked in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per unit), while South Korea ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform