Eastern Asia: Hand Sieve Market 2024

Hand Sieve Market Size in Eastern Asia

In 2022, the East Asian hand sieve market increased by X% to $X, rising for the fourth consecutive year after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Hand Sieve Production in Eastern Asia

In value terms, hand sieve production stood at $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Hand Sieve Exports

Exports in Eastern Asia

After two years of growth, overseas shipments of hand sieves and hand riddles decreased by X% to X units in 2022. Over the period under review, exports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then fell notably in the following year.

In value terms, hand sieve exports declined sharply to $X in 2022. In general, exports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then reduced dramatically in the following year.

Exports by Country

China (X units) represented roughly X% of total exports in 2022.

China was also the fastest-growing in terms of the hand sieves and hand riddles exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of China increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest hand sieve supplier in Eastern Asia.

In China, hand sieve exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, waning by X% against the previous year. In general, the export price recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Hand Sieve Imports

Imports in Eastern Asia

In 2022, overseas purchases of hand sieves and hand riddles decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a slight reduction. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then fell in the following year.

In value terms, hand sieve imports reduced markedly to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then contracted markedly in the following year.

Imports by Country

Japan represented the major importing country with an import of around X units, which accounted for X% of total imports. South Korea (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Hong Kong SAR (X%). The following importers - China (X units) and Taiwan (Chinese) (X units) - each accounted for a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to hand sieve imports into Japan stood at X%. At the same time, South Korea (X%) and China (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Taiwan (Chinese) (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. Japan (X p.p.), South Korea (X p.p.) and China (X p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported hand sieves and hand riddles in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

In Japan, hand sieve imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price, however, saw modest growth. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while Hong Kong SAR ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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