Eastern Asia: Multitask Printer Market 2024

Multitask Printer Market Size in Eastern Asia

In 2023, the East Asian multitask printer market increased by X% to $X, rising for the second year in a row after two years of decline. The total consumption indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Multitask Printer Production in Eastern Asia

In value terms, multitask printer production reduced slightly to $X in 2023 estimated in export price. In general, production saw a slight setback. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2023, production growth failed to regain momentum.

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Multitask Printer Exports

Exports in Eastern Asia

In 2023, exports of multitask printers, copymachines and facsimile machines in Eastern Asia declined significantly to X units, reducing by X% on 2022. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, multitask printer exports shrank remarkably to $X in 2023. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

China dominates exports structure, resulting at X units, which was approx. X% of total exports in 2023. It was distantly followed by Hong Kong SAR (X units) and South Korea (X units), together creating an X% share of total exports.

China was also the fastest-growing in terms of the multitask printers, copymachines and facsimile machines exports, with a CAGR of X% from 2012 to 2023. Hong Kong SAR (X%) and South Korea (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

In China, multitask printer exports plunged by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and South Korea (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2023, remaining constant against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while South Korea ($X per unit) was amongst the lowest.

From 2012 to 2023, 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 export price figures.

Multitask Printer Imports

Imports in Eastern Asia

In 2023, approx. X units of multitask printers, copymachines and facsimile machines were imported in Eastern Asia; dropping by X% on the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

In value terms, multitask printer imports dropped to $X in 2023. Overall, imports continue to indicate a mild curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

China represented the key importer of multitask printers, copymachines and facsimile machines in Eastern Asia, with the volume of imports accounting for X units, which was approx. X% of total imports in 2023. Japan (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Hong Kong SAR (X%) and South Korea (X%). Taiwan (Chinese) (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the multitask printers, copymachines and facsimile machines imports, with a CAGR of X% from 2012 to 2023. At the same time, South Korea (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. By contrast, Hong Kong SAR (X%) and Japan (X%) illustrated a downward trend over the same period. China (X p.p.) and South Korea (X p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR and Japan saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), China ($X) and Hong Kong SAR ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

In terms of the main importing countries, China, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in Eastern Asia amounted to $X per unit, reducing by X% against the previous year. Overall, the import price saw a mild slump. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform