Malta: Smart Card Market 2020

Smart Card Market Size in Malta

The revenue of the smart card market in Malta amounted to $X in 2018, going up by X% against the previous year. Overall, smart card consumption continues to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Malta smart card consumption peaked at $X in 2016; however, from 2017 to 2018, consumption failed to regain its momentum.

Smart Card Production in Malta

In value terms, smart card production totaled $X in 2018 estimated in export prices. Over the period under review, smart card production continues to indicate remarkable growth. The growth pace was the most rapid in 2008 when production volume increased by X% y-o-y. Over the period under review, smart card production attained its maximum level in 2018 and is expected to retain its growth in the near future.

Smart Card Exports

Exports from Malta

In 2018, approx. X units of cards incorporating an electronic integrated circuit (smart card) were exported from Malta; surging by X% against the previous year. In general, smart card exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2009 when exports increased by X% y-o-y. Over the period under review, smart card exports reached their peak figure at X units in 2011; however, from 2012 to 2018, exports remained at a lower figure.

In value terms, smart card exports amounted to $X in 2018. Overall, smart card exports continue to indicate extraordinary growth. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. Over the period under review, smart card exports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

In 2018, Vietnam (X units) was the largest exporter of cards incorporating an electronic integrated circuit (smart card), comprising X% of total exports. It was distantly followed by China (X units), constituting a X% share of total exports. The following exporters - Malaysia (X units) and Mexico (X units) - each accounted for a X% share of total exports.

Vietnam was also the fastest-growing in terms of the cards incorporating an electronic integrated circuit (smart card) exports, with a CAGR of +X% from 2007 to 2018. At the same time, Mexico (+X%), Malaysia (+X%) and China (+X%) displayed positive paces of growth. While the share of Vietnam (+X p.p.), China (+X p.p.), Malaysia (+X p.p.) and Mexico (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest smart card supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global exports. It was followed by Malaysia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

In 2018, the smart card export price in Malta amounted to $X per unit, picking up by X% against the previous year. Overall, the smart card export price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. In that year, the export prices for cards incorporating an electronic integrated circuit (smart card) attained their peak level of $X per unit. From 2009 to 2018, the growth in terms of the export prices for cards incorporating an electronic integrated circuit (smart card) remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Mexico ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced a decline in the export price figures.

Smart Card Imports

Imports into Malta

In 2018, approx. X units of cards incorporating an electronic integrated circuit (smart card) were imported into Malta; approximately mirroring the previous year. Overall, smart card imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Malta imports peaked at X units in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

In value terms, smart card imports stood at $X in 2018. Overall, smart card imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Malta imports peaked at $X in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X units) and China (X units) were the largest importers of cards incorporating an electronic integrated circuit (smart card)around the world, together amounting to near X% of total imports. It was distantly followed by India (X units), Germany (X units) and Vietnam (X units), together constituting an X% share of total imports. The Netherlands (X units), the UK (X units), France (X units), South Africa (X units), Indonesia (X units), China, Hong Kong SAR (X units) and Russia (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), China ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2018, together accounting for X% of total imports. China, Hong Kong SAR, France, the UK, India, Indonesia, the Netherlands, South Africa, Russia, Vietnam and Malta lagged somewhat behind, together comprising a further X experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the smart card import price in Malta amounted to $X per unit, shrinking by -X% against the previous year. In general, the smart card import price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. In that year, the import prices for cards incorporating an electronic integrated circuit (smart card) reached their peak level of $X per unit, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was China, Hong Kong SAR ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform