United Kingdom: Variable Capacitor Market 2024

Variable Capacitor Market Size in the UK

After two years of decline, the UK variable capacitor market increased by X% to $X in 2022. In general, consumption, however, continues to indicate a perceptible curtailment. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Variable Capacitor Production in the UK

In value terms, variable capacitor production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X%. Variable capacitor production peaked at $X in 2020; afterwards, it flattened through to 2022.

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Variable Capacitor Exports

Exports from the UK

In 2022, approx. X units of variable capacitors were exported from the UK; dropping by X% against the previous year. In general, exports, however, recorded a noticeable expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, variable capacitor exports rose significantly to $X in 2022. Over the period under review, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Poland (X units), China (X units) and Germany (X units) were the main destinations of variable capacitor exports from the UK, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for variable capacitor exported from the UK were the Netherlands ($X), the United States ($X) and France ($X), together comprising X% of total exports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average variable capacitor export price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price saw a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Variable Capacitor Imports

Imports into the UK

For the third consecutive year, the UK recorded growth in supplies from abroad of variable capacitors, which increased by X% to X units in 2022. Over the period under review, imports, however, showed a abrupt setback. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, variable capacitor imports reduced rapidly to $X in 2022. In general, imports recorded a pronounced expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then reduced rapidly in the following year.

Imports by Country

In 2022, Japan (X units) constituted the largest variable capacitor supplier to the UK, with a X% share of total imports. Moreover, variable capacitor imports from Japan exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. The third position in this ranking was taken by China (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Japan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and China (X% per year).

In value terms, the United States ($X) constituted the largest supplier of variable capacitors to the UK, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

Import Prices by Country

The average variable capacitor import price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2021, and then shrank remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while the price for Japan (less than $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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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