Global Keyboards Market 2023

Keyboards Market Size

The global keyboards market fell to $X in 2021, leveling off at the previous year. The market value increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the global market remained at a somewhat lower figure.

Keyboards Production

In value terms, keyboards production reached $X in 2021 estimated in export price. In general, production continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 5.1% against the previous year. Over the period under review, global production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Keyboards Exports

Exports

In 2021, approx. X units of keyboards were exported worldwide; picking up by 14% compared with the year before. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 136% against the previous year. Over the period under review, the global exports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, keyboards exports soared to $X in 2021. The total export value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 35%. Over the period under review, the global exports attained the peak figure in 2021 and are likely to continue growth in years to come.

Exports by Country

China dominates exports structure, accounting for X units, which was near 68% of total exports in 2021. The Netherlands (X units) held an 8.9% share (based on physical terms) of total exports, which put it in second place, followed by Hong Kong SAR (7.3%). The following exporters - Singapore (X units), the United States (X units), Vietnam (X units) and Germany (X units) - each reached an 8% share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of keyboards. At the same time, the Netherlands (+21.3%), Vietnam (+11.8%) and Singapore (+10.1%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +21.3% from 2012-2021. Germany experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-1.8%) and the United States (-2.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands increased by +7.2 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest keyboards supplier worldwide, comprising 44% of global exports. The second position in the ranking was taken by the Netherlands ($X), with an 11% share of global exports. It was followed by Hong Kong SAR, with a 6.5% share.

In China, keyboards exports expanded at an average annual rate of +4.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Netherlands (+16.8% per year) and Hong Kong SAR (+3.5% per year).

Export Prices by Country

In 2021, the average keyboards export price amounted to $X per unit, growing by 3.3% against the previous year. In general, the export price showed a moderate increase. The growth pace was the most rapid in 2016 when the average export price increased by 147%. The global export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+7.4%), while the other global leaders experienced more modest paces of growth.

Keyboards Imports

Imports

In 2021, purchases abroad of keyboards increased by 8.9% to X units, rising for the fourth year in a row after three years of decline. Overall, total imports indicated mild growth from 2012 to 2021: its volume increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +61.9% against 2017 indices. The growth pace was the most rapid in 2020 with an increase of 22%. Global imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, keyboards imports expanded sharply to $X in 2021. The total import value increased at an average annual rate of +4.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. Over the period under review, global imports attained the maximum in 2021 and are likely to see steady growth in years to come.

Imports by Country

The countries with the highest levels of keyboards imports in 2021 were the United States (X units), the Netherlands (X units) and Hong Kong SAR (X units), together reaching 40% of total import. It was distantly followed by China (X units) and Germany (X units), together mixing up a 10% share of total imports. Mexico (X units), Brazil (X units), South Korea (X units), Singapore (X units), the UK (X units), Malaysia (X units), the Czech Republic (X units) and Poland (X units) held a little share of total imports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +23.5%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported keyboards worldwide, comprising 20% of global imports. The second position in the ranking was taken by the Netherlands ($X), with an 8% share of global imports. It was followed by Germany, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled +4.0%. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+13.2% per year) and Germany (+7.5% per year).

Import Prices by Country

The average keyboards import price stood at $X per unit in 2021, surging by 5.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 29% against the previous year. Global import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+21.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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