Asia: Carbon Brush Market 2024

Carbon Brush Market Size in Asia

In 2022, the Asian carbon brush market decreased by X% to $X, falling for the third consecutive year after two years of growth. Overall, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Carbon Brush Production in Asia

In value terms, carbon brush production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Carbon Brush Exports

Exports in Asia

After two years of growth, overseas shipments of carbon brushes decreased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then dropped in the following year.

In value terms, carbon brush exports contracted to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

China was the largest exporter of carbon brushes in Asia, with the volume of exports recording X tons, which was near X% of total exports in 2022. Japan (X tons) ranks second in terms of the total exports with an X% share, followed by Thailand (X%) and South Korea (X%). The following exporters - India (X tons), Taiwan (Chinese) (X tons) and Hong Kong SAR (X tons) - each accounted for a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to carbon brush exports from China stood at X%. At the same time, South Korea (X%) and Thailand (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. By contrast, Japan (X%), India (X%), Taiwan (Chinese) (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Thailand and South Korea increased by X, X and X percentage points, respectively.

In value terms, China ($X), Japan ($X) and Thailand ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. South Korea, Hong Kong SAR, Taiwan (Chinese) and India lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price recorded a mild reduction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced more modest paces of growth.

Carbon Brush Imports

Imports in Asia

In 2022, carbon brush imports in Asia dropped to X tons, waning by X% compared with 2021. In general, imports showed a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, carbon brush imports shrank to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of carbon brush imports in 2022 were Indonesia (X tons), India (X tons) and China (X tons), together recording X% of total import. It was distantly followed by the Philippines (X tons), committing a X% share of total imports. The following importers - Vietnam (X tons), Thailand (X tons), Kazakhstan (X tons), Hong Kong SAR (X tons), South Korea (X tons), Japan (X tons), Iran (X tons), Myanmar (X tons) and Malaysia (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported carbon brushes in Asia, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Indonesia, with an X% share.

In China, carbon brush imports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (X% per year) and Indonesia (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, dropping by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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