Asia: Market for Laptops and Palm-Top Computers 2024

Market Size for Laptops and Palm-Top Computers in Asia

In 2023, the Asian laptop and tablet computer market increased by X% to $X, rising for the seventh consecutive year after two years of decline. The total consumption indicated a resilient expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2016 indices. The level of consumption peaked in 2023 and is expected to retain growth in the immediate term.

Production of Laptops and Palm-Top Computers in Asia

In value terms, laptop and tablet computer production totaled $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

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Exports of Laptops and Palm-Top Computers

Exports in Asia

In 2023, shipments abroad of laptops and palm-top computers decreased by X% to X units, falling for the second consecutive year after four years of growth. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, laptop and tablet computer exports dropped dramatically to $X in 2023. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by X%. The level of export peaked at $X in 2021; however, from 2022 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), constituting a X% share of total exports. The following exporters - Vietnam (X units) and Taiwan (Chinese) (X units) - each amounted to a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to laptop and tablet computer exports from China stood at X%. At the same time, Taiwan (Chinese) (X%), Vietnam (X%) and Hong Kong SAR (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. While the share of Hong Kong SAR (X p.p.), Vietnam (X p.p.) and Taiwan (Chinese) (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of China (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest laptop and tablet computer supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2023, the average annual growth rate of value in China amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

In 2023, the export price in Asia amounted to $X per unit, reducing by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2022, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Laptops and Palm-Top Computers

Imports in Asia

In 2023, overseas purchases of laptops and palm-top computers decreased by X% to X units, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, laptop and tablet computer imports dropped to $X in 2023. Total imports indicated a mild expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Hong Kong SAR (X units), distantly followed by the United Arab Emirates (X units), Japan (X units), India (X units) and South Korea (X units) were the largest importers of laptops and palm-top computers, together mixing up X% of total imports. The following importers - China (X units), Singapore (X units), Turkey (X units), Malaysia (X units), Thailand (X units), Taiwan (Chinese) (X units), Indonesia (X units) and Vietnam (X units) - together made up X% of total imports.

Hong Kong SAR experienced a relatively flat trend pattern with regard to volume of imports of laptops and palm-top computers. At the same time, China (X%), Taiwan (Chinese) (X%), India (X%), South Korea (X%), the United Arab Emirates (X%), Vietnam (X%), Thailand (X%), Turkey (X%) and Japan (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2023. Malaysia experienced a relatively flat trend pattern. By contrast, Singapore (X%) and Indonesia (X%) illustrated a downward trend over the same period. China (X p.p.), India (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore, Indonesia and Hong Kong SAR saw its share reduced by X%, 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 ($X), India ($X) and Hong Kong SAR ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports. The United Arab Emirates, South Korea, Thailand, Turkey, Taiwan (Chinese), Indonesia, Singapore, China, Vietnam and Malaysia lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per unit in 2023, shrinking by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 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 Vietnam ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform