Eastern Asia: Inductor Market 2024

Inductor Market Size in Eastern Asia

In 2022, after three years of growth, there was decline in the East Asian inductor market, when its value decreased by X% to $X. Over the period under review, consumption recorded resilient growth. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Inductor Production in Eastern Asia

In value terms, inductor production declined modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a significant expansion. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Inductor Exports

Exports in Eastern Asia

In 2022, after five years of growth, there was significant decline in shipments abroad of inductors, when their volume decreased by X% to X units. Total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then contracted sharply in the following year.

In value terms, inductor exports fell modestly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then declined modestly in the following year.

Exports by Country

China (X units) and Hong Kong SAR (X units) dominates exports structure, together achieving X% of total exports. South Korea (X units) followed a long way behind the leaders.

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

In value terms, the largest inductor supplying countries in Eastern Asia were China ($X), Hong Kong SAR ($X) and South Korea ($X), with a combined X% share of total exports.

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

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per thousand units, increasing by X% against the previous year. In general, the export price, however, continues to indicate a mild shrinkage. Over the period under review, the export prices attained the peak figure at $X per thousand units in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced a decline in the export price figures.

Inductor Imports

Imports in Eastern Asia

In 2022, after three years of growth, there was significant decline in overseas purchases of inductors, when their volume decreased by X% to X units. In general, imports, however, showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then shrank sharply in the following year.

In value terms, inductor imports shrank to $X in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

Hong Kong SAR represented the main importing country with an import of around X units, which reached X% of total imports. It was distantly followed by China (X units), mixing up a X% share of total imports.

Hong Kong SAR was also the fastest-growing in terms of the inductors imports, with a CAGR of X% from 2012 to 2022. China (X%) illustrated a downward trend over the same period. Hong Kong SAR (X p.p.) significantly strengthened its position in terms of the total imports, while China saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest inductor importing markets in Eastern Asia were China ($X) and Hong Kong SAR ($X).

Among the main importing countries, China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in Eastern Asia stood at $X per thousand units in 2022, with an increase of X% against the previous year. Overall, the import price, however, showed a slight contraction. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per thousand units in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per thousand units), while Hong Kong SAR stood at $X per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Source: IndexBox Platform

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