Asia: Barometer Market 2020

Barometer Market Size in Asia

The revenue of the barometer market in Asia amounted to $X in 2017, rising by X% against the previous year. The barometer consumption continues to indicate an abrupt setback. The growth pace was the most rapid in 2017, when it surged by X% against the previous year. Over the period under review, the barometer market reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Barometer Production in Asia

In 2017, the amount of barometers produced in Asia amounted to X units, reducing by -X% against the previous year. The barometer production continues to indicate an abrupt downturn. The growth pace was the most rapid in 2015, with an increase of X% year-to-year. The volume of barometer production peaked of X units in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Barometer Exports in Asia

In 2017, exports of barometers in Asia stood at X units, surging by X% against the previous year. The barometer exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2014, when it surged by X% against the previous year. Over the period under review, the barometer exports attained its peak figure volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, barometer exports stood at $X in 2017. The barometer exports continue to indicate a strong expansion. The level of exports peaked in 2017, and are likely to continue its growth in the immediate term.

Barometer Exports by Country in Asia

China represented the largest exporting country with an export of about X units, which accounted for X% of total exports. It was distantly followed by China, Hong Kong SAR (X units), creating X% share of total exports. Japan (X units), Singapore (X units) and Thailand (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Thailand (+X%), China, Hong Kong SAR (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. Japan experienced a relatively flat trend pattern. Thailand (-X%), China, Hong Kong SAR (-X%) and China (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest barometer supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +X%. In the other countries, the average annual rates were as follows: China, Hong Kong SAR (+X% per year) and Japan (+X% per year).

Barometer Export Prices by Country in Asia

In 2017, the barometer export price in Asia amounted to $X per thousand units, remaining relatively unchanged against the previous year. The barometer export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when it surged by X% year-to-year. Over the period under review, the export prices for barometers reached its maximum level of $X per thousand units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China, Hong Kong SAR ($X per thousand units), while Thailand ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Singapore (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Barometer Imports in Asia

The imports totaled X units in 2017, rising by X% against the previous year. The barometer imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when imports increased by X% y-o-y. In that year, the barometer imports reached their peak volume of X units. From 2012 to 2017, growth of the barometer imports stood at a somewhat lower level.

In value terms, barometer imports amounted to $X in 2017. The barometer imports continue to indicate a strong increase. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Barometer Imports by Country in Asia

The countries with the highest levels of barometer imports in 2017 were Saudi Arabia (X units), China (X units), Turkey (X units), China, Hong Kong SAR (X units) and Japan (X units), together amounting to X% of total import. It was distantly followed by Taiwan, Chinese (X units), constituting X% share of total imports. The following importers - Thailand (X units) and Pakistan (X units) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Pakistan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported barometers in Asia, making up X% of global imports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In China, barometer imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Taiwan, Chinese (+X% per year) and Japan (+X% per year).

Barometer Import Prices by Country in Asia

In 2017, the barometer import price in Asia amounted to $X per unit, going down by -X% against the previous year. The barometer import price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2012, when the import prices increased by X% year-to-year. The level of import price peaked of $X per unit in 2016, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was China ($X per unit), while Saudi Arabia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform