Asia: Cardan Shaft Market 2020

Cardan Shaft Market Size in Asia

The revenue of the cardan shaft market in Asia amounted to $X in 2017, surging by X% against the previous year. The cardan shaft consumption continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2017, when market value increased by X% year-to-year. In that year, the cardan shaft market attained their peak level, and is likely to continue its growth in the immediate term.

Cardan Shaft Production in Asia

In 2017, the amount of cardan shafts produced in Asia stood at X units, growing by X% against the previous year. The total output indicated a strong expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2009, when it surged by X% against the previous year. The volume of cardan shaft production peaked of X units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Cardan Shaft Exports in Asia

The exports amounted to X units in 2017, waning by -X% against the previous year. The cardan shaft exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. The volume of exports peaked of X units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, cardan shaft exports amounted to $X in 2017. The total exports indicated a prominent increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Cardan Shaft Exports by Country in Asia

In 2017, Thailand (X units) represented the major exporter for cardan shafts, comprising X% of total exports. China (X units) took a X% share (based on tons) of total exports, which put it in second place, followed by China, Hong Kong SAR (X%) and Japan (X%). The following exporters - Taiwan, Chinese (X units) and South Korea (X units) together made up X% of total exports.

Thailand was also the fastest growing in terms of the cardan shafts exports, with a CAGR of +X% from 2007 to 2017. At the same time, South Korea (+X%) displayed positive paces of growth. By contrast, Taiwan, Chinese (-X%), China (-X%), China, Hong Kong SAR (-X%) and Japan (-X%) illustrated a downward trend over the same period. Japan (X%), China, Hong Kong SAR (X%), China (X%) and Taiwan, Chinese (X%) significantly strengthened its position in terms of the global exports, while South Korea and Thailand saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, the largest cardan shaft markets worldwide were Japan ($X), China ($X) and South Korea ($X), together comprising X% of total exports.

South Korea (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Cardan Shaft Export Prices by Country in Asia

The cardan shaft export price in Asia stood at $X per thousand units in 2017, picking up by X% against the previous year. The export price indicated a strong increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cardan shaft export price increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. Over the period under review, the export prices for cardan shafts attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was South Korea ($X per unit), while China, Hong Kong SAR ($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 Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

Cardan Shaft Imports in Asia

In 2017, imports of cardan shafts in Asia amounted to X units, increasing by X% against the previous year. The total imports indicated a moderate increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cardan shaft imports increased by +X% against 2009 indices. The growth pace was the most rapid in 2014, when imports increased by X% y-o-y. Over the period under review, the cardan shaft imports attained its peak figure volume in 2017, and are likely to see steady growth in the near future.

In value terms, cardan shaft imports stood at $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the cardan shaft imports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Cardan Shaft Imports by Country in Asia

Japan represented the largest importing country with an import of around X units, which accounted for X% of total imports. Thailand (X units) took the second position in the ranking, followed by China (X units), Vietnam (X units), Indonesia (X units), Turkey (X units) and South Korea (X units). All these countries together held near X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to cardan shaft imports into Japan stood at +X%. At the same time, Vietnam (+X%), Indonesia (+X%), South Korea (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. By contrast, China (-X%) and Thailand (-X%) illustrated a downward trend over the same period. Thailand (X%) and China (X%) significantly strengthened its position in terms of the global imports, while Turkey, South Korea, Indonesia, Vietnam and Japan saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively.

In value terms, the largest cardan shaft markets worldwide were China ($X), Japan ($X) and Thailand ($X), with a combined X% share of total imports. South Korea, Turkey, Indonesia and Vietnam lagged somewhat behind, together accounting for a further X%.

Turkey (+X% per year) experienced the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Cardan Shaft Import Prices by Country in Asia

In 2017, the cardan shaft import price in Asia amounted to $X per unit, dropping by -X% against the previous year. The cardan shaft import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. Over the period under review, the import prices for cardan shafts reached its maximum level of $X per unit in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China ($X per unit), while Vietnam ($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 Thailand (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform