Asia: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2025

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in Asia

The Asian geometrical quantities electronic measurer market soared to $X in 2022, rising by 72% against the previous year. Over the period under review, consumption showed a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Electronic Instruments And Machines For Measuring Geometrical Quantities in Asia

In value terms, geometrical quantities electronic measurer production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 27% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports in Asia

In 2022, the amount of electronic instruments and machines for measuring geometrical quantities exported in Asia surged to X units, growing by 26% compared with the previous year. Overall, exports saw buoyant growth. The growth pace was the most rapid in 2020 when exports increased by 84%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, geometrical quantities electronic measurer exports shrank to $X in 2022. Total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.0% 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 +73.2% against 2013 indices. The pace of growth appeared the most rapid in 2021 with an increase of 18%. As a result, the exports reached the peak of $X, and then contracted slightly in the following year.

Exports by Country

China prevails in exports structure, reaching X units, which was approx. 69% of total exports in 2022. Japan (X units) took the second position in the ranking, followed by South Korea (X units). All these countries together held approx. 16% share of total exports. Taiwan (Chinese) (X units), Thailand (X units), Singapore (X units) and Hong Kong SAR (X units) took a minor share of total exports.

China was also the fastest-growing in terms of the electronic instruments and machines for measuring geometrical quantities exports, with a CAGR of +31.7% from 2012 to 2022. At the same time, Thailand (+19.6%), Singapore (+7.9%), South Korea (+2.9%) and Hong Kong SAR (+1.9%) displayed positive paces of growth. By contrast, Taiwan (Chinese) (-2.9%) and Japan (-3.3%) illustrated a downward trend over the same period. China (+55 p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR, Taiwan (Chinese), South Korea and Japan saw its share reduced by -3%, -8.9%, -11.3% and -28.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest geometrical quantities electronic measurer supplier in Asia, comprising 36% of total exports. The second position in the ranking was taken by Japan ($X), with a 16% share of total exports. It was followed by South Korea, with a 9.9% share.

In China, geometrical quantities electronic measurer exports increased at an average annual rate of +9.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (-3.1% per year) and South Korea (+3.8% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, with a decrease of -22.6% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when the export price increased by 15%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.7%), while the other leaders experienced more modest paces of growth.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports in Asia

For the fifth year in a row, Asia recorded growth in overseas purchases of electronic instruments and machines for measuring geometrical quantities, which increased by 14% to X units in 2022. Over the period under review, imports showed a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 26%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, geometrical quantities electronic measurer imports rose notably to $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.6% 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 +93.9% against 2013 indices. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

China (X units) and Singapore (X units) were the main importers of electronic instruments and machines for measuring geometrical quantities in 2022, finishing at near 25% and 21% of total imports, respectively. India (X units) held the next position in the ranking, followed by South Korea (X units), Indonesia (X units), Thailand (X units), Japan (X units) and Vietnam (X units). All these countries together held approx. 37% share 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 Singapore (with a CAGR of +35.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest geometrical quantities electronic measurer importing markets in Asia were China ($X), Singapore ($X) and South Korea ($X), with a combined 66% share of total imports.

Singapore, with a CAGR of +36.4%, saw the highest growth rate of 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 2022, with a decrease of -3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by 10%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood 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 China ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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