Asia: Levels Market 2024

Levels Market Size in Asia

In 2022, after four years of decline, there was significant growth in the Asian levels market, when its value increased by X% to $X. In general, consumption, however, showed a perceptible decline. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Levels Production in Asia

In value terms, levels production reduced to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Levels Exports

Exports in Asia

In 2022, after two years of growth, there was significant decline in overseas shipments of levels, when their volume decreased by X% to X units. Over the period under review, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then dropped remarkably in the following year.

In value terms, levels exports declined to $X in 2022. Overall, exports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

China was the main exporter of levels in Asia, with the volume of exports recording X units, which was approx. X% of total exports in 2022. It was distantly followed by Thailand (X units), achieving a X% share of total exports.

China was also the fastest-growing in terms of the levels exports, with a CAGR of X% from 2012 to 2022. Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points.

In value terms, China ($X) remains the largest levels supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports.

In China, levels exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X%. The level of export peaked at $X per unit in 2018; however, from 2019 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 China ($X per unit), while Thailand totaled $X per unit.

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

Levels Imports

Imports in Asia

In 2022, the amount of levels imported in Asia expanded remarkably to X units, growing by X% on the previous year. Overall, imports showed buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the near future.

In value terms, levels imports fell to $X in 2022. Total imports indicated a pronounced 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 2018 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Vietnam was the largest importing country with an import of around X units, which accounted for X% of total imports. The United Arab Emirates (X units) ranks second in terms of the total imports with a X% share, followed by Thailand (X%), Singapore (X%) and India (X%). South Korea (X units), Japan (X units), Kazakhstan (X units), Taiwan (Chinese) (X units), Malaysia (X units), Turkey (X units) and China (X units) took a relatively small share of total imports.

Vietnam was also the fastest-growing in terms of the levels imports, with a CAGR of X% from 2012 to 2022. At the same time, Kazakhstan (X%), the United Arab Emirates (X%), Turkey (X%), South Korea (X%), Taiwan (Chinese) (X%), India (X%), Singapore (X%), Thailand (X%) and Malaysia (X%) displayed positive paces of growth. By contrast, China (X%) and Japan (X%) illustrated a downward trend over the same period. Vietnam (X p.p.), Kazakhstan (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total imports, while Malaysia, Thailand, China and Japan saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), South Korea ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. China, Vietnam, India, Turkey, Thailand, the United Arab Emirates, Taiwan (Chinese), Kazakhstan and Malaysia lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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

In 2022, the import price in Asia amounted to $X per unit, which is down by X% against the previous year. Overall, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 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 ($X per unit), while Vietnam ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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