Asia: Measuring Rod Market 2020

Measuring Rod Market Size in Asia

The revenue of the measuring rod market in Asia amounted to $X in 2017, coming up by X% against the previous year. The measuring rod consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, when market value increased by X% against the previous year. The level of measuring rod consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Measuring Rod Production in Asia

In 2017, approx. X units of measuring rods and tapes and divided scales were produced in Asia; shrinking by -X% against the previous year. The measuring rod production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. Over the period under review, the measuring rod production attained its peak figure volume of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Measuring Rod Exports in Asia

The exports amounted to X units in 2017, going down by -X% against the previous year. The measuring rod exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, the measuring rod exports attained its maximum volume of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, measuring rod exports totaled $X in 2017. The total exports indicated a remarkable 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. Based on 2017 figures, the measuring rod exports decreased by -X% against 2015 indices. The level of exports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Measuring Rod Exports by Country in Asia

China dominates measuring rod exports structure, accounting for X units, which was near X% of total exports in 2017. The following exporters - Thailand (X units) and South Korea (X units) together made up X% of total exports.

China experienced a relatively flat trend pattern of measuring rods and tapes and divided scales exports. At the same time, South Korea (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. While the share of Thailand (-X%) and South Korea (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest measuring rod supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

In China, measuring rod exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (+X% per year) and South Korea (+X% per year).

Measuring Rod Export Prices by Country in Asia

In 2017, the measuring rod export price in Asia amounted to $X per thousand units, growing by X% against the previous year. The export price indicated a prominent expansion 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 measuring rod export price increased by +X% against 2009 indices. The pace of growth was the most pronounced in 2017, when it surged by X% year-to-year. In that year, the export prices for measuring rods and tapes and divided scales attained their peak level, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was Thailand ($X per thousand units), while China ($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 China (+X% per year), while the other leaders experienced a decline in the export price figures.

Measuring Rod Imports in Asia

The imports amounted to X units in 2017, increasing by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, measuring rod imports stood at $X in 2017. The total imports indicated a significant expansion from 2007 to 2017: its value 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 level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Measuring Rod Imports by Country in Asia

In 2017, Japan (X units), distantly followed by Syrian Arab Republic (X units), Turkey (X units), Taiwan, Chinese (X units), Vietnam (X units) and Thailand (X units) were the key importers of measuring rods and tapes and divided scales, together mixed up X% of total imports. South Korea (X units), Iran (X units), Iraq (X units), China (X units), India (X units) and the United Arab Emirates (X units) held the minor share of total imports.

From 2007 to 2017, average annual rates of growth with regard to measuring rod imports into Japan stood at +X%. At the same time, Syrian Arab Republic (+X%), Iraq (+X%), South Korea (+X%), India (+X%), Vietnam (+X%), Turkey (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. China experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-X%), Taiwan, Chinese (-X%) and Iran (-X%) illustrated a downward trend over the same period. While the share of Iran (X%) and Taiwan, Chinese (X%) increased significantly in terms of the global imports from 2007-2017, the share of India (-X%), Thailand (-X%), Vietnam (-X%), Iraq (-X%), South Korea (-X%), Turkey (-X%), Japan (-X%) and Syrian Arab Republic (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), China ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by South Korea, Turkey, Taiwan, Chinese, the United Arab Emirates, Vietnam, Iran, Iraq, India and Syrian Arab Republic, which together accounted for a further X%.

Iraq (+X% per year) experienced the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Measuring Rod Import Prices by Country in Asia

In 2017, the measuring rod import price in Asia amounted to $X per thousand units, approximately mirroring the previous year. The measuring rod import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2010, when the import prices increased by X% year-to-year. The level of import price peaked of $X per thousand units in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was China ($X per thousand units), while Syrian Arab Republic ($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 Iran (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform