Asia-Pacific: Electric Soldering Iron Market 2025

Electric Soldering Iron Market Size in Asia-Pacific

In 2022, after two years of decline, there was growth in the Asia-Pacific electric soldering iron market, when its value increased by X% to $X. Over the period under review, consumption enjoyed a moderate expansion. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Electric Soldering Iron Production in Asia-Pacific

In value terms, electric soldering iron production expanded modestly to $X in 2022 estimated in export price. The total production indicated a tangible increase 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Electric Soldering Iron Exports

Exports in Asia-Pacific

In 2022, overseas shipments of electric soldering irons and guns decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then dropped in the following year.

In value terms, electric soldering iron exports fell slightly to $X in 2022. Overall, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then reduced in the following year.

Exports by Country

China dominates exports structure, finishing at X units, which was near X% of total exports in 2022. Taiwan (Chinese) (X units) took a little share of total exports.

China was also the fastest-growing in terms of the electric soldering irons and guns exports, with a CAGR of X% from 2012 to 2022. Taiwan (Chinese) (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Taiwan (Chinese) (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest electric soldering iron supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, with an increase of X% against the previous year. Export price indicated a buoyant increase from 2012 to 2022: its price 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, electric soldering iron export price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while China amounted to $X per unit.

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

Electric Soldering Iron Imports

Imports in Asia-Pacific

In 2022, approx. X units of electric soldering irons and guns were imported in Asia-Pacific; declining by X% on the previous year's figure. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, electric soldering iron imports contracted to $X in 2022. In general, imports showed a mild decline. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X units), distantly followed by Hong Kong SAR (X units), Vietnam (X units), Japan (X units), Malaysia (X units), Australia (X units) and Bangladesh (X units) were the largest importers of electric soldering irons and guns, together making up X% of total imports. The following importers - South Korea (X units), Indonesia (X units), the Philippines (X units), Pakistan (X units) and China (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electric soldering iron importing markets in Asia-Pacific were Thailand ($X), China ($X) and Hong Kong SAR ($X), with a combined X% share of total imports. Australia, Vietnam, Indonesia, Japan, Malaysia, Bangladesh, South Korea, the Philippines and Pakistan lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Australia, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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-Pacific stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price, however, saw a mild slump. The pace of growth appeared the most rapid in 2015 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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