Asia-Pacific: Resistor Market 2024

Resistor Market Size in Asia-Pacific

The Asia-Pacific resistor market reached $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption posted a strong increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Resistor Production in Asia-Pacific

In value terms, resistor production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a buoyant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Resistor Exports

Exports in Asia-Pacific

In 2022, approx. X units of electrical resistors (except heating resistors) were exported in Asia-Pacific; growing by X% against 2021 figures. Overall, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, resistor exports expanded significantly to $X in 2022. In general, exports posted a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

China represented the largest exporting country with an export of about X units, which finished at X% of total exports. It was distantly followed by Hong Kong SAR (X units), Taiwan (Chinese) (X units) and Singapore (X units), together constituting a X% share of total exports. Japan (X units), South Korea (X units) and Thailand (X units) held a relatively small share of total exports.

China was also the fastest-growing in terms of the electrical resistors (except heating resistors) exports, with a CAGR of X% from 2012 to 2022. At the same time, Singapore (X%), Taiwan (Chinese) (X%), Thailand (X%), South Korea (X%), Hong Kong SAR (X%) and Japan (X%) displayed positive paces of growth. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Korea (X p.p.), Japan (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest resistor supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per thousand units in 2022, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2019 an increase of X%. The level of export peaked at $X per thousand units in 2021, and then dropped in the following year.

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

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

Resistor Imports

Imports in Asia-Pacific

In 2022, supplies from abroad of electrical resistors (except heating resistors) increased by X% to X units, rising for the third consecutive year after two years of decline. Over the period under review, imports continue to indicate buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, resistor imports surged to $X in 2022. Overall, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) represented the major importer of electrical resistors (except heating resistors), achieving X% of total imports. Hong Kong SAR (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (X%), Singapore (X%) and Malaysia (X%). The following importers - South Korea (X units) and Taiwan (Chinese) (X units) - each recorded a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to resistor imports into China stood at X%. At the same time, Vietnam (X%), Malaysia (X%), Singapore (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, South Korea (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Vietnam (X p.p.), Malaysia (X p.p.) and Singapore (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Korea (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported electrical resistors (except heating resistors) in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total imports. It was followed by Malaysia, with an X% share.

In China, resistor imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and Malaysia (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per thousand units in 2022, with a decrease of X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the import price increased by X%. As a result, import price reached the peak level of $X per thousand units. From 2020 to 2022, the import prices failed to regain momentum.

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 Malaysia ($X per thousand units), while Singapore ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

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