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

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

The Asia-Pacific geometrical quantities electronic measurer market surged to $X in 2022, increasing by 76% against the previous year. Overall, consumption recorded a remarkable increase. As a result, consumption reached 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-Pacific

In value terms, geometrical quantities electronic measurer production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +5.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 27% against the previous year. Over the period under review, production hit record highs 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-Pacific

For the fourth consecutive year, Asia-Pacific recorded growth in shipments abroad of electronic instruments and machines for measuring geometrical quantities, which increased by 27% to X units in 2022. Overall, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 87%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, geometrical quantities electronic measurer exports reduced to $X in 2022. Total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.7% 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 +72.2% against 2013 indices. The growth pace was the most rapid in 2014 with an increase of 18% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted in the following year.

Exports by Country

China dominates exports structure, finishing at X units, which was near 70% 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 took near 17% share of total exports. Taiwan (Chinese) (X units), Thailand (X units), Singapore (X units) and Hong Kong SAR (X units) followed a long way behind the leaders.

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 (+56 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%, -9.2%, -11.6% and -29% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest geometrical quantities electronic measurer supplier in Asia-Pacific, comprising 38% of total exports. The second position in the ranking was taken by Japan ($X), with a 17% share of total exports. It was followed by South Korea, with a 10% share.

In China, geometrical quantities electronic measurer exports expanded at an average annual rate of +9.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (-3.1% per year) and South Korea (+3.8% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, declining by -22.7% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 an increase of 14%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 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-Pacific

For the fifth consecutive year, Asia-Pacific recorded growth in supplies from abroad of electronic instruments and machines for measuring geometrical quantities, which increased by 13% to X units in 2022. In general, imports saw resilient growth. The pace of growth was the most pronounced in 2020 when imports increased by 27% against the previous year. Over the period under review, imports reached the maximum 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 resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.8% 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 +98.0% 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 peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

China (X units) and Singapore (X units) represented roughly 49% of total imports in 2022. It was distantly followed by India (X units), South Korea (X units), Indonesia (X units), Thailand (X units), Japan (X units) and Vietnam (X units), together committing a 39% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +35.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Singapore ($X) and South Korea ($X) were the countries with the highest levels of imports in 2022, with a combined 68% share of total imports.

In terms of the main importing countries, Singapore, with a CAGR of +36.4%, recorded the highest rates of growth with regard to 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

In 2022, the import price in Asia-Pacific amounted to $X per unit, shrinking by -2.1% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by 13% against the previous year. Over the period under review, import prices reached the maximum 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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