Asia-Pacific: Photo-Copying Apparatus Market 2024

Photo-Copying Apparatus Market Size in Asia-Pacific

The Asia-Pacific photo-copying apparatus market skyrocketed to $X in 2022, picking up by 163% against the previous year. Overall, consumption posted a temperate increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Photo-Copying Apparatus Production in Asia-Pacific

In value terms, photo-copying apparatus production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production enjoyed a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 40,506% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Photo-Copying Apparatus Exports

Exports in Asia-Pacific

After five years of growth, overseas shipments of photo-copying apparatus decreased by -23.5% to X units in 2022. Total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 31% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then fell dramatically in the following year.

In value terms, photo-copying apparatus exports shrank to $X in 2022. The total export value increased at an average annual rate of +2.2% 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 33%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, China (X units) represented the main exporter of photo-copying apparatus, making up 52% of total exports. The Philippines (X units) held the second position in the ranking, followed by Thailand (X units) and Singapore (X units). All these countries together held near 37% share of total exports. The following exporters - Malaysia (X units), Vietnam (X units) and South Korea (X units) - together made up 8.1% of total exports.

From 2012 to 2022, average annual rates of growth with regard to photo-copying apparatus exports from China stood at +15.3%. At the same time, Thailand (+36.5%) and the Philippines (+25.2%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +36.5% from 2012-2022. Vietnam experienced a relatively flat trend pattern. By contrast, South Korea (-1.7%), Malaysia (-8.2%) and Singapore (-12.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, the Philippines and Thailand increased by +35, +15 and +11 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest photo-copying apparatus supplying countries in Asia-Pacific were China ($X), Thailand ($X) and the Philippines ($X), with a combined 70% share of total exports.

In terms of the main exporting countries, Thailand, with a CAGR of +26.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, growing by 22% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+2.8%), while the other leaders experienced mixed trends in the export price figures.

Photo-Copying Apparatus Imports

Imports in Asia-Pacific

In 2022, overseas purchases of photo-copying apparatus increased by 451% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports recorded a measured expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, photo-copying apparatus imports amounted to $X in 2022. In general, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The Philippines dominates imports structure, reaching X units, which was near 79% of total imports in 2022. The following importers - Singapore (X units), South Korea (X units) and India (X units) - each finished at a 12% share of total imports.

The Philippines was also the fastest-growing in terms of the photo-copying apparatus imports, with a CAGR of +224.2% from 2012 to 2022. At the same time, South Korea (+21.2%) and India (+15.2%) displayed positive paces of growth. By contrast, Singapore (-22.8%) illustrated a downward trend over the same period. The Philippines (+79 p.p.), South Korea (+3.4 p.p.) and India (+2.6 p.p.) significantly strengthened its position in terms of the total imports, while Singapore saw its share reduced by -73% from 2012 to 2022, respectively.

In value terms, India ($X), South Korea ($X) and Singapore ($X) were the countries with the highest levels of imports in 2022, together comprising 48% of total imports.

South Korea, with a CAGR of +1.4%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, declining by -81% against the previous year. In general, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 26% against the previous year. The level of import peaked at $X per unit in 2017; however, from 2018 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 India ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+6.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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