Asia-Pacific: Disc Pick-Up Cartridge Market 2024

Disc Pick-Up Cartridge Market Size in Asia-Pacific

In 2021, the Asia-Pacific disc pick-up cartridge market decreased by -2.9% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Disc Pick-Up Cartridge Production in Asia-Pacific

In value terms, disc pick-up cartridge production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 18% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then dropped in the following year.

Disc Pick-Up Cartridge Exports

Exports in Asia-Pacific

After two years of decline, shipments abroad of pick-up cartridges for discs or mechanically recorded sound films increased by 8.3% to X units in 2021. Overall, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of 94% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, disc pick-up cartridge exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 34% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, Indonesia (X units) was the major exporter of pick-up cartridges for discs or mechanically recorded sound films, constituting 70% of total exports. China (X units) took a 12% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (8.4%) and Japan (6.7%). Hong Kong SAR (X units) followed a long way behind the leaders.

Exports from Indonesia increased at an average annual rate of +13.0% from 2012 to 2021. At the same time, Malaysia (+42.5%), China (+14.6%) and Japan (+9.8%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +42.5% from 2012-2021. By contrast, Hong Kong SAR (-21.5%) illustrated a downward trend over the same period. Indonesia (+33 p.p.), Malaysia (+7.8 p.p.), China (+6.5 p.p.) and Japan (+2.2 p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR saw its share reduced by -29.1% from 2012 to 2021, respectively.

In value terms, Japan ($X) remains the largest disc pick-up cartridge supplier in Asia-Pacific, comprising 53% of total exports. The second position in the ranking was held by Indonesia ($X), with a 26% share of total exports. It was followed by Malaysia, with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Japan stood at +12.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (+15.2% per year) and Malaysia (+32.2% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2021, surging by 11% against the previous year. Over the period under review, the export price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2013 an increase of 100%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Japan ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+17.7%), while the other leaders experienced more modest paces of growth.

Disc Pick-Up Cartridge Imports

Imports in Asia-Pacific

In 2021, purchases abroad of pick-up cartridges for discs or mechanically recorded sound films was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 93% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, disc pick-up cartridge imports surged to $X in 2021. Overall, imports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2015 when imports increased by 59% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Hong Kong SAR dominates imports structure, recording X units, which was near 73% of total imports in 2021. Thailand (X units) ranks second in terms of the total imports with a 7.3% share, followed by Japan (6.6%) and Malaysia (5.6%). Singapore (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to disc pick-up cartridge imports into Hong Kong SAR stood at +3.6%. At the same time, Thailand (+45.7%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +45.7% from 2012-2021. By contrast, Japan (-2.7%), Malaysia (-21.5%) and Singapore (-23.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Hong Kong SAR and Thailand increased by +38 and +7.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported pick-up cartridges for discs or mechanically recorded sound films in Asia-Pacific, comprising 41% of total imports. The second position in the ranking was taken by Japan ($X), with a 20% share of total imports. It was followed by Malaysia, with a 7.9% share.

In Hong Kong SAR, disc pick-up cartridge imports increased at an average annual rate of +9.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+3.7% per year) and Malaysia (-20.0% per year).

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per unit, with a decrease of -6.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the import price increased by 46% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2020, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+6.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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