Asia-Pacific: Market for Printers, Copying Machines And Facsimile Machines 2024

Market Size for Printers, Copying Machines And Facsimile Machines in Asia-Pacific

The Asia-Pacific printers and copying machines market declined to $X in 2021, which is down by -10.2% against the previous year. Over the period under review, consumption continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the market value increased by 0.1%. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Printers, Copying Machines And Facsimile Machines in Asia-Pacific

In value terms, printers and copying machines production rose significantly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt slump. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Printers, Copying Machines And Facsimile Machines

Exports in Asia-Pacific

In 2021, overseas shipments of printers, copying machines and facsimile machines were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, recorded a relatively flat trend pattern. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, printers and copying machines exports soared to $X in 2021. In general, exports, however, showed a perceptible decline. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, China (X units) was the largest exporter of printers, copying machines and facsimile machines, committing 49% of total exports. The Philippines (X units) ranks second in terms of the total exports with a 12% share, followed by Vietnam (9.5%), Thailand (5.4%), Malaysia (5.4%) and Hong Kong SAR (5.2%). Indonesia (X units) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of printers, copying machines and facsimile machines. At the same time, the Philippines (+14.9%) and Thailand (+6.3%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +14.9% from 2012-2021. Vietnam experienced a relatively flat trend pattern. By contrast, Indonesia (-2.9%), Malaysia (-3.9%) and Hong Kong SAR (-9.9%) illustrated a downward trend over the same period. The Philippines (+8.6 p.p.), China (+4.1 p.p.) and Thailand (+2.4 p.p.) significantly strengthened its position in terms of the total exports, while Malaysia and Hong Kong SAR saw its share reduced by -2.2% and -7.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest printers and copying machines supplier in Asia-Pacific, comprising 49% of total exports. The second position in the ranking was taken by Vietnam ($X), with an 11% share of total exports. It was followed by the Philippines, with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled -1.4%. In the other countries, the average annual rates were as follows: Vietnam (-2.7% per year) and the Philippines (+16.3% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per unit, falling by -2.2% against the previous year. Overall, the export price continues to indicate a mild downturn. The pace of growth was the most pronounced in 2013 when the export price increased by 9.3% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Vietnam ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+1.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Printers, Copying Machines And Facsimile Machines

Imports in Asia-Pacific

In 2021, purchases abroad of printers, copying machines and facsimile machines was finally on the rise to reach X units after two years of decline. Over the period under review, imports, however, saw a mild setback. The volume of import peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, printers and copying machines imports soared to $X in 2021. In general, imports, however, saw a pronounced reduction. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Hong Kong SAR (X units), Singapore (X units) and China (X units) represented roughly 57% of total imports in 2021. Japan (X units) took the next position in the ranking, followed by Thailand (X units) and India (X units). All these countries together held approx. 19% share of total imports. Australia (X units), South Korea (X units), Indonesia (X units), Vietnam (X units), Taiwan (Chinese) (X units), Malaysia (X units) and the Philippines (X units) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Australia (with a CAGR of +5.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Hong Kong SAR ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2021, together comprising 53% of total imports. Singapore, Australia, South Korea, India, Vietnam, Indonesia, Thailand, Malaysia, Taiwan (Chinese) and the Philippines lagged somewhat behind, together comprising a further 42%.

Vietnam, with a CAGR of +3.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 2021, with a decrease of -9.1% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the import price increased by 12%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: 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 South Korea (+7.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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