Asia: Remote Control Apparatus Market 2025

Remote Control Apparatus Market Size in Asia

In 2021, the Asian remote control apparatus market decreased by -19.3% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption showed a noticeable contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Remote Control Apparatus Production in Asia

In value terms, remote control apparatus production declined to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by 21% against the previous year. As a result, production reached the peak level of $X, and then declined in the following year.

Remote Control Apparatus Exports

Exports in Asia

In 2021, overseas shipments of radio remote control apparatus increased by 76% to X tons, rising for the third year in a row after two years of decline. In general, exports recorded resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, remote control apparatus exports skyrocketed to $X in 2021. Overall, exports recorded a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, accounting for X tons, which was near 78% of total exports in 2021. It was distantly followed by Thailand (X tons), constituting a 4.9% share of total exports. Taiwan (Chinese) (X tons), Hong Kong SAR (X tons), South Korea (X tons) and Japan (X tons) held a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to remote control apparatus exports from China stood at +21.3%. At the same time, Thailand (+23.5%) and Taiwan (Chinese) (+6.0%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia, with a CAGR of +23.5% from 2012-2021. By contrast, Japan (-6.4%), Hong Kong SAR (-6.5%) and South Korea (-8.0%) illustrated a downward trend over the same period. China (+42 p.p.) and Thailand (+2.9 p.p.) significantly strengthened its position in terms of the total exports, while Taiwan (Chinese), Japan, South Korea and Hong Kong SAR saw its share reduced by -2%, -8.9%, -12.9% and -13.5% from 2012 to 2021, respectively.

In value terms, China ($X) remains the largest remote control apparatus supplier in Asia, comprising 72% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with an 8.2% share of total exports. It was followed by Taiwan (Chinese), with a 4.9% share.

In China, remote control apparatus exports expanded at an average annual rate of +16.8% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (+2.1% per year) and Taiwan (Chinese) (+13.9% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, dropping by -18% against the previous year. Overall, the export price showed a mild shrinkage. The growth pace was the most rapid in 2013 when the export price increased by 17% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Hong Kong SAR ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+9.2%), while the other leaders experienced more modest paces of growth.

Remote Control Apparatus Imports

Imports in Asia

In 2021, purchases abroad of radio remote control apparatus was finally on the rise to reach X tons for the first time since 2015, thus ending a five-year declining trend. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 20% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, remote control apparatus imports expanded sharply to $X in 2021. The total import value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 13%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of remote control apparatus imports in 2021 were Turkey (X tons), South Korea (X tons), Japan (X tons) and Hong Kong SAR (X tons), together recording 60% of total import. It was distantly followed by China (X tons) and Taiwan (Chinese) (X tons), together constituting a 16% share of total imports. The United Arab Emirates (X tons), Indonesia (X tons), Thailand (X tons), Vietnam (X tons), India (X tons), Malaysia (X tons) and Singapore (X tons) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by India (with a CAGR of +38.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest remote control apparatus importing markets in Asia were China ($X), Japan ($X) and Hong Kong SAR ($X), with a combined 52% share of total imports. These countries were followed by South Korea, Turkey, Taiwan (Chinese), Indonesia, the United Arab Emirates, Vietnam, India, Malaysia, Singapore and Thailand, which together accounted for a further 44%.

Among the main importing countries, India, with a CAGR of +38.8%, saw 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 2021, the import price in Asia amounted to $X per ton, increasing by 6.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2018 when the import price increased by 21%. Over the period under review, import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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