Asia: Semiconductor Thyristor Market 2024

Semiconductor Thyristor Market Size in Asia

The Asian semiconductor thyristor market expanded remarkably to $X in 2022, picking up by 7% against the previous year. The market value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Semiconductor Thyristor Production in Asia

In value terms, semiconductor thyristor production totaled $X in 2022 estimated in export price. The total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -11.5% against 2018 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by 40%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Semiconductor Thyristor Exports

Exports in Asia

For the third year in a row, Asia recorded growth in overseas shipments of semiconductor thyristors, diacs and triacs, which increased by 3% to X units in 2022. Over the period under review, exports recorded a prominent increase. The pace of growth appeared the most rapid in 2018 when exports increased by 81%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, semiconductor thyristor exports declined remarkably to $X in 2022. In general, exports posted a buoyant expansion. The pace of growth was the most pronounced in 2018 when exports increased by 45% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China was the key exporting country with an export of around X units, which resulted at 61% of total exports. It was distantly followed by Hong Kong SAR (X units), Singapore (X units) and Japan (X units), together generating a 32% share of total exports. The following exporters - South Korea (X units) and Taiwan (Chinese) (X units) - each amounted to a 5.3% share of total exports.

Exports from China increased at an average annual rate of +8.3% from 2012 to 2022. At the same time, South Korea (+26.1%), Singapore (+14.3%), Hong Kong SAR (+7.7%) and Taiwan (Chinese) (+7.1%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Asia, with a CAGR of +26.1% from 2012-2022. By contrast, Japan (-3.1%) illustrated a downward trend over the same period. China (+4.2 p.p.), Singapore (+3.6 p.p.) and South Korea (+2.2 p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by -8.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest semiconductor thyristor supplier in Asia, comprising 55% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 25% share of total exports. It was followed by Singapore, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value in China stood at +7.2%. In the other countries, the average annual rates were as follows: Hong Kong SAR (+5.3% per year) and Singapore (+7.6% per year).

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, falling by -23.5% against the previous year. In general, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2019 an increase of 28%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while South Korea ($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) (+6.4%), while the other leaders experienced mixed trends in the export price figures.

Semiconductor Thyristor Imports

Imports in Asia

In 2022, supplies from abroad of semiconductor thyristors, diacs and triacs increased by 51% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, semiconductor thyristor imports skyrocketed to $X in 2022. In general, imports recorded buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X units) and Hong Kong SAR (X units) were the largest importers of semiconductor thyristors, diacs and triacs in 2022, accounting for near 36% and 33% of total imports, respectively. It was distantly followed by Singapore (X units), committing a 6.3% share of total imports. The following importers - Japan (X units), Thailand (X units), Indonesia (X units), South Korea (X units), China (X units), Taiwan (Chinese) (X units), Turkey (X units) and Malaysia (X units) - together made up 21% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by India (with a CAGR of +24.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Hong Kong SAR ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 79% share of total imports.

Among the main importing countries, India, with a CAGR of +22.2%, 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

The import price in Asia stood at $X per unit in 2022, surging by 13% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 China (+17.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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