China: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2025

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in China

The Chinese geometrical quantities electronic measurer market skyrocketed to $X in 2022, surging by 132% against the previous year. Overall, consumption showed a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Electronic Instruments And Machines For Measuring Geometrical Quantities in China

In value terms, geometrical quantities electronic measurer production expanded rapidly to $X in 2022 estimated in export price. In general, production recorded resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 38% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports from China

Geometrical quantities electronic measurer exports from China soared to X units in 2022, rising by 40% compared with 2021 figures. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 351%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, geometrical quantities electronic measurer exports dropped to $X in 2022. Overall, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

The United States (X units), the United Arab Emirates (X units) and Malaysia (X units) were the main destinations of geometrical quantities electronic measurer exports from China, together comprising 5.3% of total exports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +38.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for electronic instruments and machines for measuring geometrical quantities exports from China, comprising 16% of total exports. The second position in the ranking was taken by Japan ($X), with a 6.2% share of total exports. It was followed by Germany, with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+8.3% per year) and Germany (+8.7% per year).

Export Prices by Country

In 2022, the average geometrical quantities electronic measurer export price amounted to $X per unit, waning by -38.6% against the previous year. Overall, the export price saw a abrupt contraction. The growth pace was the most rapid in 2021 an increase of 39%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports into China

In 2022, supplies from abroad of electronic instruments and machines for measuring geometrical quantities increased by 5.1% to X units, rising for the fourth consecutive year after six years of decline. Overall, imports saw perceptible growth. The pace of growth appeared the most rapid in 2020 with an increase of 134% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, geometrical quantities electronic measurer imports shrank to $X in 2022. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +12.8% against 2020 indices. The pace of growth was the most pronounced in 2018 when imports increased by 25% against the previous year. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

Malaysia (X units), Japan (X units) and Germany (X units) were the main suppliers of geometrical quantities electronic measurer imports to China, with a combined 53% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +34.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Japan ($X) and Germany ($X) were the largest geometrical quantities electronic measurer suppliers to China, together comprising 53% of total imports.

Among the main suppliers, Malaysia, with a CAGR of +33.5%, recorded the highest growth rate of 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 average geometrical quantities electronic measurer import price stood at $X per unit in 2022, which is down by -12.1% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 27% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Mexico ($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) (+44.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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