China: Signal Generator Market 2024

Signal Generator Market Size in China

The Chinese signal generator market contracted sharply to $X in 2021, dropping by -23.3% against the previous year. In general, consumption faced a abrupt contraction. The pace of growth appeared the most rapid in 2018 when the market value increased by 0.5%. Signal generator consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Signal Generator Production in China

In value terms, signal generator production dropped remarkably to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 369%. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Signal Generator Exports

Exports from China

In 2021, shipments abroad of signal generators increased by 36% to X units, rising for the second consecutive year after four years of decline. Over the period under review, exports showed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 663%. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, signal generator exports skyrocketed to $X in 2021. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Thailand (X units), Hong Kong SAR (X units) and the United States (X units) were the main destinations of signal generator exports from China, together comprising 57% of total exports. Sweden, Spain, Malaysia, Singapore, Hungary, the UK, Germany, Japan, South Korea and Russia lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +106.7%), while the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for signal generators exports from China, comprising 36% of total exports. The second position in the ranking was taken by the United States ($X), with a 15% share of total exports. It was followed by Thailand, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Hong Kong SAR totaled +51.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+18.6% per year) and Thailand (+52.2% per year).

Export Prices by Country

In 2021, the average signal generator export price amounted to $X per unit, with an increase of 65% against the previous year. Over the period under review, the export price enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2018 an increase of 249% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was South Korea ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.

Signal Generator Imports

Imports into China

In 2021, signal generator imports into China skyrocketed to X units, rising by 1,326% against the previous year's figure. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, signal generator imports surged to $X in 2021. In general, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2018 with an increase of 55% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of signal generator to China, with a 49% share of total imports. Moreover, signal generator imports from Germany exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), twofold. Japan (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +42.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+54.3% per year) and Japan (+13.3% per year).

In value terms, the largest signal generator suppliers to China were the United States ($X), Malaysia ($X) and Germany ($X), together comprising 56% of total imports. Taiwan (Chinese), Japan and South Korea lagged somewhat behind, together comprising a further 14%.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +20.7%, 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

In 2021, the average signal generator import price amounted to $X per unit, with a decrease of -91.1% against the previous year. Over the period under review, the import price faced a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of 2,114%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for Taiwan (Chinese) ($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 (+0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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