China: Variable Capacitor Market 2025

Variable Capacitor Market Size in China

The Chinese variable capacitor market surged to $X in 2022, with an increase of 20% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Variable Capacitor Exports

Exports from China

Variable capacitor exports from China soared to X units in 2022, jumping by 17% on 2021 figures. Over the period under review, exports, however, saw a dramatic decline. Over the period under review, the exports attained the maximum at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, variable capacitor exports fell notably to $X in 2022. In general, exports saw a moderate increase. The pace of growth was the most pronounced in 2017 when exports increased by 68%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X units) was the main destination for variable capacitor exports from China, accounting for a 35% share of total exports. Moreover, variable capacitor exports to India exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was held by Egypt (X units), with a 10% share.

From 2020 to 2022, the average annual growth rate of volume to India amounted to +104.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+121.2% per year) and Egypt (+13.5% per year).

In value terms, the largest markets for variable capacitor exported from China were the United States ($X), Egypt ($X) and Malaysia ($X), together accounting for 34% of total exports. Singapore, Japan, India, South Korea, Vietnam, Kazakhstan, Germany, Indonesia and Jordan lagged somewhat behind, together accounting for a further 22%.

Kazakhstan, with a CAGR of +117.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average variable capacitor export price amounted to $X per unit, dropping by -37.8% against the previous year. Overall, the export price, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 226%. As a result, the export price reached the peak level of $X per unit, and then declined rapidly in the following year.

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

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+145.1%), while the prices for the other major destinations experienced more modest paces of growth.

Variable Capacitor Imports

Imports into China

In 2022, purchases abroad of variable capacitors decreased by -3% to X units for the first time since 2011, thus ending a ten-year rising trend. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 3.2% against the previous year. As a result, imports attained the peak of X units, and then dropped in the following year.

In value terms, variable capacitor imports soared to $X in 2022. Over the period under review, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2017 when imports increased by 63%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Switzerland (X units), South Korea (X units) and Japan (X units) were the main suppliers of variable capacitor imports to China, with a combined 88% share of total imports. The United States, the Dominican Republic and France lagged somewhat behind, together comprising a further 7.5%.

From 2020 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Dominican Republic (with a CAGR of +68.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Japan ($X) and the United States ($X) constituted the largest variable capacitor suppliers to China, together comprising 86% of total imports. South Korea, the Dominican Republic and France lagged somewhat behind, together accounting for a further 8.7%.

In terms of the main suppliers, the Dominican Republic, with a CAGR of +84.7%, 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

In 2022, the average variable capacitor import price amounted to $X per unit, with an increase of 25% against the previous year. Over the last two years, it increased at an average annual rate of +6.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+31.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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