China: Video Monitor Market 2024

Video Monitor Market Size in China

In 2021, the Chinese video monitor market decreased by -21.2% to $X, falling for the second year in a row after six years of growth. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Video Monitor Production in China

In value terms, video monitor production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 9.2%. Video monitor production peaked at $X in 2020, and then dropped in the following year.

Video Monitor Exports

Exports from China

In 2021, overseas shipments of video monitors increased by 8.2% to X units, rising for the fifth consecutive year after two years of decline. Overall, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +89.7% against 2016 indices. The pace of growth appeared the most rapid in 2017 with an increase of 22%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, video monitor exports skyrocketed to $X in 2021. Over the period under review, total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +77.5% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units), the Netherlands (X units) and Japan (X units) were the main destinations of video monitor exports from China, with a combined 48% share of total exports. These countries were followed by Hong Kong SAR, the Czech Republic, South Korea, India, the United Arab Emirates, Poland, the UK, Germany, Australia and Malaysia, which together accounted for a further 32%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +22.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for video monitor exported from China were the United States ($X), the Netherlands ($X) and Japan ($X), together comprising 55% of total exports. These countries were followed by South Korea, the Czech Republic, Poland, Hong Kong SAR, Germany, the UK, Australia, India, the United Arab Emirates and Malaysia, which together accounted for a further 28%.

In terms of the main countries of destination, Poland, with a CAGR of +24.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average video monitor export price stood at $X per unit in 2021, increasing by 23% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per unit), while the average price for exports to the United Arab Emirates ($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 Poland (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Video Monitor Imports

Imports into China

In 2021, purchases abroad of video monitors decreased by -38.1% to X units, falling for the second consecutive year after six years of growth. In general, imports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2016 with an increase of 78% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, video monitor imports reduced rapidly to $X in 2021. Overall, imports, however, recorded prominent growth. The pace of growth was the most pronounced in 2018 when imports increased by 47%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Vietnam (X units), the United Arab Emirates (X units) and the Philippines (X units) were the main suppliers of video monitor imports to China, with a combined 62% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +299.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Vietnam ($X) and the Philippines ($X) appeared to be the largest video monitor suppliers to China, together accounting for 55% of total imports.

Vietnam, with a CAGR of +322.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average video monitor import price stood at $X per unit in 2021, rising by 21% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, video monitor import price increased by +121.4% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 43%. The import price peaked in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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