Eastern Asia: Diode Market 2024

Diode Market Size in Eastern Asia

In 2021, the East Asian diode market decreased by -15.9% to $X, falling for the second consecutive year after three years of growth. In general, consumption recorded a noticeable reduction. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Diode Production in Eastern Asia

In value terms, diode production rose modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by 17%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Diode Exports

Exports in Eastern Asia

In 2021, approx. X units of diodes, other than photosensitive or light emitting diodes were exported in Eastern Asia; picking up by 21% on the previous year's figure. The total export volume increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 22% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, diode exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +5.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, China (X units) was the largest exporter of diodes, other than photosensitive or light emitting diodes, constituting 55% of total exports. Hong Kong SAR (X units) ranks second in terms of the total exports with a 27% share, followed by Taiwan (Chinese) (9.1%) and Japan (5.7%). South Korea (X units) held a little share of total exports.

China was also the fastest-growing in terms of the diodes, other than photosensitive or light emitting diodes exports, with a CAGR of +6.0% from 2012 to 2021. At the same time, Hong Kong SAR (+4.4%) displayed positive paces of growth. Taiwan (Chinese) and South Korea experienced a relatively flat trend pattern. By contrast, Japan (-4.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China increased by +9.5 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest diode supplying countries in Eastern Asia were Hong Kong SAR ($X), China ($X) and Taiwan (Chinese) ($X), together comprising 88% of total exports.

Hong Kong SAR, with a CAGR of +7.7%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per unit, picking up by 3.5% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2019 when the export price increased by 12%. The level of export peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while China ($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 (+3.2%), while the other leaders experienced more modest paces of growth.

Diode Imports

Imports in Eastern Asia

In 2021, after three years of decline, there was significant growth in overseas purchases of diodes, other than photosensitive or light emitting diodes, when their volume increased by 8.6% to X units. In general, imports, however, showed a pronounced curtailment. The growth pace was the most rapid in 2014 with an increase of 30% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, diode imports surged to $X in 2021. The total import value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Hong Kong SAR was the key importer of diodes, other than photosensitive or light emitting diodes in Eastern Asia, with the volume of imports finishing at X units, which was approx. 57% of total imports in 2021. South Korea (X units) took the second position in the ranking, followed by China (X units), Japan (X units) and Taiwan (Chinese) (X units). All these countries together took approx. 43% share of total imports.

Hong Kong SAR experienced a relatively flat trend pattern with regard to volume of imports of diodes, other than photosensitive or light emitting diodes. South Korea and Japan experienced a relatively flat trend pattern. Taiwan (Chinese) (-1.7%) and China (-10.3%) illustrated a downward trend over the same period. While the share of Hong Kong SAR (+9.4 p.p.) and South Korea (+2.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of China (-13.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hong Kong SAR ($X), China ($X) and South Korea ($X) were the countries with the highest levels of imports in 2021, with a combined 84% share of total imports.

Hong Kong SAR, with a CAGR of +5.0%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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 Eastern Asia stood at $X per unit in 2021, jumping by 16% against the previous year. Import price indicated a resilient increase from 2012 to 2021: its price 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, diode import price increased by +69.5% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the import price increased by 16%. Over the period under review, import prices reached the maximum in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+14.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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