Eastern Asia: Electric Racing Set Market 2020

Electric Racing Set Market Size in Eastern Asia

The revenue of the electric racing set market in Eastern Asia amounted to $X in 2017, growing by X% against the previous year. The electric racing set consumption continues to indicate a strong growth. The pace of growth appeared the most rapid in 2012, with an increase of X% y-o-y. The level of electric racing set consumption peaked in 2017, and is expected to retain its growth in the near future.

Electric Racing Set Production in Eastern Asia

In 2017, the amount of electric car racing sets produced in Eastern Asia stood at X units, growing by X% against the previous year. The electric racing set production continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, the electric racing set production attained its maximum volume in 2017, and is likely to see steady growth in the immediate term.

Electric Racing Set Exports in Eastern Asia

In 2017, approx. X units of electric car racing sets were exported in Eastern Asia; waning by -X% against the previous year. The electric racing set exports continue to indicate an abrupt deduction. The pace of growth appeared the most rapid in 2011, when it surged by X% year-to-year. In that year, the electric racing set exports attained their peak volume of X units. From 2012 to 2017, growth of the electric racing set exports stood at a somewhat lower level.

In value terms, electric racing set exports totaled $X in 2017. The electric racing set exports continue to indicate a drastic downturn. The level of exports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Electric Racing Set Exports by Country in Eastern Asia

China prevails in electric racing set exports structure, reaching X units, which was near X% of total exports in 2017. It was distantly followed by Japan (X units), comprising X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to electric racing set exports from China stood at -X%. Japan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China and Japan increased by X% and X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest electric racing set supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in China totaled -X%.

Electric Racing Set Export Prices by Country in Eastern Asia

The electric racing set export price in Eastern Asia stood at $X per unit in 2017, falling by -X% against the previous year. The electric racing set export price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2012, when the export prices increased by X% y-o-y. The level of export price peaked of $X per unit in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Japan ($X per unit) and China ($X per unit), while China ($X per unit) and Japan ($X per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Japan (+X% per year).

Electric Racing Set Imports in Eastern Asia

In 2017, approx. X units of electric car racing sets were imported in Eastern Asia; lowering by -X% against the previous year. The electric racing set imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. In that year, the electric racing set imports attained their peak volume of X units. From 2012 to 2017, growth of the electric racing set imports stood at a somewhat lower level.

In value terms, electric racing set imports stood at $X in 2017. The electric racing set imports continue to indicate an abrupt contraction. The level of imports peaked of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Electric Racing Set Imports by Country in Eastern Asia

Japan was the main importing country with an import of about X units, which accounted for X% of total imports. It was distantly followed by China (X units) and China, Macao SAR (X units), together generating X% share of total imports.

Japan was also the fastest growing in terms of the electric car racing sets imports, with a CAGR of -X% from 2007 to 2017. China, Macao SAR (-X%) and China (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Japan, China and China, Macao SAR increased by X%, X% and X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported electric car racing sets in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by China, Macao SAR, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Japan amounted to -X%. The remaining importing countries recorded the following average annual rates of imports growth: China (-X% per year) and China, Macao SAR (-X% per year).

Electric Racing Set Import Prices by Country in Eastern Asia

The electric racing set import price in Eastern Asia stood at $X per unit in 2017, lowering by -X% against the previous year. The electric racing set import price continues to indicate a deep contraction. The growth pace was the most rapid in 2012, an increase of X% y-o-y. The level of import price peaked of $X per unit in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per thousand units), while China ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Macao SAR (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform