Eastern Asia: Measuring Rod Market 2020

Measuring Rod Market Size in Eastern Asia

The revenue of the measuring rod market in Eastern Asia amounted to $X in 2017, going up by X% against the previous year. The measuring rod consumption continues to indicate a prominent growth. The pace of growth appeared the most rapid in 2017, with an increase of X% against the previous year. In that year, the measuring rod market reached their peak level, and is likely to continue its growth in the immediate term.

Measuring Rod Production in Eastern Asia

In 2017, measuring rod production in Eastern Asia stood at X units, coming down by -X% against the previous year. The measuring rod production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. Over the period under review, the measuring rod production attained its peak figure volume of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Measuring Rod Exports in Eastern Asia

In 2017, measuring rod exports in Eastern Asia stood at X units, reducing by -X% against the previous year. The measuring rod exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. The volume of exports peaked of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, measuring rod exports totaled $X in 2017. The measuring rod exports continue to indicate a remarkable expansion. The level of exports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Measuring Rod Exports by Country in Eastern Asia

China prevails in measuring rod exports structure, finishing at X units, which was near X% of total exports in 2017. South Korea (X units) followed a long way behind the leaders.

China experienced a relatively flat trend pattern of measuring rods and tapes and divided scales exports. At the same time, South Korea (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of South Korea decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, measuring rod exports expanded at an average annual rate of +X% over the period from 2007-2017.

Measuring Rod Export Prices by Country in Eastern Asia

In 2017, the measuring rod export price in Eastern Asia amounted to $X per thousand units, increasing by X% against the previous year. The export price indicated a strong expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the measuring rod export price increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2017, when the export prices increased by X% y-o-y. In that year, the export prices for measuring rods and tapes and divided scales attained their peak level, and is likely to continue its growth in the immediate term.

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

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

Measuring Rod Imports in Eastern Asia

The imports totaled X units in 2017, increasing by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2010, when imports increased by X% against the previous year. Over the period under review, the measuring rod imports reached its maximum volume in 2017, and are likely to see steady growth in the near future.

In value terms, measuring rod imports totaled $X in 2017. The measuring rod imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Measuring Rod Imports by Country in Eastern Asia

In 2017, Japan (X units) represented the major importer for measuring rods and tapes and divided scales, creating X% of total imports. Taiwan, Chinese (X units) ranks second in terms of the global imports with a X% share, followed by South Korea (X%) and China (X%). China, Hong Kong SAR (X units) followed a long way behind the leaders.

Imports into Japan increased at an average annual rate of +X% from 2007 to 2017. At the same time, South Korea (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2017. China experienced a relatively flat trend pattern. By contrast, Taiwan, Chinese (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Taiwan, Chinese and China, Hong Kong SAR increased by X% and X% percentage points, while South Korea (-X%) and Japan (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), China ($X) and South Korea ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports.

In terms of the main importing countries , South Korea (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Measuring Rod Import Prices by Country in Eastern Asia

The measuring rod import price in Eastern Asia stood at $X per thousand units in 2017, coming up by X% against the previous year. The measuring rod import price continues to indicate a mild curtailment. The growth pace was the most rapid in 2010, an increase of X% against the previous year. Over the period under review, the import prices for measuring rods and tapes and divided scales reached its peak figure level of $X per thousand units in 2011; however, from 2012 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 China ($X per thousand units), while Taiwan, Chinese ($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, Hong Kong SAR (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform