Eastern Asia: Monitors And Projectors Market 2024

Monitors And Projectors Market Size in Eastern Asia

The East Asian monitors and projectors market was estimated at $X in 2022, approximately equating the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.7% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Monitors And Projectors Production in Eastern Asia

In value terms, monitors and projectors production stood at $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a slight decline. The pace of growth was the most pronounced in 2019 when the production volume increased by 15% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Monitors And Projectors Exports

Exports in Eastern Asia

In 2022, the amount of monitors and projectors exported in Eastern Asia fell to X units, dropping by -6.5% compared with 2021 figures. Overall, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 0.2%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, monitors and projectors exports fell to $X in 2022. In general, exports continue to indicate a sharp setback. The smallest decline of -10% was in 2021. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Hong Kong SAR represented the key exporter of monitors and projectors in Eastern Asia, with the volume of exports amounting to X units, which was approx. 43% of total exports in 2022. South Korea (X units) took a 27% share (based on physical terms) of total exports, which put it in second place, followed by Taiwan (Chinese) (19%) and Japan (11%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Hong Kong SAR (with a CAGR of -25.8%), while the other leaders experienced a decline in the exports figures.

In value terms, Hong Kong SAR ($X) remains the largest monitors and projectors supplier in Eastern Asia, comprising 45% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 22% share of total exports. It was followed by South Korea, with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Hong Kong SAR totaled -27.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (-29.9% per year) and South Korea (-40.2% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, declining by -5.9% against the previous year. Export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monitors and projectors export price decreased by -23.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the export price increased by 40% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.1%), while the other leaders experienced a decline in the export price figures.

Monitors And Projectors Imports

Imports in Eastern Asia

For the eighth year in a row, Eastern Asia recorded decline in overseas purchases of monitors and projectors, which decreased by -0.9% to X units in 2022. Overall, imports recorded a deep slump. The pace of growth appeared the most rapid in 2014 with an increase of 2.2% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, monitors and projectors imports shrank to $X in 2022. In general, imports saw a abrupt downturn. The smallest decline of -4.3% was in 2013. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Japan prevails in imports structure, reaching X units, which was near 86% of total imports in 2022. It was distantly followed by Macao SAR (X units), constituting a 6.6% share of total imports. Hong Kong SAR (X units), South Korea (X units) and Taiwan (Chinese) (X units) followed a long way behind the leaders.

Japan experienced a relatively flat trend pattern with regard to volume of imports of monitors and projectors. At the same time, Macao SAR (+19.2%) displayed positive paces of growth. Moreover, Macao SAR emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +19.2% from 2012-2022. By contrast, Taiwan (Chinese) (-26.4%), Hong Kong SAR (-27.4%) and South Korea (-28.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Japan and Macao SAR increased by +52 and +6.2 percentage points, respectively.

In value terms, Japan ($X) constitutes the largest market for imported monitors and projectors in Eastern Asia, comprising 91% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 4.8% share of total imports. It was followed by Macao SAR, with a 2.1% share.

In Japan, monitors and projectors imports declined by an average annual rate of -6.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hong Kong SAR (-29.4% per year) and Macao SAR (+1.8% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, waning by -5.5% against the previous year. In general, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2015 an increase of 8.8% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while Macao SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-2.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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