Eastern Asia: Signal Generator Market 2024

Signal Generator Market Size in Eastern Asia

The East Asian signal generator market expanded sharply to $X in 2021, rising by 9.2% against the previous year. Over the period under review, consumption recorded a noticeable decline. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Signal Generator Production in Eastern Asia

In value terms, signal generator production rose markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2019 when the production volume increased by 21%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Signal Generator Exports

Exports in Eastern Asia

In 2021, shipments abroad of signal generators increased by 1.1% to X units, rising for the fourth consecutive year after two years of decline. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 128% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, signal generator exports expanded sharply to $X in 2021. Over the period under review, exports posted strong growth. The pace of growth was the most pronounced in 2020 when exports increased by 46% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

Exports by Country

The biggest shipments were from Japan (X units), together reaching 99% of total export.

Japan was also the fastest-growing in terms of the signal generators exports, with a CAGR of +25.5% from 2012 to 2021. While the share of Japan (+5.3 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) also remains the largest signal generator supplier in Eastern Asia.

In Japan, signal generator exports expanded at an average annual rate of +16.9% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per unit, picking up by 5.9% against the previous year. In general, the export price, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2017 when the export price increased by 14%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2021, the rate of growth in terms of prices for Japan amounted to -6.8% per year.

Signal Generator Imports

Imports in Eastern Asia

In 2021, purchases abroad of signal generators was finally on the rise to reach X units for the first time since 2014, thus ending a six-year declining trend. Over the period under review, imports enjoyed a notable increase. The growth pace was the most rapid in 2014 when imports increased by 447%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, signal generator imports skyrocketed to $X in 2021. Overall, imports posted a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by 101% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China represented the main importing country with an import of around X units, which reached 41% of total imports. Taiwan (Chinese) (X units) took the second position in the ranking, followed by South Korea (X units), Hong Kong SAR (X units), Democratic People's Republic of Korea (X units) and Japan (X units). All these countries together held approx. 59% share of total imports.

Imports into China increased at an average annual rate of +30.9% from 2012 to 2021. At the same time, Democratic People's Republic of Korea (+35.7%), Hong Kong SAR (+6.6%) and Taiwan (Chinese) (+4.1%) displayed positive paces of growth. Moreover, Democratic People's Republic of Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +35.7% from 2012-2021. By contrast, South Korea (-9.1%) and Japan (-9.7%) illustrated a downward trend over the same period. While the share of China (+35 p.p.), Democratic People's Republic of Korea (+9.3 p.p.) and Hong Kong SAR (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Japan (-13.6 p.p.) and South Korea (-32.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported signal generators in Eastern Asia, comprising 62% of total imports. The second position in the ranking was taken by Japan ($X), with a 17% share of total imports. It was followed by Hong Kong SAR, with an 8.3% share.

In China, signal generator imports expanded at an average annual rate of +9.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+2.4% per year) and Hong Kong SAR (+5.4% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2021, declining by -36.9% against the previous year. Overall, the import price, however, showed a moderate expansion. The most prominent rate of growth was recorded in 2016 an increase of 66% against the previous year. The level of import peaked at $X per unit in 2020, and then declined rapidly in the following year.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per unit), while Democratic People's Republic of Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+13.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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