Global Computing Machinery Market 2024

Computing Machinery Market Size

The global computing machinery market rose slightly to $X in 2021, picking up by 4.2% against the previous year. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Global consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Computing Machinery Production

In value terms, computing machinery production declined modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when the production volume increased by 14%. Over the period under review, global production attained the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Computing Machinery Exports

Exports

In 2021, shipments abroad of computing machinery and parts and accessories thereof increased by 10% to X tons, rising for the fifth year in a row after four years of decline. Overall, exports, however, saw a pronounced downturn. Over the period under review, the global exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, computing machinery exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.2% over the period 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

China was the key exporting country with an export of around X tons, which accounted for 42% of total exports. The Netherlands (X tons) took the second position in the ranking, followed by Hong Kong SAR (X tons). All these countries together took near 17% share of total exports. Thailand (X tons), Germany (X tons), Mexico (X tons), Vietnam (X tons), the United States (X tons), Japan (X tons), Taiwan (Chinese) (X tons), Singapore (X tons), Malaysia (X tons) and the Czech Republic (X tons) took a relatively small share of total exports.

Exports from China decreased at an average annual rate of -1.1% from 2012 to 2021. At the same time, Mexico (+18.9%), Thailand (+7.2%), Taiwan (Chinese) (+5.2%), the Netherlands (+3.5%) and Vietnam (+1.8%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of +18.9% from 2012-2021. By contrast, the Czech Republic (-2.8%), Germany (-3.2%), Japan (-4.6%), Hong Kong SAR (-5.3%), Singapore (-5.8%), the United States (-7.1%) and Malaysia (-9.9%) illustrated a downward trend over the same period. China (+4.8 p.p.), the Netherlands (+4.2 p.p.), Mexico (+3.2 p.p.) and Thailand (+2.5 p.p.) significantly strengthened its position in terms of the global exports, while the United States, Hong Kong SAR and Malaysia saw its share reduced by -1.7%, -2.2% and -2.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest computing machinery supplier worldwide, comprising 36% of global exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 9.9% share of global exports. It was followed by the Netherlands, with a 7.6% share.

In China, computing machinery exports expanded at an average annual rate of +1.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Hong Kong SAR (+3.5% per year) and the Netherlands (+4.7% per year).

Export Prices by Country

In 2021, the average computing machinery export price amounted to $X per ton, increasing by 7.2% against the previous year. Over the last nine years, it increased at an average annual rate of +4.7%. The growth pace was the most rapid in 2016 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+18.1%), while the other global leaders experienced more modest paces of growth.

Computing Machinery Imports

Imports

In 2021, the amount of computing machinery and parts and accessories thereof imported worldwide was estimated at X tons, approximately reflecting 2020 figures. Overall, imports, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2015 with an increase of 6.8% against the previous year. Global imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, computing machinery imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons), distantly followed by the Netherlands (X tons), Germany (X tons), Hong Kong SAR (X tons) and the Czech Republic (X tons) represented the largest importers of computing machinery and parts and accessories thereof, together making up 49% of total imports. The following importers - China (X tons), Japan (X tons), France (X tons), the UK (X tons), India (X tons), Singapore (X tons), Mexico (X tons) and the United Arab Emirates (X tons) - together made up 20% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Czech Republic (with a CAGR of +10.3%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported computing machinery and parts and accessories thereof worldwide, comprising 22% of global imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 7.9% share of global imports. It was followed by China, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value in the United States stood at +3.0%. In the other countries, the average annual rates were as follows: Hong Kong SAR (+1.3% per year) and China (+4.3% per year).

Import Prices by Country

The average computing machinery import price stood at $X per ton in 2021, rising by 16% against the previous year. In general, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, computing machinery import price increased by +96.2% against 2015 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 30% against the previous year. Global import price peaked 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 ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+17.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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