Global Resistor Market 2024

Resistor Market Size

After five years of growth, the global resistor market decreased by X% to $X in 2022. Over the period under review, consumption showed a buoyant expansion. Global consumption peaked at $X in 2021, and then dropped in the following year.

Resistor Production

In value terms, resistor production dropped slightly to $X in 2022 estimated in export price. In general, production posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Global production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Resistor Exports

Exports

In 2022, the amount of electrical resistors (except heating resistors) exported worldwide reached X units, increasing by X% against 2021. Over the period under review, total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, resistor exports expanded remarkably to $X in 2022. Overall, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the global exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

China dominates exports structure, resulting at X units, which was near X% of total exports in 2022. Hong Kong SAR (X units) took the second position in the ranking, followed by Germany (X units) and Taiwan (Chinese) (X units). All these countries together took approx. X% share of total exports. Singapore (X units), Japan (X units), Belgium (X units), South Korea (X units), Israel (X units), the Netherlands (X units), Thailand (X units), the United States (X units) and France (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to resistor exports from China stood at X%. At the same time, Belgium (X%), France (X%), Singapore (X%), Germany (X%), Taiwan (Chinese) (X%), Thailand (X%), South Korea (X%), Hong Kong SAR (X%) and Japan (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. The Netherlands and Israel experienced a relatively flat trend pattern. By contrast, the United States (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Japan (X p.p.), Israel (X p.p.), the United States (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest resistor supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of global exports. It was followed by Taiwan (Chinese), with an X% share.

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

Export Prices by Country

In 2022, the average resistor export price amounted to $X per thousand units, with a decrease of X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X%. The global export price peaked at $X per thousand units in 2021, and then fell in the following year.

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 the United States ($X per thousand units), while Belgium ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Resistor Imports

Imports

In 2022, supplies from abroad of electrical resistors (except heating resistors) increased by X% to X units, rising for the second year in a row after three years of decline. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, resistor imports totaled $X in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, global imports reached the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

Hungary (X units) and Mexico (X units) represented the largest importers of electrical resistors (except heating resistors) in 2022, reaching approx. X% and X% of total imports, respectively. China (X units) took the next position in the ranking, followed by Germany (X units). All these countries together held near X% share of total imports. France (X units), Hong Kong SAR (X units), Vietnam (X units), Singapore (X units), Malaysia (X units) and Romania (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported electrical resistors (except heating resistors) worldwide, comprising X% of global imports. The second position in the ranking was taken by Hong Kong SAR ($X), with an X% share of global imports. It was followed by Germany, with a X% share.

In China, resistor imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average resistor import price amounted to $X per thousand units, shrinking by X% against the previous year. Over the period under review, the import price recorded a slight decline. The pace of growth was the most pronounced in 2018 an increase of X%. Global import price peaked at $X per thousand units in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per thousand units), while Hungary ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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