Overview of the Global Market for Laptops and Palm-Top Computers

Market Size for Laptops and Palm-Top Computers

After four years of growth, the global laptop and tablet computer market decreased by -3.8% to $X in 2021. The market value increased at an average annual rate of +1.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Production of Laptops and Palm-Top Computers

In value terms, laptop and tablet computer production shrank to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 15% against the previous year. As a result, production reached the peak level of $X, and then fell in the following year.

Exports of Laptops and Palm-Top Computers

Exports

For the third consecutive year, the global market recorded growth in shipments abroad of laptops and palm-top computers, which increased by 17% to X units in 2021. In general, total exports indicated a slight expansion from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +71.4% against 2018 indices. The growth pace was the most rapid in 2020 when exports increased by 45%. The global exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, laptop and tablet computer exports soared to $X in 2021. Overall, total exports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +81.5% against 2016 indices. The pace of growth appeared the most rapid in 2020 with an increase of 31% against the previous year. The global exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

China represented the largest exporting country with an export of about X units, which recorded 63% of total exports. It was distantly followed by the Netherlands (X units), constituting a 17% share of total exports. The following exporters - the United States (X units), Germany (X units), Hong Kong SAR (X units) and Vietnam (X units) - together made up 11% of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of laptops and palm-top computers. At the same time, Vietnam (+12.7%), the Netherlands (+10.6%), Hong Kong SAR (+3.6%) and Germany (+2.8%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +12.7% from 2012-2021. The United States experienced a relatively flat trend pattern. From 2012 to 2021, the share of the Netherlands increased by +8.9 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest laptop and tablet computer supplier worldwide, comprising 66% of global exports. The second position in the ranking was held by the Netherlands ($X), with a 10% share of global exports. It was followed by Germany, with a 3.7% share.

In China, laptop and tablet computer exports expanded at an average annual rate of +2.2% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+15.8% per year) and Germany (+6.7% per year).

Export Prices by Country

The average laptop and tablet computer export price stood at $X per unit in 2021, picking up by 3.3% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 17%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.7%), while the other global leaders experienced more modest paces of growth.

Imports of Laptops and Palm-Top Computers

Imports

For the third consecutive year, the global market recorded growth in supplies from abroad of laptops and palm-top computers, which increased by 16% to X units in 2021. Overall, total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +71.7% against 2018 indices. The pace of growth was the most pronounced in 2020 with an increase of 46% against the previous year. Over the period under review, global imports attained the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, laptop and tablet computer imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +88.6% against 2016 indices. The growth pace was the most rapid in 2020 with an increase of 34% against the previous year. Over the period under review, global imports hit record highs in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, the United States (X units), distantly followed by the Netherlands (X units) and Germany (X units) were the main importers of laptops and palm-top computers, together committing 50% of total imports. Japan (X units), the UK (X units), Hong Kong SAR (X units), France (X units), India (X units), Canada (X units), the United Arab Emirates (X units), Australia (X units), South Korea (X units) and Russia (X units) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Netherlands (with a CAGR of +14.8%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported laptops and palm-top computers worldwide, comprising 26% of global imports. The second position in the ranking was taken by the Netherlands ($X), with a 10% share of global imports. It was followed by Germany, with a 7.7% share.

In the United States, laptop and tablet computer imports increased at an average annual rate of +3.4% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+12.0% per year) and Germany (+8.1% per year).

Import Prices by Country

In 2021, the average laptop and tablet computer import price amounted to $X per unit, growing by 4.8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 14%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+4.5%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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