Global Video Monitor Market 2024

Video Monitor Market Size

For the eighth year in a row, the global video monitor market recorded growth in sales value, which increased by 0.7% to $X in 2021. Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +57.8% against 2013 indices. Global consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Video Monitor Production

In value terms, video monitor production reduced to $X in 2021 estimated in export price. In general, the total production indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +69.6% against 2013 indices. The pace of growth appeared the most rapid in 2018 with an increase of 15%. Global production peaked at $X in 2020, and then fell slightly in the following year.

Video Monitor Exports

Exports

In 2021, overseas shipments of video monitors increased by 9.3% to X units, rising for the fifth consecutive year after two years of decline. Over the period under review, total exports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +4.2% 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 +68.6% against 2016 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 17% against the previous year. Over the period under review, the global exports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, video monitor exports soared to $X in 2021. In general, total exports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% 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 +62.9% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, amounting to X units, which was approx. 55% of total exports in 2021. It was distantly followed by the Netherlands (X units), achieving a 9.7% share of total exports. Mexico (X units), the Czech Republic (X units), Poland (X units), Hong Kong SAR (X units), the United States (X units), Germany (X units), Japan (X units), Taiwan (Chinese) (X units), Vietnam (X units) and Thailand (X units) held a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to video monitor exports from China stood at +5.3%. At the same time, Vietnam (+41.5%), the Czech Republic (+22.8%), Poland (+19.8%), Mexico (+11.6%), Taiwan (Chinese) (+8.0%), the Netherlands (+7.3%) and Thailand (+4.1%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +41.5% from 2012-2021. Japan experienced a relatively flat trend pattern. By contrast, Germany (-1.5%), the United States (-4.6%) and Hong Kong SAR (-5.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China, the Czech Republic, Poland, the Netherlands and Mexico increased by +5.3, +2.9, +2.4, +2.3 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest video monitor supplier worldwide, comprising 49% of global exports. The second position in the ranking was taken by the Netherlands ($X), with a 12% share of global exports. It was followed by Poland, with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +6.1%. In the other countries, the average annual rates were as follows: the Netherlands (+8.8% per year) and Poland (+20.5% per year).

Export Prices by Country

In 2021, the average video monitor export price amounted to $X per unit, with an increase of 10% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 10%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the other global leaders experienced more modest paces of growth.

Video Monitor Imports

Imports

In 2021, overseas purchases of video monitors increased by 15% to X units, rising for the fifth year in a row after four years of decline. The total import volume increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, video monitor imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 units), distantly followed by the Netherlands (X units) and Germany (X units) were the major importers of video monitors, together creating 38% of total imports. Mexico (X units), France (X units), Japan (X units), the Czech Republic (X units), Thailand (X units), Poland (X units), South Korea (X units), the UK (X units), Russia (X units) and India (X units) followed a long way behind the leaders.

The United States experienced a relatively flat trend pattern with regard to volume of imports of video monitors. At the same time, Poland (+23.3%), the Czech Republic (+12.5%), Thailand (+11.6%), France (+9.7%), the Netherlands (+6.8%), Russia (+3.4%), Japan (+2.2%) and Mexico (+1.2%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +23.3% from 2012-2021. South Korea, Germany and the UK experienced a relatively flat trend pattern. By contrast, India (-2.8%) illustrated a downward trend over the same period. The Netherlands (+3 p.p.), Poland (+2.4 p.p.), the Czech Republic (+1.7 p.p.), France (+1.6 p.p.) and Thailand (+1.6 p.p.) significantly strengthened its position in terms of the global imports, while the United States saw its share reduced by -4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest video monitor importing markets worldwide were the United States ($X), the Netherlands ($X) and Germany ($X), together accounting for 43% of global imports. These countries were followed by Japan, the UK, Poland, France, the Czech Republic, South Korea, Russia, Mexico, India and Thailand, which together accounted for a further 25%.

In terms of the main importing countries, Poland, with a CAGR of +22.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average video monitor import price amounted to $X per unit, increasing by 5.7% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 7.5%. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per unit), while Mexico ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+4.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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