Eastern Asia: Vehicle Speedometer Market 2020

Vehicle Speedometer Market Size in Eastern Asia

The revenue of the vehicle speedometer market in Eastern Asia amounted to $X in 2017, reducing by -X% against the previous year. The total market indicated a mild increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. The level of vehicle speedometer consumption peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Vehicle Speedometer Production in Eastern Asia

The vehicle speedometer production totaled X units in 2017, growing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. The growth pace was the most rapid in 2011, when it surged by X% year-to-year. The volume of vehicle speedometer production peaked in 2017, and is expected to retain its growth in the near future.

Vehicle Speedometer Exports in Eastern Asia

In 2017, the amount of vehicle speed indicators exported in Eastern Asia totaled X units, jumping by X% against the previous year. The vehicle speedometer exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2014, with an increase of X% year-to-year. Over the period under review, the vehicle speedometer exports reached its peak figure volume in 2017, and are likely to see steady growth in the near future.

In value terms, vehicle speedometer exports totaled $X in 2017. The vehicle speedometer exports continue to indicate a prominent expansion. Over the period under review, the vehicle speedometer exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Vehicle Speedometer Exports by Country in Eastern Asia

Japan (X units) and China (X units) represented roughly X% of total exports of vehicle speed indicators in 2017. It was distantly followed by South Korea (X units), making up X% share of total exports. Taiwan, Chinese (X units) and China, Hong Kong SAR (X units) held the mild share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest vehicle speedometer markets worldwide were Japan ($X), China ($X) and Taiwan, Chinese ($X), with a combined X% share of total exports.

Japan (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Vehicle Speedometer Export Prices by Country in Eastern Asia

The vehicle speedometer export price in Eastern Asia stood at $X per unit in 2017, falling by -X% against the previous year. The vehicle speedometer export price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2010, when the export prices increased by X% against the previous year. The level of export price peaked of $X per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China, Hong Kong SAR ($X per unit), while South Korea ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Vehicle Speedometer Imports in Eastern Asia

In 2017, the amount of vehicle speed indicators imported in Eastern Asia stood at X units, coming down by -X% against the previous year. The vehicle speedometer imports continue to indicate a significant descent. The pace of growth was the most pronounced in 2013, with an increase of X% against the previous year. In that year, the vehicle speedometer imports reached their peak volume of X units. From 2014 to 2017, growth of the vehicle speedometer imports failed to regain its momentum.

In value terms, vehicle speedometer imports stood at $X in 2017. The vehicle speedometer imports continue to indicate a prominent growth. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Vehicle Speedometer Imports by Country in Eastern Asia

In 2017, Japan (X units) was the largest importer for vehicle speed indicators, achieving X% of total imports. China (X units) occupied the second position in the ranking, followed by South Korea (X units) and Taiwan, Chinese (X units). All these countries together held near X% share of total imports. China, Hong Kong SAR (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to vehicle speedometer imports into Japan stood at -X%. At the same time, South Korea (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, China (-X%), China, Hong Kong SAR (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. While the share of Japan (X%), Taiwan, Chinese (X%), China, Hong Kong SAR (X%) and China (X%) increased significantly in terms of the global imports from 2007-2017, the share of South Korea (-X%) displayed negative dynamics.

In value terms, the largest vehicle speedometer markets worldwide were Japan ($X), China ($X) and South Korea ($X), together comprising X% of total imports.

South Korea (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Vehicle Speedometer Import Prices by Country in Eastern Asia

The vehicle speedometer import price in Eastern Asia stood at $X per unit in 2017, increasing by X% against the previous year. The import price indicated a remarkable expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vehicle speedometer import price increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2017, an increase of X% against the previous year. In that year, the import prices for vehicle speed indicators attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China ($X per unit), while Taiwan, Chinese ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform