Global Transmission Apparatus Market 2024

Transmission Apparatus Market Size

In 2023, the global transmission apparatus market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the global market attained the maximum level at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.

Transmission Apparatus Production

In value terms, transmission apparatus production stood at $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2023, global production growth remained at a somewhat lower figure.

Transmission Apparatus Exports

Exports

In 2023, the amount of transmission apparatus incorporating reception apparatus exported worldwide reached X units, approximately equating the previous year. Overall, exports, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the global exports attained the maximum at X units in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

In value terms, transmission apparatus exports rose modestly to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the global exports reached the peak figure at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

China was the largest exporter of transmission apparatus incorporating reception apparatus in the world, with the volume of exports accounting for X units, which was near X% of total exports in 2023. Vietnam (X units) took the second position in the ranking, followed by Hong Kong SAR (X units). All these countries together held near X% share of total exports. The following exporters - the United States (X units), India (X units) and the Netherlands (X units) - together made up X% of total exports.

Exports from China decreased at an average annual rate of X% from 2012 to 2023. At the same time, the Netherlands (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. The United States and India experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Vietnam, China and the Netherlands increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2023, the average annual growth rate of value in China amounted to X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

In 2023, the average transmission apparatus export price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, transmission apparatus export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The global export price peaked in 2023 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: 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 2023, 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.

Transmission Apparatus Imports

Imports

In 2023, approx. X units of transmission apparatus incorporating reception apparatus were imported worldwide; falling by X% compared with 2022. Over the period under review, imports showed a pronounced slump. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports reached the peak of X units. From 2015 to 2023, the growth of global imports remained at a lower figure.

In value terms, transmission apparatus imports amounted to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of global imports failed to regain momentum.

Imports by Country

The purchases of the three major importers of transmission apparatus incorporating reception apparatus, namely the United States, Hong Kong SAR and the United Arab Emirates, represented more than third of total import. The following importers - Russia (X units), Germany (X units), the Netherlands (X units), Japan (X units), Mexico (X units), the UK (X units), Austria (X units), France (X units), Italy (X units) and Bangladesh (X units) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Austria (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest transmission apparatus importing markets worldwide were the United States ($X), Hong Kong SAR ($X) and the United Arab Emirates ($X), together accounting for X% of global imports. Japan, Germany, the UK, the Netherlands, Italy, Russia, Mexico, Austria, France and Bangladesh lagged somewhat behind, together comprising a further X%.

Austria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average transmission apparatus import price stood at $X per unit in 2023, picking up by X% against the previous year. Overall, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2022 when the average import price increased by X%. Over the period under review, average import prices reached the maximum in 2023 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2023, 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