Asia: Computing Machinery Market 2024

Computing Machinery Market Size in Asia

In 2022, after five years of decline, there was significant growth in the Asian computing machinery market, when its value increased by X% to $X. The total consumption indicated a resilient 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. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Computing Machinery Production in Asia

In value terms, computing machinery production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2016 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Computing Machinery Exports

Exports in Asia

In 2022, shipments abroad of computing machinery and parts and accessories thereof decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. Overall, exports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, computing machinery exports shrank to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

China prevails in exports structure, accounting for X units, which was near X% of total exports in 2022. Vietnam (X units) held the second position in the ranking, followed by Thailand (X units) and Hong Kong SAR (X units). All these countries together took near X% share of total exports. Singapore (X units), Malaysia (X units), Japan (X units), Taiwan (Chinese) (X units), Indonesia (X units), the Philippines (X units) and South Korea (X units) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of X% from 2012 to 2022. At the same time, Taiwan (Chinese) (X%), Thailand (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%), Singapore (X%), Japan (X%), South Korea (X%), Malaysia (X%), Hong Kong SAR (X%) and the Philippines (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Thailand, Vietnam and Taiwan (Chinese) increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, computing machinery exports remained relatively stable over the period from 2012-2022. 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

The export price in Asia stood at $X per unit in 2022, approximately equating the previous year. Export price indicated measured growth from 2012 to 2022: its price 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, computing machinery export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2016 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

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

Computing Machinery Imports

Imports in Asia

Computing machinery imports reduced slightly to X units in 2022, with a decrease of X% on the previous year's figure. Over the period under review, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, computing machinery imports stood at $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; 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. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X units), Hong Kong SAR (X units) and Japan (X units) represented the key importer of computing machinery and parts and accessories thereof in Asia, achieving X% of total import. Indonesia (X units) took the next position in the ranking, followed by Singapore (X units), India (X units), South Korea (X units) and the United Arab Emirates (X units). All these countries together held near X% share of total imports. The following importers - Taiwan (Chinese) (X units), Thailand (X units), Malaysia (X units), Vietnam (X units) and the Philippines (X units) - together made up X% of total imports.

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

In value terms, the largest computing machinery importing markets in Asia were China ($X), Hong Kong SAR ($X) and Japan ($X), together comprising X% of total imports. Singapore, India, South Korea, Taiwan (Chinese), the United Arab Emirates, Thailand, Indonesia, Malaysia, Vietnam and the Philippines lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2022, the import price in Asia amounted to $X per unit, picking up by X% against the previous year. Import price indicated strong growth from 2012 to 2022: its price 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, computing machinery import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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