Global Resistor Market 2024

Resistor Market Size

The global resistor market expanded rapidly to $X in 2022, rising by X% against the previous year. In general, the total consumption indicated a strong 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. Based on 2022 figures, consumption decreased by X% against 2020 indices. Global consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Resistor Production

In value terms, resistor production rose modestly to $X in 2022 estimated in export price. In general, the total production indicated a strong 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. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Global production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Resistor Exports

Exports

Global resistor exports rose modestly to X units in 2022, growing by X% compared with the year before. Over the period under review, exports posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, resistor exports amounted to $X in 2022. Overall, total exports indicated a remarkable 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. Based on 2022 figures, exports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

China dominates exports structure, recording X units, which was approx. X% of total exports in 2022. It was distantly followed by Hong Kong SAR (X units) and Germany (X units), together generating a X% share of total exports. Slovakia (X units), Taiwan (Chinese) (X units), Singapore (X units), the Netherlands (X units), Japan (X units), Indonesia (X units), the United States (X units), Belgium (X units), France (X units) and Thailand (X units) took a relatively small share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Slovakia (X%), Belgium (X%), France (X%), the Netherlands (X%), Germany (X%), Singapore (X%), Indonesia (X%), Thailand (X%), Taiwan (Chinese) (X%), Japan (X%) and Hong Kong SAR (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, the United States (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) and Slovakia (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Taiwan (Chinese) (X p.p.), Japan (X p.p.), the United States (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, resistor exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average resistor export price amounted to $X per thousand units, remaining stable against the previous year. In general, the export price recorded a slight contraction. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per thousand units in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per thousand units), while Slovakia ($X per thousand units) was amongst the lowest.

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

Resistor Imports

Imports

For the third year in a row, the global market recorded growth in overseas purchases of electrical resistors (except heating resistors), which increased by X% to X units in 2022. Overall, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Global imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, resistor imports reached $X in 2022. Over the period under review, total imports indicated a remarkable 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. Based on 2022 figures, imports increased by X% against 2014 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, global imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Hungary (X units) and Mexico (X units) prevails in imports structure, together generating X% of total imports. China (X units) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported electrical resistors (except heating resistors) worldwide, comprising X% of global imports. The second position in the ranking was taken by Mexico ($X), with a X% share of global imports.

In China, resistor imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Hungary (X% per year).

Import Prices by Country

In 2022, the average resistor import price amounted to $X per thousand units, which is down by X% against the previous year. In general, the import price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Global import price peaked at $X per thousand units in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per thousand units), while Hungary (less than $X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform