World - Mounted Piezo-Electric Crystals - Market Analysis, Forecast, Size, Trends And Insights
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The article discusses the projected growth of the global mounted piezo-electric crystals market from 2022 to 2030, with an anticipated increase in market volume and value. Consumption and production patterns are analyzed, with insights into key importing and exporting countries. The report highlights trends in consumption per capita, production, imports, and exports, providing a comprehensive overview of the market dynamics.
Market Forecast
Driven by increasing demand for mounted piezo-electric crystals worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +4.5% for the period from 2022 to 2030, which is projected to bring the market volume to 112B units by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +7.1% for the period from 2022 to 2030, which is projected to bring the market value to $183.7B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Mounted Piezo-Electric Crystals
In 2022, global mounted piezo-electric crystals consumption reached 79B units, stabilizing at the previous year. Over the period under review, consumption recorded a buoyant expansion. Global consumption peaked in 2022 and is likely to continue growth in years to come.
The global mounted piezo-electric crystals market size amounted to $106B in 2022, rising by 2.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +92.4% against 2012 indices. Global consumption peaked in 2022 and is likely to see gradual growth in the near future.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (12B units), Japan (11B units) and the United States (7B units), together comprising 38% of global consumption.
From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +18.4%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, Russia ($33.7B), India ($33.2B) and Pakistan ($5.1B) were the countries with the highest levels of market value in 2022, together accounting for 68% of the global market. China, Indonesia, Japan, the United States, Germany, France, Bangladesh, Mexico, South Korea and the UK lagged somewhat behind, together accounting for a further 5.3%.
In terms of the main consuming countries, Japan, with a CAGR of +14.7%, saw the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
In 2022, the highest levels of mounted piezo-electric crystals per capita consumption was registered in Japan (85 units per person), followed by France (34 units per person), South Korea (30 units per person) and the UK (29 units per person), while the world average per capita consumption of mounted piezo-electric crystals was estimated at 10 units per person.
In Japan, mounted piezo-electric crystals per capita consumption expanded at an average annual rate of +18.8% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: France (+7.6% per year) and South Korea (+8.3% per year).
Production
World Production of Mounted Piezo-Electric Crystals
In 2022, global production of mounted piezo-electric crystals shrank to 77B units, with a decrease of -7.7% against 2021. Overall, the total production indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +84.9% against 2012 indices. The growth pace was the most rapid in 2016 when the production volume increased by 15% against the previous year. Global production peaked at 84B units in 2021, and then contracted in the following year.
In value terms, mounted piezo-electric crystals production stood at $103.6B in 2022 estimated in export price. Over the period under review, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.8% 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 -0.4% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 21% against the previous year. Over the period under review, global production reached the peak level at $104B in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.
Production By Country
Japan (24B units) constituted the country with the largest volume of mounted piezo-electric crystals production, accounting for 31% of total volume. Moreover, mounted piezo-electric crystals production in Japan exceeded the figures recorded by the second-largest producer, the United States (5.5B units), fourfold. Singapore (3.7B units) ranked third in terms of total production with a 4.8% share.
In Japan, mounted piezo-electric crystals production increased at an average annual rate of +8.0% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: the United States (+21.6% per year) and Singapore (+3.1% per year).
Imports
World Imports of Mounted Piezo-Electric Crystals
After ten years of growth, overseas purchases of mounted piezo-electric crystals decreased by -17.6% to 71B units in 2022. Over the period under review, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 26% against the previous year. Over the period under review, global imports reached the maximum at 86B units in 2021, and then fell notably in the following year.
In value terms, mounted piezo-electric crystals imports contracted to $9.1B in 2022. The total import value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of $10.1B, and then dropped in the following year.
Imports By Country
In 2022, China (31B units) represented the largest importer of mounted piezo-electric crystals, creating 44% of total imports. Hong Kong SAR (14B units) held the second position in the ranking, distantly followed by Taiwan (Chinese) (7.1B units). All these countries together took approx. 29% share of total imports. Japan (2.3B units), the United States (1.9B units), Singapore (1.9B units), Malaysia (1.6B units), Romania (1.3B units), India (1.3B units) and Thailand (1.2B units) followed a long way behind the leaders.
Imports into China increased at an average annual rate of +6.7% from 2012 to 2022. At the same time, Taiwan (Chinese) (+47.1%), Romania (+31.5%), India (+8.7%), Hong Kong SAR (+5.6%), the United States (+3.2%), Malaysia (+1.6%), Thailand (+1.5%) and Singapore (+1.4%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in the world, with a CAGR of +47.1% from 2012-2022. By contrast, Japan (-2.1%) illustrated a downward trend over the same period. While the share of Taiwan (Chinese) (+9.7 p.p.) and Romania (+1.7 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Singapore (-1.7 p.p.), Hong Kong SAR (-1.9 p.p.) and Japan (-4.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($2.9B) constitutes the largest market for imported mounted piezo-electric crystals worldwide, comprising 32% of global imports. The second position in the ranking was taken by Hong Kong SAR ($1.2B), with a 13% share of global imports. It was followed by Taiwan (Chinese), with an 8% share.
From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to +2.9%. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (+1.5% per year) and Taiwan (Chinese) (+35.1% per year).
Import Prices By Country
The average mounted piezo-electric crystals import price stood at $0.1 per unit in 2022, rising by 9.2% against the previous year. Overall, the import price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 14% against the previous year. Global import price peaked at $0.2 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($0.2 per unit), while Romania (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+0.1%), while the other global leaders experienced a decline in the import price figures.
Exports
World Exports of Mounted Piezo-Electric Crystals
In 2022, after ten years of growth, there was significant decline in overseas shipments of mounted piezo-electric crystals, when their volume decreased by -23.8% to 69B units. Over the period under review, total exports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 28% against the previous year. Over the period under review, the global exports reached the peak figure at 91B units in 2021, and then contracted significantly in the following year.
In value terms, mounted piezo-electric crystals exports fell significantly to $7.9B in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when exports increased by 26%. The global exports peaked at $9.5B in 2021, and then declined significantly in the following year.
Exports By Country
The shipments of the three major exporters of mounted piezo-electric crystals, namely China, Japan and Hong Kong SAR, represented more than two-thirds of total export. Taiwan (Chinese) (7.9B units) ranks next in terms of the total exports with a 12% share, followed by Singapore (8%). Malaysia (1.8B units) and Thailand (1.4B units) held a little share of total exports.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Hong Kong SAR (with a CAGR of +7.1%), while the other global leaders experienced more modest paces of growth.
In value terms, China ($1.6B), Hong Kong SAR ($1.4B) and Japan ($1.2B) were the countries with the highest levels of exports in 2022, together accounting for 53% of global exports.
In terms of the main exporting countries, Hong Kong SAR, with a CAGR of +6.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2022, the average mounted piezo-electric crystals export price amounted to $0.1 per unit, with an increase of 9.5% against the previous year. In general, the export price, however, continues to indicate a mild curtailment. Over the period under review, the average export prices reached the peak figure at $0.1 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($0.1 per unit), while Japan ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+0.1%), while the other global leaders experienced a decline in the export price figures.
This report provides an in-depth analysis of the global mounted piezo-electric crystals market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26112280 - Mounted piezo-electric crystals (including quartz, oscillator and resonators)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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