In 2023, Japan led the global export market for mounted piezo-electric crystals with a 45.16% share, followed by China at 34.28% and Singapore at 8.41%. Malaysia and Thailand accounted for smaller shares of 4.25% and 2.89% respectively, while the United States held 1.28%. Other countries like New Zealand, Brazil, India, Russia, Moldova, and Belarus contributed less than 1% each.
Year-on-year variations showed China experiencing a growth of 3.56%, outpacing Japan’s 2.46% increase. Singapore showed a 2.27% rise, while Malaysia and Thailand grew at 2.38% and 2.96% respectively. Notably, New Zealand faced a decline of 5.87%. Smaller markets like Moldova showed significant growth with a 6.11% increase.
Future trends to watch include China's potential to close the gap with Japan due to its higher growth rate. The emerging markets may slightly increase their shares driven by technological advancements and lower production costs, while traditional leaders may face challenges sustaining their large market shares.
Top countries in Export of Mounted Piezo-Electric Crystals Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 45.16 | 2023 | +3.23% | +2.46% | View data |
| 2 | 2 China | 34.28 | 2023 | +3.1% | +3.56% | View data |
| 3 | 3 Singapore | 8.41 | 2023 | +1.85% | +2.27% | View data |
| 4 | 4 Malaysia | 4.25 | 2023 | +0.7% | +2.38% | View data |
| 5 | 5 Thailand | 2.89 | 2023 | +2.43% | +2.96% | View data |
| 6 | 6 United States | 1.28 | 2023 | +3.09% | +3% | View data |
| 7 | 7 New Zealand | 0.052 | 2023 | -4.84% | -5.87% | View data |
| 8 | 8 Brazil | 0.009 | 2023 | +0.54% | +0.42% | View data |
| 9 | 9 India | 0.008 | 2023 | +5% | +3.24% | View data |
| 10 | 10 Russia | 0.001 | 2023 | -0.34% | -1.83% | View data |
