In 2023, Japan emerged as the leading exporter of parts of electrical capacitors with a substantial increase of 5.33% from the previous year. Singapore and Mexico also showed notable positive trends with increases of 3.06% and 5.31%, respectively. The United States and Italy experienced significant declines, each falling by more than 30%. Despite challenges, Indonesia's exports surged notably by 82.27%. Malaysia and South Korea saw declines, while other countries like India, Ireland, and Luxembourg showed growth, attributed to competitive advantages and market demands.
Future trends to watch involve the growing demand for capacitor parts driven by the rise of electric vehicles and renewable energy sectors. Technological advancements in electronic devices may further spur demand, with Asia remaining a crucial player. Monitoring the geopolitical climate and supply chain dynamics will be vital in assessing future export fluctuations. Additionally, sustainability and localization efforts might influence trade patterns, affecting countries' export capabilities.
Top countries in Export of Parts of Electrical Capacitors by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 465,850,000 | 2023 | +3.41% | +5.33% | View data |
| 2 | 2 Singapore | 226,830,000 | 2023 | +3.91% | +3.06% | View data |
| 3 | 3 Mexico | 98,935,000 | 2023 | +3.99% | +5.31% | View data |
| 4 | 4 China | 94,482,000 | 2023 | +1.36% | +1.85% | View data |
| 5 | 5 Malaysia | 66,112,000 | 2023 | +2.84% | -0.47% | View data |
| 6 | 6 Germany | 60,477,000 | 2023 | +3.52% | +1.39% | View data |
| 7 | 7 South Korea | 17,851,000 | 2023 | -4.95% | -5.05% | View data |
| 8 | 8 India | 12,330,000 | 2023 | +4.43% | +2.18% | View data |
| 9 | 9 Ireland | 11,922,000 | 2023 | +1.52% | +1.61% | View data |
| 10 | 10 Thailand | 10,650,000 | 2023 | +2.07% | +2.62% | View data |
