Top Exporters of Electrical Capacitors

In 2023, Japan led global exports in electrical capacitors at $4.45 billion, followed by Hong Kong at $4.19 billion and China at $4.02 billion. The United States and Germany trailed with exports valued at $1.43 billion and $1.1 billion, respectively. Compared to 2022, these figures showed modest growth in China and Japan, while the United States and Germany experienced minor declines. Over the last five years, Japan maintained a steady CAGR, indicative of robust performance in the sector. South Korea, Singapore, Malaysia, the Czech Republic, and Mexico accounted for smaller market shares.

Future trends to observe involve increased demand driven by advances in consumer electronics, automotive technologies, and renewable energy applications, potentially benefiting leading exporters. As electric vehicles and smart devices become more prevalent, capacitor technology such as supercapacitors might gain more substantial market traction and influence the global distribution of exports in the coming years.