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Analysis and Studies - Products analysis

Image projectors: import and export

By SkyMinder Sales Enablement Team November 5th 2024

Projectors are essential tools for displaying images and videos on larger surfaces, transforming presentations and entertainment experiences. They use light and lens systems to project visuals, making them ideal for various environments.

There are several types of projectors, each with unique features and benefits. For instance, LCD projectors offer a vibrant color reproduction, while DLP projectors are known for high contrast and smooth motion, making them suitable for fast-moving images. LED projectors are energy-efficient and have longer-lasting light sources, contributing to lower maintenance costs. Moreover, modern projectors are equipped with advanced technology, such as wireless connectivity, allowing users to project content directly from laptops or mobile devices without cables, and interactive projectors enable touch functionality, further enhancing engagement during educational sessions or meetings.

In addition to their practical applications, projectors have become increasingly versatile, serving not only as visual aids but also as central elements in home entertainment systems: with the ability to create large-screen experiences, they offer an immersive alternative to traditional TVs.

In 2022, image projectors were the world's 1127th most traded product, with a total trade of $250M, and between 2021 and 2022 the exports decreased by -6.92%, from $269M to $250M.

In 2022 the country which exported the product the most was China, with a trade of $91.3M, ahead of Vietnam ($28.9M), Singapore ($18.2M), United States ($16.7M), and Germany ($12.8M). Whereas the most significant importer was the United States, with a trade of $47M, followed by China ($30.4M), Malaysia ($21.6M), Japan ($10.2M), and Hong Kong ($9.93M).

The export market reveals China's clear leadership, showing its strong position in electronics manufacturing. Vietnam follows, and shows heavily dependence on Chinese imports, which positions it as a vital export hub for Europe, particularly for countries like Czechia and Poland.

 

Singapore serves as an important distribution point, sourcing projectors mainly from Malaysia and Vietnam, while the United States balances its role as both an importer of Chinese projectors and an exporter to markets such as Mexico and Germany. Germany’s substantial imports from both China and the United States further illustrate its reliance on these key suppliers, highlighting the complex and interconnected nature of global trade in the electronics sector.

  1. China (36.5%): 22.5% United States, 9.27% Hong Kong, 7.06% Japan, 6.46% Singapore, 6.44% Malaysia, 3.69% Australia, 3.4% South Korea, 3.14% United Kingdom, 2.58% Germany, 2.4% Belgium, 2.37% Vietnam, 2.31% Philippines
  2. Vietnam (11.5%): 71.4% China, 18% Czechia, 6.81% Poland, 2.87% United States
  3. Singapore (7.27%): 77.2 % Malaysia, 17.4% 2.07% Hong Kong
  4. United States (6.67%): 12.9% China, 8.14% Mexico,07% Germany, 8.71% Paraguay, 4.77% Netherlands, 4.27% United Kingdom, 3.47% Canada, 3.45% Hong Kong, 3.34% South Korea, 3.32% Australia, 3.12% Japan, 2.46% Spain, 2.39% Malaysia, 1.6% Peru
  5. Germany (5.09%): 32.8% China, 26.3% United States, 5.04% United Kingdom, 3.14% France, 3% South Africa, 2.99% India, 2.94% Switzerland, 2.04% Poland, 1.9% Austria, 1.66% Japan, 1.19% Malaysia

We can observe that the United States emerges as the leading importer of image projectors, heavily relying on China for a significant portion of its supply: this highlights China's dominant position in the market, with other important suppliers to the United States including the Philippines, Mexico, and Germany, indicating a diverse sourcing approach.

China itself ranks as a major importer, primarily sourcing from Vietnam, which plays a crucial role in supplying the Chinese market. Malaysia also figures into the equation, primarily importing projectors from Singapore and China, while Japan and Hong Kong look to China as their main source of imports. Overall, these dynamics illustrate the intricate web of global trade in image projectors, marked by complex dependencies and regional trading relationships.

  1. United States (18.8%): 43.6% China, 11.7% Philippines, 8.11% Mexico, 7.13% Germany, 5.46% Cambodia, 5.23% South Korea, 4.34% Chinese Taipei, 2.85% Canada, 1.76% Vietnam, 1.61% Denmark
  2. China (12.2%): 67.7% Vietnam, 13.7% Germany, 7.08% United States, 3.82% China, 2.02% South Korea, 1.05% Hong Kong
  3. Malaysia (8.61%): 65.2% Singapore, 27.3% China, 4.67% Hong Kong, 1.85% United States, 0.71% Germany
  4. Japan (4.06%): 63.5% China, 10.6% Chinese Taipei. 8.2% South Korea, 5.13% United States, 4.48% Hong Kong, 2.71% Philippines, 2.08% Germany, 1.21% United Kingdom
  5. Hong Kong (3.97%): 85.2% China, 5.8% United States, 3.79% Singapore, 1.67% Chinese Taipei

Between 2021 and 2022, the fastest growing exporter was China, with an increase of $7.8M, ahead of Hong Kong ($2.97M), United Arab Emirates ($2.01M), Singapore ($1.28M), and France ($1.25M).

 

 

  1. China: from $83.5M to $91.3M
  2. Hong Kong: from $2.24M to $5.21M
  3. United Arab Emirates: from $1.3M to $3.31M
  4. Singapore: from $16.9M to $18.2M
  5. France: from $3.11M to $4.36M

China was also the country with the fastest growth in imports, with an increase of $8.77M, followed by Lithuania ($2.66M), Vietnam ($2.65M), United States ($2.62M), and Philippines ($2.05M).

 

 

  1. China: from $21.7M to $30.4M
  2. Lithuania: from $242k to $2.9M
  3. Vietnam: from $2.92M to $5.57M
  4. United States: from $44.4M to $47M
  5. Philippines: from $2.37M to $4.42M

Sources: 

https://oec.world/en