Why should the world's Smart cards; Electronic circuits; LED lamps exporters prefer no.8 Viet Nam instead of no.3 Singapore? Bolg-95.
'The best way to predict the future is to create it.'
By Dr. Lade Vedkumar.
For the first time, we are introducing an innovative concept for additional electronics export generation.
Is it possible to predict major electronics products future export figures?
Can we forecast the size of the growing/bearish electronics export market?
Does that help you, if you know the future export size of your competing countries?
Yes, we are masters in these super specialty segments…
This is a product specific marketing in emerging, rather growing markets.
Many high growth products have magnificent potential in developed, developing or undeveloped countries.
We need to redefine our marketing strategy.
There should be aggressive marketing of a specific product in a rapidly expanding market.
In a neutral market simple marketing is going to work.
Presentation one:
Global exports of electronics equipment will increase from
$2.2 trillion to $3.0 trillion by 2021 to 2025. This is going to be the largest growing export industry in the world by 2021 to 2025.
Why should the world's Smart cards; Electronic circuits; LED lamps exporters prefer no.8 Viet Nam instead of no.3 Singapore?
(Share this wisdom)
#electronics #export #world
The world market for Smart cards, Electronic circuits and LED lamps (SEL) will increase from $689.2 billion to $1.1 trillion by 2021-2025.
This will be the largest product wise rise by 2021-25.
1) The import market for SEL in Viet Nam will grow from $24.3 billion to $54.1 billion by 2021 to 2025.
That's more than twice.
Important note:
Best results can be found in the countries having larger value difference between 2021 export and prospects of 2025.
As per above note, Viet Nam will create additional SEL import space of $29.8 billion.
Why will Viet Nam's SEL import market increase?
Is it important to understand the wisdom of the above question?
Yes of course, you must always have an eagle eye on your competitor country's supply. Here, the destination market is Viet Nam.
Three competing nations in the Vietnamese SEL import market will be South Korea, Taiwan and China. Considering the criteria of larger difference between the 2021 exports and prospects by 2025.
This represents the average export values of below countries to Viet Nam.
South Korea:
2021: $10.3 billion dollars,
2025: $21.4 billion dollars.
Taiwan:
2021: $2.0 billion dollars,
2025: $7.7 billion dollars.
China:
2021: $4.1 billion dollars,
2025: $9.7 billion dollars.
United States of America:
2021: $2.3 billion dollars,
2025: $1.1 billion dollars.
The United States of America's SEL exports will decline in Viet Nam by 2021-25.
2) The Singapore SEL import market will increase from $48.4 billion to $58.7 billion by 2021-25.
Singapore will create additional SEL import space of $10.3 billion.
Who will be Singapore SEL import market competitors?
Three competing countries in the Singapore SEL market will be Malaysia, China and Viet Nam.
These are average export values of below countries SEL in Singapore by 2021 and prospects by 2025.
Malaysia:
2021: $8.9 billion dollars,
2025: $14.1 billion dollars.
China:
2021: $5.1 billion dollars,
2025: $8.5 billion dollars.
Viet Nam:
2021: $289.3 million dollars,
2025: $1.3 billion dollars.
South Korea:
2021: $5.4 billion dollars,
2025: $5.3 billion dollars.
South Korea's export of SEL will decline in Singapore by 2021-25.
Interesting Comparison:
Comparison of countries having larger value difference between 2021 export and prospects of 2025 Vs countries with smaller value difference between 2021-25.
Viet Nam +29.8 bn Vs Singapore 10.3 bn (relatively saturated market in the next 5 years)
"Now consider the scenario where you are not familiar with the above insight. Even though you are efficiently marketing in Singapore and simply marketing in Viet Nam. You don't grow in both scenarios. If you have the complete insight. You can generate additional export revenue at a great pace"
That's the 'Power of Knowledge'
SEL Top Importing Sub-Regions, By 2021-2025?
East Asia :
2021: $421.0 bn,
2025: $662.9 bn.
East Asia will be a great SEL market.
Exclusive conclusion:
Smart cards; Electronic circuits; LED lamps export market needs aggressive marketing in Viet Nam and other fast-growing markets. In saturated markets, simple marketing will work.
We have enlightened two countries in the above valuable content.
We can offer an exclusive report or we can deliver a workshop to the electronics association or companies.
What's in it for me in the report/workshop?
What will be the most amazing countries contributing $1.1 trillion enormous SEL import demand?
Why will the largest SEL importer market increase from $184.1 bn to $359.6 bn by 2021-25?
Why should SEL exporters favour Malaysia over South Korea?
Why should SEL exporters prefer the Philippines instead of Japan?
Which will be the top SEL exporting countries and what will be their export market share by 2021 to 2025?
What will be your country specific electronics products top export markets by 2021-25?
The Post Covid era has drastically changed the demand and supply equation of most countries. It's absolutely surprising to see the new countries.
We are capable of demonstrating below product insights.
Electronic equipment:
1. Smart cards; electronic integrated circuits; LED lamps.
2. Mobile and Telephone sets.
Why should mobile exporters prefer no.14 India instead of no.5 Japan?
Why will the biggest mobile importing market increase from $92.3 bn to $115.7 bn?
What will be the top countries contributing $431.0 billion of huge import demand by 2021-25?
Which will be the top mobile exporting countries and what will be their export market share by 2021 to 2025?
3. Computers.
Why should computer exporters prefer no.10 India instead of no.3 Hong Kong?
Why will the computer biggest importing market increase from $69.7 bn to $84.2 bn?
What will be the top computer importing countries contributing $273.7 billion of huge import demand by 2021-25?
Which will be the top computers exporting countries and what will be their export market share by 2021 to 2025?
_________________________
4. Mobile parts.
Why should mobile parts exporters prefer no.4 India instead of no.1 Hong Kong?
Why will the biggest mobile parts importing market increase from $25.9 bn to $53.2 bn?
What will be the top mobile parts countries contributing $244.6 billion of huge import demand by 2021-25?
First six digits indicate HS code.
5. 854140 Photosensitive semiconductor devices.
Why should semiconductor exporters prefer China instead of no.1 USA?
Why will the futures biggest semiconductor importing market increase from $5.8 bn to $12.1 bn?
What will be the top semiconductor countries contributing $75.4 billion of huge import demand by 2021-25?
6. 847170 Computer hard disk drives.
Why should hard disk exporters prefer Mexico instead of Hong Kong?
Why will the biggest hard disk importing market increase from $10.3 bn to $15.6 bn?
What will be the top hard disk countries contributing $84.9 billion of import demand by 2021-25?
7. Reception apparatus for television/TV receptors.
Why should TV receptor exporters prefer Mexico instead of Germany?
Why will the biggest TV receptor importing market increase from $15.9 bn to $20.1 bn?
What will be the top TV receptors countries contributing $74.4 billion of import demand by 2021-25?
8. 853400 Printed circuits.
Why should printed circuit exporters prefer Viet Nam instead of Hong Kong?
Why will the biggest printed circuit importing market increase from $6.5 bn to $13.4 bn?
What will be the top printed circuits countries contributing $62.5 billion of import demand by 2021-25?
9. 852580 Television cameras.
Why should TV camera exporters prefer China instead of the USA?
Why will the biggest TV camera importing market increase from $3.0 bn to $6.2 bn?
What will be the top TV camera countries contributing $46.6 billion of import demand by 2021-25?
10. Monitors, other than for computers.
Why should monitor exporters prefer Germany instead of the Netherlands?
Why will the biggest monitor importing market increase from $7.3 bn to $9.3 bn?
What will be the top monitor countries contributing $36.4 billion of import demand by 2021-25?
11. 854129 Transistors >=1W.
Why should transistor exporters prefer China instead of Hong Kong?
Why will the biggest transistor importing market increase from $2.3 bn to $4.7 bn?
What will be the top transistor countries contributing $23.1 billion of import demand by 2021-25?
12. 853224 Fixed electrical capacitors, ceramic dielectric, multilayer/capacitor
Why should capacitor exporters prefer Viet Nam instead of Germany?
Why will the biggest capacitor importing market increase from $3.7 bn to $7.1 bn?
What will be the top capacitor countries contributing $21.3 billion of import demand by 2021-25?
13. 847180 Data processing units/DPU.
Why should DPU exporters prefer the Netherlands instead of Hong Kong?
Why will the biggest DPU importing market increase from $3.3 bn to $4.0 bn?
What will be the top DPU countries contributing $23.3 billion of import demand by 2021-25?
14. 851830 Head and earphones.
Why should headphone exporters prefer China instead of the USA?
Why will the biggest headphone importing market increase from $1.4 bn to $2.9 bn?
What will be the top headphone countries contributing $16.0 billion of import demand by 2021-25?
15. 854110 Diodes.
Why should diode exporters prefer China instead of Hong Kong?
Why will the biggest diode importing market increase from $1.3 bn to $2.7 bn?
What will be the top diode countries contributing $13.7 billion of import demand by 2021-25?
16. 854190 Parts of diodes, transistors & similar semiconductor devices.
Why should diode parts exporters prefer Malaysia instead of Singapore?
Why will the biggest diode parts importing market increase from $2.2 bn to $3.6 bn?
What will be the top diode parts countries contributing $10.8 billion of import demand by 2021-25?
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Note: All the values are in an US dollar. Prices may vary as per the market demand and dollar value fluctuation. 2021's average export value can be equivalent to or lower than export values recorded in other trade databases. The average value is the essence of the reliable reports of the last five years. Six digits HS code was used for the insight as it is a standard protocol HS code used for research purposes.
'Professionals work. Experts create results. Authorities predict the future. DECIDE which one you are going to follow'
Research source:
1. World Trade Organization, Trade forecast.
2. World Bank WITS.
3. International Trade Centre.
Research access duration:
June 2021
© 2020-25 Future Export Vision.
Other valuable links:
Amazon global selling guide:
Why should Taiwan electronics exporters prefer no.7 USA instead of no.2 Hong Kong? Blog-61
https://futureexportvision.blogspot.com/2021/01/why-will-taiwans-electronic-products.html
Why Are These The World's Top 10 Export Products, By 2021-24?
https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-10-exports-by.html
Why Are These The World's Top 10 Exporting Countries, By 2021-24?
https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-10-export.html
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