Core Insights - The export scale of China's sputtering targets has been greater than imports in 2023, indicating a positive trend in the export market [1][2] - The import demand for sputtering targets is unstable and significantly affected by market fluctuations [2][8] Export and Import Scale - From 2015 to 2025, China's sputtering target export value fluctuated, increasing from $12.4 million in 2015 to $59.1 million in 2018, with a year-on-year growth rate exceeding 40% [1] - Exports dropped to $23.1 million in 2020 but gradually recovered, reaching $25.7 million in 2024, with a year-on-year increase of 0.59% [1] - In the first four months of 2025, the export value was $9.2 million, showing a year-on-year increase of 12.29% [1] Import Trends - China's sputtering target import value was $22 million in 2015, rising to $31.8 million in 2021, but fell to $20.9 million in 2023 [2] - Imports rebounded to $24.3 million in 2024, with a year-on-year increase of 16.17% [2] - In the first four months of 2025, the import value was $7.7 million, showing a slight year-on-year decrease of 4.01% [2] Export Destinations - In the first four months of 2025, China exported sputtering targets to 37 countries and regions, with Taiwan being the largest destination, accounting for 36% of total exports at $33.2 million [4] - South Korea was the second-largest destination with exports of $13.4 million, followed by Singapore, the USA, Japan, and Vietnam [4] Import Sources - The main sources of sputtering target imports in the first four months of 2025 were South Korea, Taiwan, and the USA, with a combined import value of $41.3 million, representing nearly 90% of total imports [8] Price Comparison - The average import price of sputtering targets was $215.70 per kilogram in January 2015, while the export price was $147.92 per kilogram [11] - By April 2025, the average import price had decreased to $182.05 per kilogram, while the export price was $102.14 per kilogram [11] - This indicates that there is still room for improvement in the competitiveness of domestic products in the high-end market [11]