ASEAN: Blow-Moulding Machine Market 2024

Blow-Moulding Machine Market Size in ASEAN

The ASEAN blow-moulding machine market surged to $X in 2022, with an increase of X% against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Blow-Moulding Machine Production in ASEAN

In value terms, blow-moulding machine production reduced modestly to $X in 2022 estimated in export price. The total production indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Blow-Moulding Machine Exports

Exports in ASEAN

In 2022, overseas shipments of blow-moulding machines for working rubber or plastics decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, blow-moulding machine exports dropped rapidly to $X in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell sharply in the following year.

Exports by Country

The biggest shipments were from Malaysia (X units), Thailand (X units) and Singapore (X units), together finishing at X% of total export. It was distantly followed by Vietnam (X units), mixing up a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Thailand ($X) remains the largest blow-moulding machine supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with an X% share of total exports. It was followed by Vietnam, with a X% share.

In Thailand, blow-moulding machine exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, growing by X% against the previous year. Overall, the export price enjoyed a remarkable increase. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced mixed trends in the export price figures.

Blow-Moulding Machine Imports

Imports in ASEAN

In 2022, approx. X units of blow-moulding machines for working rubber or plastics were imported in ASEAN; shrinking by X% on 2021 figures. Overall, imports saw a noticeable downturn. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, blow-moulding machine imports expanded modestly to $X in 2022. In general, imports showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of blow-moulding machine imports in 2022 were the Philippines (X units), Vietnam (X units), Indonesia (X units), Thailand (X units) and Malaysia (X units), together resulting at X% of total import. It was distantly followed by Singapore (X units) and Cambodia (X units), together achieving a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest blow-moulding machine importing markets in ASEAN were Indonesia ($X), Vietnam ($X) and Thailand ($X), with a combined X% share of total imports.

Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, growing by X% against the previous year. Overall, the import price, however, continues to indicate a slight shrinkage. Over the period under review, import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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