ASEAN: Christmas Decoration Market 2024

Christmas Decoration Market Size in ASEAN

The ASEAN christmas decoration market expanded to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Christmas Decoration Production in ASEAN

In value terms, christmas decoration production expanded remarkably to $X in 2022 estimated in export price. The total production indicated a notable 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 2020 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Christmas Decoration Exports

Exports in ASEAN

After two years of growth, overseas shipments of christmas decoration decreased by X% to X units in 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of X%. The volume of export peaked at X units in 2021, and then dropped in the following year.

In value terms, christmas decoration exports declined to $X in 2022. Over the period under review, exports, however, showed a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Thailand (X units) and Cambodia (X units) were the main exporters of christmas decoration in 2022, recording near X% and X% of total exports, respectively. Indonesia (X units) held the next position in the ranking, followed by Vietnam (X units) and the Philippines (X units). All these countries together held approx. X% share of total exports. Myanmar (X units) took a little share of total exports.

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

In value terms, the largest christmas decoration supplying countries in ASEAN were Cambodia ($X), Thailand ($X) and Vietnam ($X), with a combined X% share of total exports. Indonesia, the Philippines and Myanmar lagged somewhat behind, together comprising a further X%.

Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, flattening at the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

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

Christmas Decoration Imports

Imports in ASEAN

In 2022, supplies from abroad of christmas decoration increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, showed a relatively flat trend pattern. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, christmas decoration imports skyrocketed to $X in 2022. In general, imports saw a remarkable increase. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of christmas decoration imports in 2022 were Indonesia (X units), Thailand (X units), the Philippines (X units) and Malaysia (X units), together finishing at X% of total import. It was distantly followed by Singapore (X units), making up an X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), Indonesia ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

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

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, reducing by X% against the previous year. Overall, the import price, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The level of import peaked at $X per unit in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($X per unit), while Thailand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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