ASEAN: Dry-Cleaning Machine Market 2024

Dry-Cleaning Machine Market Size in ASEAN

In 2022, the ASEAN dry-cleaning machine market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. The total consumption indicated a resilient increase 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. The level of consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Dry-Cleaning Machine Production in ASEAN

In value terms, dry-cleaning machine production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Dry-Cleaning Machine Exports

Exports in ASEAN

In 2022, the amount of dry-cleaning machines exported in ASEAN reduced markedly to X units, dropping by X% compared with the year before. Over the period under review, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, dry-cleaning machine exports fell sharply to $X in 2022. Overall, exports faced a precipitous shrinkage. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Singapore dominates exports structure, finishing at X units, which was approx. X% of total exports in 2022. Thailand (X units), Indonesia (X units), Malaysia (X units) and the Philippines (X units) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to dry-cleaning machine exports from Singapore stood at X%. At the same time, Indonesia (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) and Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore, Indonesia, Malaysia and the Philippines increased by X, X, X and X percentage points, respectively.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore amounted to X%. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, surging by X% against the previous year. Overall, the export price, however, continues to indicate a drastic downturn. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Thailand ($X per unit), while the Philippines ($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 mixed trends in the export price figures.

Dry-Cleaning Machine Imports

Imports in ASEAN

In 2022, overseas purchases of dry-cleaning machines were finally on the rise to reach X units after four years of decline. Over the period under review, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, dry-cleaning machine imports expanded notably to $X in 2022. In general, imports, however, faced a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Singapore represented the major importer of dry-cleaning machines in ASEAN, with the volume of imports recording X units, which was near X% of total imports in 2022. It was distantly followed by Indonesia (X units), Myanmar (X units), Cambodia (X units), the Philippines (X units) and Vietnam (X units), together mixing up a X% share of total imports. Thailand (X units) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to dry-cleaning machine imports into Singapore stood at X%. At the same time, Cambodia (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%), Indonesia (X%), Myanmar (X%) and the Philippines (X%) illustrated a downward trend over the same period. Singapore (X p.p.), Cambodia (X p.p.), Vietnam (X p.p.) and Indonesia (X p.p.) significantly strengthened its position in terms of the total imports, while Myanmar and the Philippines saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported dry-cleaning machines in ASEAN, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports. It was followed by Cambodia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Indonesia totaled X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Cambodia (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, approximately equating the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Vietnam ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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