ASEAN: Ecg Market 2024

Ecg Market Size in ASEAN

The ASEAN ECG market amounted to $X in 2022, with an increase of X% against the previous year. The total consumption indicated resilient growth 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, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Ecg Production in ASEAN

In value terms, ECG production totaled $X in 2022 estimated in export price. The total production indicated a strong 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 most prominent rate of growth was recorded in 2013 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Ecg Exports

Exports in ASEAN

In 2022, overseas shipments of electro-cardiographs increased by X% to X units, rising for the sixth consecutive year after three years of decline. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, ECG exports skyrocketed to $X in 2022. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Singapore was the largest exporter of electro-cardiographs in ASEAN, with the volume of exports amounting to X units, which was approx. X% of total exports in 2022. It was distantly followed by Malaysia (X units), comprising a X% share of total exports.

Singapore was also the fastest-growing in terms of the electro-cardiographs exports, with a CAGR of X% from 2012 to 2022. At the same time, Malaysia (X%) displayed positive paces of growth. Singapore (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Singapore ($X) remains the largest ECG supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore stood at X%.

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%).

Ecg Imports

Imports in ASEAN

In 2022, overseas purchases of electro-cardiographs increased by X% to X units, rising for the fourth year in a row after two years of decline. Overall, imports posted a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, ECG imports soared to $X in 2022. Over the period under review, imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Singapore prevails in imports structure, amounting to X units, which was approx. X% of total imports in 2022. It was distantly followed by Indonesia (X units), generating an X% share of total imports. Malaysia (X units), Thailand (X units) and Vietnam (X units) followed a long way behind the leaders.

Singapore was also the fastest-growing in terms of the electro-cardiographs imports, with a CAGR of X% from 2012 to 2022. At the same time, Thailand (X%) and Indonesia (X%) displayed positive paces of growth. By contrast, Vietnam (X%) and Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported electro-cardiographs in ASEAN, comprising X% of total imports. The second position in the ranking was held by Indonesia ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Thailand (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Thailand ($X per unit) and Vietnam ($X per unit), while Indonesia ($X per unit) and Malaysia ($X per unit) were 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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