ASEAN: Market for Machines For The Manufacture Of Flat Panel Displays 2024

Market Size for Machines For The Manufacture Of Flat Panel Displays in ASEAN

The ASEAN panel display manufacturing machine market shrank significantly to $X in 2022, which is down by X% against the previous year. Overall, consumption continues to indicate a abrupt descent. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Machines For The Manufacture Of Flat Panel Displays in ASEAN

In value terms, panel display manufacturing machine production totaled $X in 2022 estimated in export price. In general, production, however, recorded a precipitous setback. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Machines For The Manufacture Of Flat Panel Displays

Exports in ASEAN

Panel display manufacturing machine exports skyrocketed to X units in 2022, surging by X% on the year before. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, panel display manufacturing machine exports declined rapidly to $X in 2022. In general, exports, however, saw a noticeable decline. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Malaysia prevails in exports structure, amounting to X units, which was near X% of total exports in 2022. It was distantly followed by Singapore (X units), making up a X% share of total exports.

Malaysia was also the fastest-growing in terms of the machines for the manufacture of flat panel displays exports, with a CAGR of X% from 2012 to 2022. Singapore (X%) illustrated a downward trend over the same period. Malaysia (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Singapore ($X) and Malaysia ($X) constituted the countries with the highest levels of exports in 2022.

Singapore, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, with a decrease of X% against the previous year. Overall, the export price saw a precipitous slump. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The level of export peaked at $X per unit in 2020; however, from 2021 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 Singapore ($X per unit), while Malaysia stood at $X per unit.

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

Imports of Machines For The Manufacture Of Flat Panel Displays

Imports in ASEAN

In 2022, imports of machines for the manufacture of flat panel displays in ASEAN dropped dramatically to X units, with a decrease of X% against the previous year's figure. Overall, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, panel display manufacturing machine imports dropped dramatically to $X in 2022. Over the period under review, imports saw a perceptible shrinkage. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Singapore (X units) was the major importer of machines for the manufacture of flat panel displays, committing X% of total imports. It was distantly followed by Vietnam (X units), Indonesia (X units), Malaysia (X units), Thailand (X units) and the Philippines (X units), together committing a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest panel display manufacturing machine importing markets in ASEAN were Malaysia ($X), Thailand ($X) and the Philippines ($X), together comprising X% of total imports.

Thailand, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, growing by X% against the previous year. In general, the import price showed a moderate expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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