ASEAN: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in ASEAN

The ASEAN multiple-walled insulating glass unit market dropped modestly to $X in 2022, almost unchanged from the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Multiple-Walled Insulating Units Of Glass in ASEAN

In value terms, multiple-walled insulating glass unit production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; afterwards, it flattened through to 2022.

Exports of Multiple-Walled Insulating Units Of Glass

Exports in ASEAN

In 2022, approx. X square meters of multiple-walled insulating units of glass were exported in ASEAN; picking up by X% on 2021. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, multiple-walled insulating glass unit exports fell sharply to $X in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then reduced sharply in the following year.

Exports by Country

In 2022, Malaysia (X square meters) was the major exporter of multiple-walled insulating units of glass, comprising X% of total exports. Lao People's Democratic Republic (X square meters) ranks second in terms of the total exports with a X% share, followed by Vietnam (X%), Indonesia (X%) and Singapore (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Lao People's Democratic Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Lao People's Democratic Republic ($X) remains the largest multiple-walled insulating glass unit supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Lao People's Democratic Republic stood at X%. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Vietnam (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per square meter in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, enjoyed pronounced growth. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per square meter, and then dropped significantly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per square meter), while Malaysia ($X per square meter) was amongst the lowest.

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

Imports of Multiple-Walled Insulating Units Of Glass

Imports in ASEAN

In 2022, approx. X square meters of multiple-walled insulating units of glass were imported in ASEAN; rising by X% compared with the previous year. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of import peaked at X square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, multiple-walled insulating glass unit imports rose significantly to $X in 2022. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The countries with the highest levels of multiple-walled insulating glass unit imports in 2022 were Vietnam (X square meters), the Philippines (X square meters), Cambodia (X square meters), Thailand (X square meters), Singapore (X square meters) and Malaysia (X square meters), together accounting for X% of total import. It was distantly followed by Indonesia (X square meters), creating 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 multiple-walled insulating glass unit importing markets in ASEAN were the Philippines ($X), Vietnam ($X) and Thailand ($X), together comprising X% of total imports. Malaysia, Singapore, Cambodia and Indonesia lagged somewhat behind, together comprising a further X%.

Cambodia, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the import price in ASEAN amounted to $X per square meter, growing by X% against the previous year. In general, the import price, however, recorded a mild descent. The pace of growth appeared the most rapid in 2019 when the import price increased by X%. As a result, import price attained the peak level of $X per square meter. From 2020 to 2022, the import prices failed to regain momentum.

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 Malaysia ($X per square meter), while Cambodia ($X per square meter) 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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