ASEAN: Metal Non-Electric Bell Market 2024

Metal Non-Electric Bell Market Size in ASEAN

The ASEAN metal non-electric bell market dropped to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption continues to indicate a deep setback. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Metal Non-Electric Bell Production in ASEAN

In value terms, metal non-electric bell production declined slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Metal Non-Electric Bell Exports

Exports in ASEAN

In 2022, exports of non-electric bells and gongs of base metal in ASEAN reduced to X tons, with a decrease of X% on 2021. In general, exports recorded a sharp contraction. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, metal non-electric bell exports declined to $X in 2022. Over the period under review, exports showed a abrupt downturn. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Malaysia represented the major exporter of non-electric bells and gongs of base metal in ASEAN, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. Indonesia (X tons) ranks second in terms of the total exports with a X% share, followed by Singapore (X%), Thailand (X%) and Vietnam (X%).

Exports from Malaysia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%), Indonesia (X%) and Thailand (X%) illustrated a downward trend over the same period. While the share of Indonesia (X p.p.), Vietnam (X p.p.) and Singapore (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Malaysia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metal non-electric bell supplying countries in ASEAN were Malaysia ($X), Indonesia ($X) and Singapore ($X), with a combined X% share of total exports. Vietnam and Thailand lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Vietnam, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of export peaked at $X per ton in 2020; however, from 2021 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 Singapore ($X per ton), while Thailand ($X per ton) 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 more modest paces of growth.

Metal Non-Electric Bell Imports

Imports in ASEAN

In 2022, the amount of non-electric bells and gongs of base metal imported in ASEAN shrank rapidly to X tons, declining by X% on 2021. Overall, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, metal non-electric bell imports fell remarkably to $X in 2022. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Indonesia (X tons), distantly followed by Thailand (X tons), the Philippines (X tons), Malaysia (X tons), Singapore (X tons), Vietnam (X tons), Cambodia (X tons) and Myanmar (X tons) were the major importers of non-electric bells and gongs of base metal, together committing X% of total imports.

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

In value terms, Singapore ($X), Vietnam ($X) and Indonesia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Thailand, Cambodia, Malaysia, the Philippines and Myanmar lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Cambodia, with a CAGR of X%, saw 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 ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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