ASEAN: Transmission Apparatus Market 2024

Transmission Apparatus Market Size in ASEAN

In 2023, the ASEAN transmission apparatus market decreased by X% to $X, falling for the fifth consecutive year after two years of growth. Over the period under review, consumption saw a slight downturn. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.

Transmission Apparatus Production in ASEAN

In value terms, transmission apparatus production shrank modestly to $X in 2023 estimated in export price. The total production indicated a temperate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Transmission Apparatus Exports

Exports in ASEAN

In 2023, after two years of growth, there was decline in overseas shipments of transmission apparatus incorporating reception apparatus, when their volume decreased by X% to X units. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, transmission apparatus exports fell modestly to $X in 2023. Total exports indicated a prominent expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2022, and then shrank modestly in the following year.

Exports by Country

Vietnam prevails in exports structure, resulting at X units, which was near X% of total exports in 2023. It was distantly followed by Singapore (X units), mixing up an X% share of total exports. The following exporters - Malaysia (X units) and Thailand (X units) - together made up X% of total exports.

Vietnam was also the fastest-growing in terms of the transmission apparatus incorporating reception apparatus exports, with a CAGR of X% from 2012 to 2023. At the same time, Thailand (X%) displayed positive paces of growth. By contrast, Singapore (X%) and Malaysia (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Malaysia (X p.p.) and Singapore (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest transmission apparatus supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with an X% share of total exports. It was followed by Thailand, with a X% share.

In Vietnam, transmission apparatus exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2023, dropping by X% against the previous year. Export price indicated perceptible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The level of export peaked at $X per unit in 2022, and then declined in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Transmission Apparatus Imports

Imports in ASEAN

Transmission apparatus imports fell to X units in 2023, which is down by X% on 2022 figures. Overall, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, transmission apparatus imports shrank to $X in 2023. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X units), Singapore (X units), Vietnam (X units) and Malaysia (X units) represented roughly X% of total imports in 2023. Indonesia (X units) ranks next in terms of the total imports with an X% share, followed by the Philippines (X%).

From 2012 to 2023, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest transmission apparatus importing markets in ASEAN were Thailand ($X), Singapore ($X) and Vietnam ($X), together comprising X% of total imports.

Vietnam, with a CAGR of X%, saw 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 more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2023, picking up by X% against the previous year. Import price indicated buoyant growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, transmission apparatus import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, import prices hit record highs in 2023 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Thailand ($X per unit) and Singapore ($X per unit), while Vietnam ($X per unit) and Malaysia ($X per unit) were amongst the lowest.

From 2012 to 2023, 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