South-Eastern Asia: Aluminium Reservoir Market 2024

Aluminium Reservoir Market Size in South-Eastern Asia

For the fifth year in a row, the Southeast Asian aluminium reservoir market recorded decline in sales value, which decreased by X% to $X in 2022. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Aluminium Reservoir Production in South-Eastern Asia

In value terms, aluminium reservoir production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Aluminium Reservoir Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of aluminium reservoirs, tanks, vats and similar containers increased by X% to X units, rising for the second consecutive year after eight years of decline. In general, exports saw a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, aluminium reservoir exports fell to $X in 2022. Over the period under review, exports, however, faced a deep setback. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand dominates exports structure, finishing at X units, which was approx. X% of total exports in 2022. Singapore (X units) and the Philippines (X units) followed a long way behind the leaders.

Thailand was also the fastest-growing in terms of the aluminium reservoirs, tanks, vats and similar containers exports, with a CAGR of X% from 2012 to 2022. At the same time, the Philippines (X%) displayed positive paces of growth. By contrast, Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand and the Philippines increased by X and X percentage points, respectively.

In value terms, Thailand ($X) remains the largest aluminium reservoir supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by the Philippines ($X), with a X% share of total exports.

In Thailand, aluminium reservoir exports decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Philippines (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, falling by X% against the previous year. Overall, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit 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 the Philippines ($X per unit), while Thailand ($X per unit) 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 a decline in the export price figures.

Aluminium Reservoir Imports

Imports in South-Eastern Asia

In 2022, imports of aluminium reservoirs, tanks, vats and similar containers in South-Eastern Asia dropped markedly to X units, with a decrease of X% against 2021 figures. Over the period under review, imports showed a pronounced decrease. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, aluminium reservoir imports shrank remarkably to $X in 2022. Overall, imports, however, posted a temperate expansion. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Vietnam (X units) and Thailand (X units) represented roughly X% of total imports in 2022. Indonesia (X units) ranks next in terms of the total imports with a X% share, followed by Lao People's Democratic Republic (X%), Singapore (X%) and Malaysia (X%). The Philippines (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest aluminium reservoir importing markets in South-Eastern Asia were Vietnam ($X), Thailand ($X) and Malaysia ($X), with a combined X% share of total imports.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to 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 South-Eastern Asia stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

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 ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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