South-Eastern Asia: Metal Bath Market 2024

Metal Bath Market Size in South-Eastern Asia

The Southeast Asian metal bath market was estimated at $X in 2022, picking up by X% against the previous year. Overall, consumption, however, recorded a perceptible shrinkage. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Metal Bath Production in South-Eastern Asia

In value terms, metal bath production expanded sharply to $X in 2022 estimated in export price. In general, production, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Metal Bath Exports

Exports in South-Eastern Asia

In 2022, the amount of baths of iron or steel exported in South-Eastern Asia fell remarkably to X units, which is down by X% against 2021. In general, exports saw a abrupt slump. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal bath exports contracted markedly to $X in 2022. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Singapore represented the major exporting country with an export of about X units, which recorded X% of total exports. Thailand (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Indonesia (X%) and Malaysia (X%). Vietnam (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Indonesia (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest metal bath supplying countries in South-Eastern Asia were Singapore ($X), Thailand ($X) and Indonesia ($X), with a combined X% share of total exports.

Indonesia, 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, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, rising by X% against the previous year. Export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal bath export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2015; however, from 2016 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 Indonesia ($X per unit), while Singapore ($X per unit) 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 Bath Imports

Imports in South-Eastern Asia

In 2022, purchases abroad of baths of iron or steel increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, imports recorded a relatively flat trend pattern. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, metal bath imports soared to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Cambodia was the main importing country with an import of around X units, which reached X% of total imports. Singapore (X units) held the second position in the ranking, followed by Indonesia (X units), Malaysia (X units), the Philippines (X units) and Vietnam (X units). All these countries together held approx. X% share of total imports. Myanmar (X units) followed a long way behind the leaders.

Cambodia was also the fastest-growing in terms of the baths of iron or steel imports, with a CAGR of X% from 2012 to 2022. At the same time, the Philippines (X%) displayed positive paces of growth. Malaysia experienced a relatively flat trend pattern. By contrast, Indonesia (X%), Vietnam (X%), Singapore (X%) and Myanmar (X%) illustrated a downward trend over the same period. Cambodia (X p.p.) and the Philippines (X p.p.) significantly strengthened its position in terms of the total imports, while Indonesia, Vietnam, Singapore and Myanmar saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cambodia ($X) constitutes the largest market for imported baths of iron or steel in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Singapore ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Cambodia stood at X%. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Indonesia (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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