South-Eastern Asia: Metal Broaching Machine Market 2024

Metal Broaching Machine Market Size in South-Eastern Asia

The Southeast Asian metal broaching machine market declined modestly to $X.7B in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption reached the peak level of $X.5B. From 2020 to 2022, the growth of the market remained at a lower figure.

Metal Broaching Machine Production in South-Eastern Asia

In value terms, metal broaching machine production reduced modestly to $X.9B 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 recorded in certain years. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X.7B. From 2020 to 2022, production growth remained at a somewhat lower figure.

Metal Broaching Machine Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of broaching machines for working metal increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal broaching machine exports skyrocketed to $X in 2022. In general, exports saw a strong increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Singapore represented the largest exporting country with an export of around X units, which resulted at X% of total exports. It was distantly followed by Malaysia (X units), comprising a X% share of total exports. Vietnam (X units) followed a long way behind the leaders.

Singapore experienced a relatively flat trend pattern with regard to volume of exports of broaching machines for working metal. At the same time, Malaysia (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Vietnam experienced a relatively flat trend pattern. From 2012 to 2022, the share of Malaysia increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) emerged as the largest metal broaching machine supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore 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 South-Eastern Asia stood at $X per unit in 2022, growing by X% against the previous year. In general, the export price recorded resilient growth. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices remained at a lower figure.

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

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

Metal Broaching Machine Imports

Imports in South-Eastern Asia

In 2022, approx. X units of broaching machines for working metal were imported in South-Eastern Asia; rising by X% against 2021 figures. Overall, imports, however, saw a deep downturn. The growth pace was the most rapid in 2018 when imports increased by X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, metal broaching machine imports soared to $X in 2022. In general, imports, however, recorded a deep contraction. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Singapore represented the key importer of broaching machines for working metal in South-Eastern Asia, with the volume of imports amounting to X units, which was near X% of total imports in 2022. Vietnam (X units) took the second position in the ranking, distantly followed by Thailand (X units), the Philippines (X units), Indonesia (X units) and Cambodia (X units). All these countries together took near X% share of total imports. Malaysia (X units) followed a long way behind the leaders.

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, Vietnam ($X) constitutes the largest market for imported broaching machines for working metal in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Vietnam was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Indonesia (X% per year).

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, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2019 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per unit in 2014; however, from 2015 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 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 Malaysia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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