South-Eastern Asia: Civil Reaction Engine Market 2024

Civil Reaction Engine Market Size in South-Eastern Asia

The Southeast Asian civil reaction engine market shrank sharply to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, saw a precipitous setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Civil Reaction Engine Production in South-Eastern Asia

In value terms, civil reaction engine production declined to $X in 2022 estimated in export price. In general, production, however, saw a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Civil Reaction Engine Exports

Exports in South-Eastern Asia

In 2022, exports of civil reaction engines in South-Eastern Asia surged to X units, picking up by X% against the previous year. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of export peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, civil reaction engine exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Singapore (X units) represented the main exporter of civil reaction engines, mixing up X% of total exports. It was distantly followed by Thailand (X units), constituting a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to civil reaction engine exports from Singapore stood at X%. At the same time, Thailand (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. While the share of Singapore (X p.p.) and Thailand (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) and Singapore ($X) constituted the countries with the highest levels of exports in 2022.

Among the main exporting countries, Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price saw a precipitous slump. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 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 Thailand ($X per unit), while Singapore amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%).

Civil Reaction Engine Imports

Imports in South-Eastern Asia

In 2022, imports of civil reaction engines in South-Eastern Asia reduced to X units, falling by X% on the year before. In general, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, civil reaction engine imports dropped sharply to $X in 2022. Overall, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Singapore (X units) represented the major importer of civil reaction engines, committing X% of total imports. Indonesia (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (X%). Brunei Darussalam (X units) and Lao People's Democratic Republic (X units) followed a long way behind the leaders.

Imports into Singapore increased at an average annual rate of X% from 2012 to 2022. At the same time, Lao People's Democratic Republic (X%), Brunei Darussalam (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%) illustrated a downward trend over the same period. While the share of Singapore (X p.p.) and Brunei Darussalam (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Indonesia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), Indonesia ($X) and Brunei Darussalam ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Lao People's Democratic Republic and Thailand lagged somewhat behind, together accounting for a further X%.

Lao People's Democratic Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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, with a decrease of X% against the previous year. Over the period under review, the import price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, import prices reached the peak figure 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 Lao People's Democratic Republic ($X per unit), while Singapore ($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.

Source: IndexBox Platform

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