South-Eastern Asia: Clock Market 2020

Clock Market Size in South-Eastern Asia

The revenue of the clock market in South-Eastern Asia amounted to $X in 2017, growing by X% against the previous year. The clock consumption continues to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2017, when market value increased by X% year-to-year. The level of clock consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Clock Production in South-Eastern Asia

In 2017, clock production in South-Eastern Asia totaled X tons, coming down by -X% against the previous year. The clock production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, when it surged by X% year-to-year. The volume of clock production peaked of X tons in 2016, and then declined slightly in the following year.

Clock Exports in South-Eastern Asia

The exports stood at X tons in 2017, waning by -X% against the previous year. The clock exports continue to indicate a deep drop. The pace of growth appeared the most rapid in 2015, with an increase of X% against the previous year. Over the period under review, the clock exports attained its maximum volume of X tons in 2016, and then declined slightly in the following year.

In value terms, clock exports amounted to $X in 2017. The total exports indicated a strong increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the clock exports increased by +X% against 2012 indices. In that year, the clock exports attained their peak level of $X, and then declined slightly in the following year.

Clock Exports by Country in South-Eastern Asia

The countries with the highest levels of clock exports in 2017 were Malaysia (X tons), Thailand (X tons), Singapore (X tons) and Myanmar (X tons), together recording X% of total export. The Philippines (X tons) occupied the minor share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) remains the largest clock supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global exports. It was followed by Singapore, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Thailand totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Philippines (+X% per year) and Singapore (-X% per year).

Clock Export Prices by Country in South-Eastern Asia

In 2017, the clock export price in South-Eastern Asia amounted to $X per kg, going up by X% against the previous year. The clock export price continues to indicate a prominent growth. The pace of growth was the most pronounced in 2017, an increase of X% against the previous year. In that year, the export prices for instrument panel and wall clocks reached their peak level, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was the Philippines ($X per kg), while Myanmar ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Singapore (+X% per year), while the other leaders experienced more modest paces of growth.

Clock Imports in South-Eastern Asia

The imports amounted to X tons in 2017, coming down by -X% against the previous year. The clock imports continue to indicate a pronounced drop. The growth pace was the most rapid in 2012, when imports increased by X% y-o-y. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, clock imports amounted to $X in 2017. The clock imports continue to indicate a relatively flat trend pattern. Over the period under review, the clock imports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Clock Imports by Country in South-Eastern Asia

Malaysia (X tons), the Philippines (X tons) and Thailand (X tons) represented roughly X% of total imports of instrument panel and wall clocks in 2017. Singapore (X tons) occupied the second position in the ranking, followed by Myanmar (X tons), Vietnam (X tons) and Indonesia (X tons). All these countries together occupied approx. X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Myanmar (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Thailand ($X) and Indonesia ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Singapore, Vietnam, the Philippines and Myanmar, which together accounted for a further X%.

Myanmar (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Clock Import Prices by Country in South-Eastern Asia

The clock import price in South-Eastern Asia stood at $X per ton in 2017, jumping by X% against the previous year. The import price indicated a conspicuous expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the clock import price increased by +X% against 2014 indices. The growth pace was the most rapid in 2011, when it surged by X% against the previous year. In that year, the import prices for instrument panel and wall clocks attained their peak level of $X per ton. From 2012 to 2017, growth of the import prices for instrument panel and wall clocks stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Indonesia ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Indonesia (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform