South-Eastern Asia: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2024

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in South-Eastern Asia

The Southeast Asian market for domestic, non-electric, cooking or heating appliances stood at $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Domestic, Non-Electric, Cooking Or Heating Appliances in South-Eastern Asia

In value terms, production of domestic, non-electric, cooking or heating appliances reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when the production volume increased by X%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports in South-Eastern Asia

Exports of domestic, non-electric, cooking or heating appliances surged to X units in 2022, jumping by X% compared with the previous year. Over the period under review, exports, however, saw a pronounced reduction. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of domestic, non-electric, cooking or heating appliances soared to $X in 2022. Total exports indicated pronounced growth from 2012 to 2022: its value 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, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

In 2022, Vietnam (X units) represented the key exporter of domestic, non-electric, cooking or heating appliances, mixing up X% of total exports. Thailand (X units) ranks second in terms of the total exports with a X% share, followed by Indonesia (X%), Singapore (X%), Myanmar (X%) and Malaysia (X%).

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Vietnam ($X), Thailand ($X) and Indonesia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Thailand, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price, however, saw strong growth. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then shrank in the following year.

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

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

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports in South-Eastern Asia

In 2022, overseas purchases of domestic, non-electric, cooking or heating appliances decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, saw a perceptible increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of domestic, non-electric, cooking or heating appliances contracted remarkably to $X in 2022. Total imports indicated a pronounced increase from 2012 to 2022: its value 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. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

Thailand (X units) and the Philippines (X units) prevails in appliances structure, together comprising X% of total imports. It was distantly followed by Malaysia (X units), Singapore (X units) and Myanmar (X units), together mixing up a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest domestic, non-electric, cooking or heating appliance importing markets in South-Eastern Asia were Malaysia ($X), the Philippines ($X) and Thailand ($X), with a combined X% share of total imports.

Among the main importing countries, the Philippines, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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, shrinking by X% against the previous year. In general, the import price saw a slight curtailment. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 ($X per unit), while Myanmar ($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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