South-Eastern Asia: Capacitor Market 2024

Capacitor Market Size in South-Eastern Asia

The Southeast Asian capacitor market stood at $X in 2022, picking up by X% against the previous year. In general, consumption, however, showed a resilient expansion. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Capacitor Production in South-Eastern Asia

In value terms, capacitor production stood at $X in 2022 estimated in export price. Overall, production saw a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Capacitor Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of electrical capacitors increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports showed a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, capacitor exports reduced to $X in 2022. Total exports indicated a remarkable 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. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Malaysia represented the major exporter of electrical capacitors in South-Eastern Asia, with the volume of exports reaching X units, which was near X% of total exports in 2022. It was distantly followed by Singapore (X units) and the Philippines (X units), together achieving a X% share of total exports. Thailand (X units) and Indonesia (X units) held a relatively small share of total exports.

Malaysia was also the fastest-growing in terms of the electrical capacitors exports, with a CAGR of X% from 2012 to 2022. At the same time, the Philippines (X%) displayed positive paces of growth. Indonesia and Thailand experienced a relatively flat trend pattern. By contrast, Singapore (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Indonesia (X p.p.), the Philippines (X p.p.), Thailand (X p.p.) and Singapore (X p.p.) displayed negative dynamics.

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

The Philippines, with a CAGR of X%, recorded 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 more modest paces of growth.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per thousand units in 2022, falling by X% against the previous year. Over the period under review, the export price showed a slight shrinkage. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per thousand units in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Indonesia ($X per thousand units), while Malaysia ($X per thousand units) 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.

Capacitor Imports

Imports in South-Eastern Asia

In 2022, purchases abroad of electrical capacitors decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Total imports indicated prominent growth from 2012 to 2022: its volume 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, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then shrank remarkably in the following year.

In value terms, capacitor imports shrank to $X in 2022. Overall, imports, however, showed resilient growth. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of import peaked at $X in 2021, and then fell in the following year.

Imports by Country

The purchases of the three major importers of electrical capacitors, namely Vietnam, Singapore and Malaysia, represented more than two-thirds of total import. It was distantly followed by Thailand (X units), the Philippines (X units) and Indonesia (X units), together comprising 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 Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

In terms of the main importing countries, Vietnam, 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

In 2022, the import price in South-Eastern Asia amounted to $X per thousand units, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per thousand units in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Thailand ($X per thousand units), while Indonesia ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

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