South-Eastern Asia: Flywheels And Pulleys Market 2024

Flywheels And Pulleys Market Size in South-Eastern Asia

The Southeast Asian flywheels and pulleys market contracted to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption continues to indicate a perceptible descent. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Flywheels And Pulleys Production in South-Eastern Asia

In value terms, flywheels and pulleys production declined to $X in 2022 estimated in export price. In general, production saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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Flywheels And Pulleys Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of flywheels and pulleys increased by X% to X tons, rising for the second year in a row after three years of decline. Total exports indicated a notable expansion 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, flywheels and pulleys exports fell slightly to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand (X tons) and Indonesia (X tons) prevails in exports structure, together making up X% of total exports. It was distantly followed by Singapore (X tons), committing a X% share of total exports. The following exporters - the Philippines (X tons) and Vietnam (X tons) - each resulted at a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) remains the largest flywheels and pulleys supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Thailand stood at X%. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Indonesia (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2013 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a 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 the Philippines ($X per ton), while Indonesia ($X per ton) 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 a decline in the export price figures.

Flywheels And Pulleys Imports

Imports in South-Eastern Asia

In 2022, overseas purchases of flywheels and pulleys increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, imports showed strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, flywheels and pulleys imports totaled $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Thailand represented the main importing country with an import of about X tons, which reached X% of total imports. Indonesia (X tons) held the second position in the ranking, distantly followed by Malaysia (X tons). All these countries together held near X% share of total imports. Singapore (X tons) and Vietnam (X tons) followed a long way behind the leaders.

Thailand was also the fastest-growing in terms of the flywheels and pulleys imports, with a CAGR of X% from 2012 to 2022. At the same time, Vietnam (X%), Malaysia (X%) and Singapore (X%) displayed positive paces of growth. By contrast, Indonesia (X%) illustrated a downward trend over the same period. Thailand (X p.p.) significantly strengthened its position in terms of the total imports, while Malaysia, Singapore and Indonesia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported flywheels and pulleys in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with an X% share of total imports. It was followed by Malaysia, with a X% share.

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

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price saw a abrupt downturn. 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 maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Vietnam ($X per ton), while Thailand ($X per ton) 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.

Source: IndexBox Platform

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