South-Eastern Asia: Invalid Carriage Market 2024

Invalid Carriage Market Size in South-Eastern Asia

The Southeast Asian invalid carriage market reached $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when the market value increased by X%. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Invalid Carriage Production in South-Eastern Asia

In value terms, invalid carriage production expanded slightly to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Invalid Carriage Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of invalid carriages not mechanically propelled increased by X% to X units, rising for the fifth year in a row after two years of decline. Over the period under review, exports recorded strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, invalid carriage exports reduced modestly to $X in 2022. In general, exports saw strong growth. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then reduced modestly in the following year.

Exports by Country

In 2022, Vietnam (X units) represented the main exporter of invalid carriages not mechanically propelled, creating X% of total exports. It was distantly followed by Thailand (X units) and Malaysia (X units), together comprising a X% share of total exports. Indonesia (X units) held a relatively small share of total exports.

Vietnam was also the fastest-growing in terms of the invalid carriages not mechanically propelled exports, with a CAGR of X% from 2012 to 2022. At the same time, Malaysia (X%) and Thailand (X%) displayed positive paces of growth. By contrast, Indonesia (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.), Thailand (X p.p.) and Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Indonesia (X p.p.) displayed negative dynamics.

In value terms, Vietnam ($X) remains the largest invalid carriage supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with an X% share of total exports. It was followed by Malaysia, with a X% share.

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

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, waning by X% against the previous year. Export price indicated modest growth from 2012 to 2022: its price 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, invalid carriage export price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when the export price increased by X%. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Thailand ($X per unit) 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 mixed trends in the export price figures.

Invalid Carriage Imports

Imports in South-Eastern Asia

In 2022, the amount of invalid carriages not mechanically propelled imported in South-Eastern Asia soared to X units, with an increase of X% on the year before. In general, imports enjoyed strong growth. The pace of growth was the most pronounced in 2016 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, invalid carriage imports surged to $X in 2022. Over the period under review, imports posted a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Malaysia (X units) represented the largest importer of invalid carriages not mechanically propelled, making up X% of total imports. The Philippines (X units) took the second position in the ranking, followed by Indonesia (X units), Thailand (X units) and Singapore (X units). All these countries together held approx. X% share of total imports. Vietnam (X units) took a little share of total imports.

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

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

Among the main importing countries, Vietnam, with a CAGR of X%, saw 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 unit, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced descent. The growth pace was the most rapid in 2018 when the import price increased by X%. The level of import peaked at $X per unit in 2014; however, from 2015 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 Vietnam ($X per unit), while the Philippines ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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