South-Eastern Asia: Gas Stove Market 2020

Gas Stove Market Size in South-Eastern Asia

The revenue of the gas stove market in South-Eastern Asia amounted to $X in 2017, waning by -X% against the previous year. The gas stove consumption continues to indicate a measured increase. The pace of growth was the most pronounced in 2016, when market value increased by X% against the previous year. In that year, the gas stove market reached their peak level of $X, and then declined slightly in the following year.

Gas Stove Production in South-Eastern Asia

In 2017, gas stove production in South-Eastern Asia totaled X units, coming up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2015, with an increase of X% y-o-y. In that year, the gas stove production reached their peak volume of X units. From 2016 to 2017, growth of the gas stove production stood at a somewhat lower level.

Gas Stove Exports in South-Eastern Asia

The exports amounted to X units in 2017, declining by -X% against the previous year. The total exports indicated a remarkable growth from 2007 to 2017: its volume 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 gas stove exports decreased by -X% against 2014 indices. The growth pace was the most rapid in 2010, with an increase of X% y-o-y. Over the period under review, the gas stove exports attained its maximum volume of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, gas stove exports totaled $X in 2017. The total exports indicated a remarkable expansion from 2007 to 2017: its value 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 gas stove exports increased by +X% against 2011 indices. The level of exports peaked in 2017, and are likely to continue its growth in the immediate term.

Gas Stove Exports by Country in South-Eastern Asia

Vietnam represented the main exporter of iron or steel gas domestic cooking appliances and plate warmers (without an oven) in South-Eastern Asia, with the volume of exports recording X units, which was approx. X% of total exports in 2017. Indonesia (X units) took a X% share (based on tons) of total exports, which put it in second place, followed by Thailand (X%) and Singapore (X%). Malaysia (X units) took the slight share of total exports.

Vietnam was also the fastest growing in terms of the iron or steel gas domestic cooking appliances and plate warmers (without an oven) exports, with a CAGR of +X% from 2007 to 2017. At the same time, Singapore (+X%) displayed positive paces of growth. Thailand experienced a relatively flat trend pattern. By contrast, Indonesia (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Malaysia and Indonesia increased by X% and X% percentage points, while Singapore (-X%) and Vietnam (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual rate of growth in terms of value in Vietnam stood at +X%. In the other countries, the average annual rates were as follows: Thailand (+X% per year) and Indonesia (+X% per year).

Gas Stove Export Prices by Country in South-Eastern Asia

The gas stove export price in South-Eastern Asia stood at $X per unit in 2017, coming up by X% against the previous year. The gas stove export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015, when the export prices increased by X% y-o-y. Over the period under review, the export prices for iron or steel gas domestic cooking appliances and plate warmers (without an oven) reached its maximum level of $X per unit in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Malaysia ($X per unit), while Indonesia ($X per thousand units) was amongst the lowest.

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

Gas Stove Imports in South-Eastern Asia

The imports amounted to X units in 2017, reducing by -X% against the previous year. The total imports indicated a conspicuous expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. The volume of imports peaked of X units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, gas stove imports stood at $X in 2017. The total imports indicated a strong increase from 2007 to 2017: its value 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 gas stove imports decreased by -X% against 2012 indices. The level of imports peaked of $X in 2016, and then declined slightly in the following year.

Gas Stove Imports by Country in South-Eastern Asia

Indonesia (X units) and Thailand (X units) represented roughly X% of total imports of iron or steel gas domestic cooking appliances and plate warmers (without an oven) in 2017. It was distantly followed by Vietnam (X units), the Philippines (X units) and Malaysia (X units), together achieving X% share of total imports. Singapore (X units) held the mild 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 the Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest gas stove markets worldwide were Thailand ($X), Malaysia ($X) and Vietnam ($X), together accounting for X% of total imports. These countries were followed by Indonesia, the Philippines and Singapore, which together accounted for a further X%.

The Philippines (+X% per year) experienced the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Gas Stove Import Prices by Country in South-Eastern Asia

The gas stove import price in South-Eastern Asia stood at $X per thousand units in 2017, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017, when it surged by X% year-to-year. In that year, the import prices for iron or steel gas domestic cooking appliances and plate warmers (without an oven) attained their peak level, and is likely to continue its growth in the immediate term.

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

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

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Source: IndexBox Platform