South-Eastern Asia: Ironing Machine Market 2024

Ironing Machine Market Size in South-Eastern Asia

The Southeast Asian ironing machine market declined to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption recorded a deep contraction. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Ironing Machine Production in South-Eastern Asia

In value terms, ironing machine production shrank to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt downturn. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Ironing Machine Exports

Exports in South-Eastern Asia

Ironing machine exports shrank markedly to X units in 2022, falling by X% against the previous year's figure. In general, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, ironing machine exports shrank notably to $X in 2022. Over the period under review, exports, however, saw resilient growth. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then contracted dramatically in the following year.

Exports by Country

In 2022, Singapore (X units) was the main exporter of ironing machines and presses, creating X% of total exports. Malaysia (X units) took the second position in the ranking, followed by Thailand (X units) and Vietnam (X units). All these countries together held approx. X% share of total exports.

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

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

In Malaysia, ironing machine exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Vietnam (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a noticeable downturn. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while Singapore ($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 a decline in the export price figures.

Ironing Machine Imports

Imports in South-Eastern Asia

In 2022, ironing machine imports in South-Eastern Asia dropped modestly to X units, approximately equating the previous year's figure. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, ironing machine imports rose slightly to $X in 2022. Over the period under review, imports recorded a slight reduction. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Vietnam (X units), Indonesia (X units), Cambodia (X units), the Philippines (X units), Malaysia (X units), Singapore (X units), Thailand (X units), Myanmar (X units) and Brunei Darussalam (X units) represented the key importer of ironing machines and presses in South-Eastern Asia, comprising X% of total import.

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

In value terms, the largest ironing machine importing markets in South-Eastern Asia were Vietnam ($X), Cambodia ($X) and Indonesia ($X), with a combined X% share of total imports.

Cambodia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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, growing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 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 ($X per unit), while Brunei Darussalam ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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