South-Eastern Asia: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in South-Eastern Asia

The Southeast Asian metal deburring machine market shrank to $X in 2022, declining by X% against the previous year. In general, consumption, however, recorded a pronounced increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Metal Deburring Machine Production in South-Eastern Asia

In value terms, metal deburring machine production shrank to $X in 2022 estimated in export price. Overall, production, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Metal Deburring Machine Exports

Exports in South-Eastern Asia

In 2022, after two years of decline, there was significant growth in shipments abroad of machines for deburring or polishing metal, when their volume increased by X% to X units. Overall, exports posted a moderate expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal deburring machine exports declined markedly to $X in 2022. Over the period under review, exports, however, showed a noticeable reduction. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore prevails in exports structure, recording X units, which was approx. X% of total exports in 2022. Thailand (X units) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (X%). The Philippines (X units) took a little share of total exports.

Exports from Singapore increased at an average annual rate of X% from 2012 to 2022. At the same time, the Philippines (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%) illustrated a downward trend over the same period. Singapore (X p.p.), Malaysia (X p.p.) and the Philippines (X p.p.) significantly strengthened its position in terms of the total exports, while Thailand saw its share reduced by X% from 2012 to 2022, respectively.

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

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

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 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 Malaysia ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced a decline in the export price figures.

Metal Deburring Machine Imports

Imports in South-Eastern Asia

In 2022, approx. X units of machines for deburring or polishing metal were imported in South-Eastern Asia; with an increase of X% compared with 2021 figures. Over the period under review, imports, however, continue to indicate a slight descent. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, metal deburring machine imports dropped to $X in 2022. Overall, imports, however, saw a drastic downturn. The growth pace was the most rapid in 2018 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The Philippines was the largest importing country with an import of around X units, which resulted at X% of total imports. Singapore (X units) ranks second in terms of the total imports with a X% share, followed by Malaysia (X%), Indonesia (X%), Vietnam (X%) and Thailand (X%). Myanmar (X units) took a relatively small share of total imports.

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

In value terms, Vietnam ($X), Thailand ($X) and Indonesia ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Malaysia, the Philippines, Singapore and Myanmar lagged somewhat behind, together comprising a further X%.

The Philippines, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The pace of growth appeared 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 ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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