South-Eastern Asia: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in South-Eastern Asia

After four years of growth, the Southeast Asian market for mechanical appliances for projecting, dispersing or spraying decreased by X% to $X in 2022. In general, consumption enjoyed a significant expansion. As a result, consumption attained the peak level of $X, and then shrank notably in the following year.

Production of Mechanical Appliances For Projecting, Dispersing Or Spraying in South-Eastern Asia

In value terms, production of mechanical appliances for projecting, dispersing or spraying surged to $X in 2022 estimated in export price. Over the period under review, production recorded significant growth. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.

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Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports in South-Eastern Asia

In 2022, approx. X units of mechanical appliances for projecting, dispersing or spraying were exported in South-Eastern Asia; falling by X% on the year before. Over the period under review, exports recorded a mild decline. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying reduced remarkably to $X in 2022. In general, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then shrank dramatically in the following year.

Exports by Country

Singapore was the key exporter of mechanical appliances for projecting, dispersing or spraying in South-Eastern Asia, with the volume of exports amounting to X units, which was near X% of total exports in 2022. It was distantly followed by Malaysia (X units), Thailand (X units) and Vietnam (X units), together generating a X% share of total exports. 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, Vietnam (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, the Philippines (X%) and Malaysia (X%) illustrated a downward trend over the same period. Singapore (X p.p.), Thailand (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest mechanical appliances for projecting, dispersing or spraying supplying countries in South-Eastern Asia were the Philippines ($X), Thailand ($X) and Singapore ($X), with a combined X% share of total exports. Vietnam and Malaysia lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Vietnam, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit, and then shrank sharply in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Philippines ($X per unit), while Singapore ($X per unit) was amongst the lowest.

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

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports in South-Eastern Asia

Imports of mechanical appliances for projecting, dispersing or spraying surged to X units in 2022, with an increase of X% on the previous year. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying rose to $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value 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, imports decreased by X% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of imports of mechanical appliances for projecting, dispersing or spraying in 2022 were Malaysia (X units), Thailand (X units) and Vietnam (X units), together amounting to X% of total import. The Philippines (X units) took the next position in the ranking, followed by Singapore (X units). All these countries together held near X% share of total imports. Indonesia (X units) took a little share of total imports.

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

In value terms, Vietnam ($X) constitutes the largest market for imported mechanical appliances for projecting, dispersing or spraying in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports. It was followed by Indonesia, 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 Indonesia (X% per year).

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. In general, the import price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per unit), while Malaysia ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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