South-Eastern Asia: Market for Motor Vehicle Chassis Fitted With Engines 2024

Market Size for Motor Vehicle Chassis Fitted With Engines in South-Eastern Asia

The Southeast Asian market for motor vehicle chassis fitted with engines skyrocketed to $X in 2022, picking up by X% against the previous year. In general, consumption continues to indicate pronounced growth. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Motor Vehicle Chassis Fitted With Engines in South-Eastern Asia

In value terms, production of motor vehicle chassis fitted with engines expanded sharply to $X in 2022 estimated in export price. The total production indicated a noticeable 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.

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Exports of Motor Vehicle Chassis Fitted With Engines

Exports in South-Eastern Asia

Exports of motor vehicle chassis fitted with engines surged to X units in 2022, picking up by X% on 2021. Overall, exports continue to indicate temperate growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of motor vehicle chassis fitted with engines declined rapidly to $X in 2022. In general, exports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Thailand (X units) was the major exporter of motor vehicle chassis fitted with engines, comprising X% of total exports. It was distantly followed by Singapore (X units), creating a X% share of total exports.

Thailand was also the fastest-growing in terms of the motor vehicle chassis fitted with engines exports, with a CAGR of X% from 2012 to 2022. Singapore (X%) illustrated a downward trend over the same period. Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Singapore ($X) remains the largest motor vehicle chassis fitted with engines supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Singapore stood at X%.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, declining by X% against the previous year. Overall, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2014 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2018; however, from 2019 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 Singapore ($X per unit), while Thailand totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%).

Imports of Motor Vehicle Chassis Fitted With Engines

Imports in South-Eastern Asia

In 2022, purchases abroad of motor vehicle chassis fitted with engines increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of motor vehicle chassis fitted with engines surged to $X in 2022. Over the period under review, imports, however, showed a deep reduction. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Philippines dominates engines structure, reaching X units, which was approx. X% of total imports in 2022. Malaysia (X units) held a relatively small share of total imports.

The Philippines was also the fastest-growing in terms of the motor vehicle chassis fitted with engines imports, with a CAGR of X% from 2012 to 2022. Malaysia (X%) illustrated a downward trend over the same period. While the share of the Philippines (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Malaysia (X p.p.) displayed negative dynamics.

In value terms, the Philippines ($X) and Malaysia ($X) appeared to be the countries with the highest levels of imports in 2022.

The Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the import price faced a dramatic decline. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the 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 Malaysia ($X per unit), while the Philippines amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%).

Source: IndexBox Platform