South-Eastern Asia: Market for Rubber-to-Metal and Moulded Articles 2024

Market Size for Rubber-to-Metal and Moulded Articles in South-Eastern Asia

The Southeast Asian rubber-to-metal and moulded article market expanded to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Rubber-to-Metal and Moulded Articles in South-Eastern Asia

In value terms, rubber-to-metal and moulded article production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Rubber-to-Metal and Moulded Articles

Exports in South-Eastern Asia

For the third consecutive year, South-Eastern Asia recorded growth in shipments abroad of rubber-to-metal and moulded articles, which increased by X% to X tons in 2022. Total exports indicated a pronounced expansion from 2012 to 2022: its volume 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, rubber-to-metal and moulded article exports reached $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Thailand was the major exporter of rubber-to-metal and moulded articles in South-Eastern Asia, with the volume of exports recording X tons, which was near X% of total exports in 2022. Malaysia (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Vietnam (X%) and Singapore (X%). Indonesia (X tons) and the Philippines (X tons) followed a long way behind the leaders.

Exports from Thailand increased at an average annual rate of X% from 2012 to 2022. At the same time, Singapore (X%), Malaysia (X%), Vietnam (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. The Philippines experienced a relatively flat trend pattern. From 2012 to 2022, the share of Singapore and Malaysia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest rubber-to-metal and moulded article supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by Singapore, with an X% share.

In Thailand, rubber-to-metal and moulded article exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, waning by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 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 ($X per ton), while Malaysia ($X per ton) 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 more modest paces of growth.

Imports of Rubber-to-Metal and Moulded Articles

Imports in South-Eastern Asia

In 2022, approx. X tons of rubber-to-metal and moulded articles were imported in South-Eastern Asia; jumping by X% on 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, rubber-to-metal and moulded article imports expanded remarkably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Thailand (X tons), distantly followed by the Philippines (X tons), Indonesia (X tons), Malaysia (X tons), Vietnam (X tons), Cambodia (X tons) and Singapore (X tons) represented the main importers of rubber-to-metal and moulded articles, together comprising X% of total imports.

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

In value terms, Thailand ($X) constitutes the largest market for imported rubber-to-metal and moulded articles in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with an X% share of total imports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Thailand totaled X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Indonesia (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the import prices failed to regain momentum.

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 Thailand ($X per ton), while the Philippines ($X per ton) 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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