South-Eastern Asia: Pedestrian-Controlled Tractor Market 2024

Pedestrian-Controlled Tractor Market Size in South-Eastern Asia

The Southeast Asian pedestrian-controlled tractor market shrank modestly to $X.3B in 2022, reducing by X% against the previous year. Over the period under review, consumption, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2019 when the market value increased by X%. Over the period under review, the market attained the peak level at $X.8B in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Pedestrian-Controlled Tractor Production in South-Eastern Asia

In value terms, pedestrian-controlled tractor production declined modestly to $X.1B in 2022 estimated in export price. Overall, production, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of production peaked at $X.3B in 2013; however, from 2014 to 2022, production remained at a lower figure.

Pedestrian-Controlled Tractor Exports

Exports in South-Eastern Asia

After three years of growth, shipments abroad of pedestrian-controlled tractors decreased by X% to X units in 2022. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then shrank dramatically in the following year.

In value terms, pedestrian-controlled tractor exports declined modestly to $X in 2022. In general, exports continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand dominates exports structure, finishing at X units, which was approx. X% of total exports in 2022. Indonesia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to pedestrian-controlled tractor exports from Thailand stood at X%. At the same time, Indonesia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest pedestrian-controlled tractor supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Indonesia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Thailand was relatively modest.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, increasing by X% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. 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 Indonesia ($X per unit), while Thailand amounted to $X per unit.

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

Pedestrian-Controlled Tractor Imports

Imports in South-Eastern Asia

In 2022, imports of pedestrian-controlled tractors in South-Eastern Asia dropped slightly to X units, which is down by X% on 2021. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, pedestrian-controlled tractor imports reduced to $X in 2022. Overall, imports, however, enjoyed a moderate expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Cambodia (X units) was the main importer of pedestrian-controlled tractors, achieving X% of total imports. Lao People's Democratic Republic (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Myanmar (X%). Vietnam (X units) and Malaysia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to pedestrian-controlled tractor imports into Cambodia stood at X%. At the same time, Lao People's Democratic Republic (X%), Vietnam (X%) and Myanmar (X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. While the share of Lao People's Democratic Republic (X p.p.), Myanmar (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Malaysia (X p.p.) and Cambodia (X p.p.) displayed negative dynamics.

In value terms, Cambodia ($X) constitutes the largest market for imported pedestrian-controlled tractors in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Myanmar ($X), with a X% share of total imports. It was followed by Lao People's Democratic Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Cambodia amounted to X%. In the other countries, the average annual rates were as follows: Myanmar (X% per year) and Lao People's Democratic Republic (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price, however, enjoyed a measured expansion. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.

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

Source: IndexBox Platform

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