South-Eastern Asia: Vapour Generating Boiler Market 2024

Vapour Generating Boiler Market Size in South-Eastern Asia

The Southeast Asian vapour generating boiler market surged to $X in 2022, jumping by X% against the previous year. The total consumption indicated a notable 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, consumption increased by X% against 2017 indices. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Vapour Generating Boiler Production in South-Eastern Asia

In value terms, vapour generating boiler production rose markedly to $X in 2022 estimated in export price. In general, production, however, showed a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Vapour Generating Boiler Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of vapour generating boilers increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, continue to indicate a slight decline. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, vapour generating boiler exports surged to $X in 2022. Overall, exports showed a pronounced increase. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Vietnam was the major exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by Malaysia (X tons), achieving a X% share of total exports. Thailand (X tons), the Philippines (X tons), Singapore (X tons) and Indonesia (X tons) held a relatively small share of total exports.

Vietnam was also the fastest-growing in terms of the vapour generating boilers exports, with a CAGR of X% from 2012 to 2022. The Philippines (X%), Indonesia (X%), Malaysia (X%), Thailand (X%) and Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) emerged as the largest vapour generating boiler supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with an X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Vietnam amounted to X%. 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 ton in 2022, waning by X% against the previous year. Export price indicated a perceptible increase from 2012 to 2022: its price 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. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The level of export peaked at $X per ton in 2021, and then declined significantly in the following year.

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

Vapour Generating Boiler Imports

Imports in South-Eastern Asia

In 2022, supplies from abroad of vapour generating boilers increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports saw a modest expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, vapour generating boiler imports surged to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Indonesia (X tons) was the main importer of vapour generating boilers, achieving X% of total imports. Singapore (X tons) took the second position in the ranking, distantly followed by Thailand (X tons), Cambodia (X tons) and Vietnam (X tons). All these countries together held near X% share of total imports. Malaysia (X tons) followed a long way behind the leaders.

Imports into Indonesia increased at an average annual rate of X% from 2012 to 2022. At the same time, Cambodia (X%), Singapore (X%), Vietnam (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%) illustrated a downward trend over the same period. While the share of Singapore (X p.p.), Indonesia (X p.p.), Cambodia (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In terms of the main importing countries, Cambodia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price, however, recorded a slight decline. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, 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 ($X per ton), while Cambodia ($X per ton) 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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