South-Eastern Asia: Wheeled Loader Market 2024

Wheeled Loader Market Size in South-Eastern Asia

The Southeast Asian wheeled loader market rose markedly to $X.3B in 2022, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate a abrupt curtailment. The level of consumption peaked at $X.1B in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Wheeled Loader Production in South-Eastern Asia

In value terms, wheeled loader production expanded rapidly to $X.9B in 2022 estimated in export price. In general, production recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production reached the peak level at $X.8B in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Wheeled Loader Exports

Exports in South-Eastern Asia

After three years of decline, overseas shipments of wheeled loaders, crawler shovel loaders, front-end loaders increased by X% to X units in 2022. In general, exports recorded resilient growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, wheeled loader exports soared to $X in 2022. Overall, exports enjoyed strong growth. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X units) and Singapore (X units) prevails in exports structure, together comprising X% of total exports. It was distantly followed by Vietnam (X units), committing a X% share of total exports. Malaysia (X units) held a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Thailand (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) remains the largest wheeled loader supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with an X% share of total exports. It was followed by Vietnam, with a X% share.

In Thailand, wheeled loader exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (X% per year) and Vietnam (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price, however, saw resilient growth. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then declined significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

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

Wheeled Loader Imports

Imports in South-Eastern Asia

In 2022, approx. X units of wheeled loaders, crawler shovel loaders, front-end loaders were imported in South-Eastern Asia; leveling off at the year before. Over the period under review, imports posted a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, wheeled loader imports expanded rapidly to $X in 2022. Total imports indicated a slight 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 increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The Philippines (X units), Thailand (X units) and Indonesia (X units) represented roughly X% of total imports in 2022. Vietnam (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (X%). Singapore (X units) and Cambodia (X units) followed a long way behind the leaders.

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, Indonesia ($X) constitutes the largest market for imported wheeled loaders, crawler shovel loaders, front-end loaders in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

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

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the import price, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while the Philippines ($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 a decline in the import price figures.

Source: IndexBox Platform

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