ASEAN: Domestic Coffee Machine Market 2024

Domestic Coffee Machine Market Size in ASEAN

In 2022, the ASEAN domestic coffee machine market decreased by X% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption, however, showed a perceptible setback. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Domestic Coffee Machine Production in ASEAN

In value terms, domestic coffee machine production amounted to $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 being observed in certain years. The growth pace was the most rapid in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Domestic Coffee Machine Exports

Exports in ASEAN

For the fourth consecutive year, ASEAN recorded growth in overseas shipments of domestic electric coffee or tea makers, which increased by X% to X units in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, domestic coffee machine exports skyrocketed to $X in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Singapore (X units) and Thailand (X units) were the major exporters of domestic electric coffee or tea makers in 2022, reaching approx. X% and X% of total exports, respectively. Malaysia (X units) took the next position in the ranking, followed by Indonesia (X units). All these countries together took near X% share of total exports.

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

In value terms, Indonesia ($X), Singapore ($X) and Thailand ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. The level of export peaked at $X per unit in 2019; however, from 2020 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 Indonesia ($X per unit), while Singapore ($X per unit) was amongst the lowest.

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

Domestic Coffee Machine Imports

Imports in ASEAN

In 2022, imports of domestic electric coffee or tea makers in ASEAN soared to X units, growing by X% on 2021. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, domestic coffee machine imports skyrocketed to $X in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Singapore (X units) and the Philippines (X units) prevails in imports structure, together generating X% of total imports. Thailand (X units) ranks next in terms of the total imports with a X% share, followed by Indonesia (X%). Vietnam (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Singapore (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported domestic electric coffee or tea makers in ASEAN, comprising X% of total imports. The second position in the ranking was taken by Thailand ($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 Singapore totaled X%. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Indonesia (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a pronounced downturn. The growth pace was the most rapid in 2017 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per unit in 2015; however, from 2016 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 ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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