ASEAN: Market for Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines 2024

Exports of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines

Exports in ASEAN

In 2022, exports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines in ASEAN totaled X units, surging by X% on the previous year's figure. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by X%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines soared to $X in 2022. In general, exports, however, saw a mild slump. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand was the main exporting country with an export of about X units, which finished at X% of total exports. It was distantly followed by Singapore (X units), Malaysia (X units), Vietnam (X units) and Indonesia (X units), together generating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines exports from Thailand stood at X%. At the same time, Vietnam (X%), Indonesia (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. While the share of Vietnam (X p.p.), Indonesia (X p.p.) and Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Singapore (X p.p.) and Thailand (X p.p.) displayed negative dynamics.

In value terms, Thailand ($X) remains the largest domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports. It was followed by Vietnam, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Thailand totaled X%. 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 ASEAN stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the export price, however, saw a mild slump. The growth pace was the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Indonesia ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced more modest paces of growth.

Imports of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines

Imports in ASEAN

In 2022, the amount of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines imported in ASEAN shrank to X units, which is down by X% against the previous year. In general, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines totaled $X in 2022. Over the period under review, imports saw a perceptible contraction. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Thailand was the largest importer of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines in ASEAN, with the volume of imports recording X units, which was near X% of total imports in 2022. The Philippines (X units) held the second position in the ranking, followed by Malaysia (X units), Singapore (X units), Vietnam (X units) and Myanmar (X units). All these countries together took approx. X% share of total imports. Indonesia (X units) held a little share of total imports.

Imports into Thailand decreased at an average annual rate of X% from 2012 to 2022. At the same time, Myanmar (X%), the Philippines (X%), Vietnam (X%), Singapore (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. Indonesia experienced a relatively flat trend pattern. From 2012 to 2022, the share of the Philippines, Malaysia, Singapore, Myanmar, Vietnam and Indonesia increased by X, X, X, X, X and X percentage points, respectively.

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

In terms of the main importing countries, the Philippines, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the import price in ASEAN amounted to $X per unit, growing by X% against the previous year. Overall, the import price enjoyed prominent growth. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2020; however, from 2021 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 Vietnam ($X per unit), while Myanmar ($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 more modest paces of growth.

Source: IndexBox Platform

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