Asia: Market for Vacuum Cleaners Without Motor 2024

Market Size for Vacuum Cleaners Without Motor in Asia

The Asian vacuum cleaner without motor market dropped modestly to $X in 2022, shrinking by X% against the previous year. In general, consumption saw a deep slump. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Vacuum Cleaners Without Motor in Asia

In value terms, vacuum cleaner without motor production stood at $X in 2022 estimated in export price. In general, production recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Vacuum Cleaners Without Motor

Exports in Asia

In 2022, overseas shipments of vacuum cleaners without motor decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a tangible increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then reduced sharply in the following year.

In value terms, vacuum cleaner without motor exports declined sharply to $X in 2022. Overall, exports, however, posted a moderate expansion. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then declined sharply in the following year.

Exports by Country

China (X units) and Thailand (X units) dominates exports structure, together creating X% of total exports. It was distantly followed by Turkey (X units), creating a X% share of total exports. Vietnam (X units), Malaysia (X units) and Singapore (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 leading exporting countries, was attained by China (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) remains the largest vacuum cleaner without motor supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by Turkey, with an X% share.

In Thailand, vacuum cleaner without motor exports expanded 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: China (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of export peaked at $X per unit in 2017; however, from 2018 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 Vietnam ($X per unit), while China ($X per unit) was amongst the lowest.

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

Imports of Vacuum Cleaners Without Motor

Imports in Asia

After two years of growth, overseas purchases of vacuum cleaners without motor decreased by X% to X units in 2022. Overall, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2021, and then fell modestly in the following year.

In value terms, vacuum cleaner without motor imports shrank remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

India represented the largest importer of vacuum cleaners without motor in Asia, with the volume of imports accounting for X units, which was near X% of total imports in 2022. Thailand (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (X%). Cyprus (X units), the Philippines (X units) and Malaysia (X units) took a relatively small share of total imports.

Imports into India increased at an average annual rate of X% from 2012 to 2022. At the same time, the Philippines (X%), Cyprus (X%), Malaysia (X%), Singapore (X%) and Thailand (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. While the share of India (X p.p.), Singapore (X p.p.), Thailand (X p.p.), the Philippines (X p.p.), Cyprus (X p.p.) and Malaysia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest vacuum cleaner without motor importing markets in Asia were India ($X), Singapore ($X) and Thailand ($X), together comprising X% of total imports. Cyprus, the Philippines and Malaysia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Cyprus, 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 Asia stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2014 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 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 Singapore ($X per unit), while Thailand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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