South-Eastern Asia: Circuit Breaker Market 2024

Circuit Breaker Market Size in South-Eastern Asia

The Southeast Asian circuit breaker market fell modestly to $X in 2022, waning by X% against the previous year. The total consumption indicated a measured increase 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 decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Circuit Breaker Production in South-Eastern Asia

In value terms, circuit breaker production stood at $X in 2022 estimated in export price. The total production indicated noticeable growth 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2019 when the production volume increased by X%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Circuit Breaker Exports

Exports in South-Eastern Asia

For the third year in a row, South-Eastern Asia recorded growth in overseas shipments of automatic circuit breakers, which increased by X% to X units in 2022. Total exports indicated prominent growth from 2012 to 2022: its volume 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, exports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, circuit breaker exports expanded rapidly to $X in 2022. Total exports indicated a prominent 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, exports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

In 2022, Singapore (X units) and Thailand (X units) represented the major exporters of automatic circuit breakers in South-Eastern Asia, together reaching approx. X% of total exports. It was distantly followed by Malaysia (X units), the Philippines (X units) and Vietnam (X units), together achieving a X% share of total exports.

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

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

In Singapore, circuit breaker exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (X% per year) and the Philippines (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs 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 the Philippines ($X per unit), while Thailand ($X per unit) was amongst the lowest.

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

Circuit Breaker Imports

Imports in South-Eastern Asia

In 2022, imports of automatic circuit breakers in South-Eastern Asia reduced to X units, declining by X% against 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, circuit breaker imports reduced modestly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The countries with the highest levels of circuit breaker imports in 2022 were Malaysia (X units), Indonesia (X units), Thailand (X units), Singapore (X units) and Vietnam (X units), together finishing at X% of total import. It was distantly followed by the Philippines (X units) and Myanmar (X units), together constituting a X% share of total imports.

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

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

Myanmar, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 unit in 2022, picking up by X% against the previous year. Overall, the import price, however, showed a slight shrinkage. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the Philippines ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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