South-Eastern Asia: Domestic Electro-Thermic Appliances Market 2024

Domestic Electro-Thermic Appliances Market Size in South-Eastern Asia

The Southeast Asian domestic electro-thermic appliances market fell slightly to $X in 2022, which is down by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Domestic Electro-Thermic Appliances Production in South-Eastern Asia

In value terms, domestic electro-thermic appliances production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Domestic Electro-Thermic Appliances Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of domestic electro-thermic appliances increased by X% to X units, rising for the third consecutive year after two years of decline. Total exports indicated a pronounced increase 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 2019 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, domestic electro-thermic appliances exports rose remarkably to $X in 2022. Overall, exports saw prominent growth. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Malaysia (X units) and Thailand (X units) represented roughly X% of total exports in 2022. Singapore (X units) held the next position in the ranking, distantly followed by Indonesia (X units) and Myanmar (X units). All these countries together took near X% share of total exports. The Philippines (X units) and Vietnam (X units) took a relatively small 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 Myanmar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

The Philippines, 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

The export price in South-Eastern Asia stood at $X per unit in 2022, rising by X% against the previous year. Export price indicated a tangible increase from 2012 to 2022: its price 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, domestic electro-thermic appliances export price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

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

Domestic Electro-Thermic Appliances Imports

Imports in South-Eastern Asia

In 2022, after two years of growth, there was significant decline in purchases abroad of domestic electro-thermic appliances, when their volume decreased by X% to X units. Overall, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, domestic electro-thermic appliances imports stood at $X in 2022. Over the period under review, imports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Thailand represented the main importer of domestic electro-thermic appliances in South-Eastern Asia, with the volume of imports recording X units, which was near X% of total imports in 2022. The Philippines (X units) ranks second in terms of the total imports with a X% share, followed by Singapore (X%), Malaysia (X%) and Vietnam (X%). Indonesia (X units) and Myanmar (X units) took a minor 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%), Indonesia (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Philippines, Malaysia, Vietnam, Myanmar and Indonesia increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest domestic electro-thermic appliances importing markets in South-Eastern Asia were Singapore ($X), Vietnam ($X) and Thailand ($X), with a combined X% share of total imports. Indonesia, Malaysia, the Philippines and Myanmar lagged somewhat behind, together comprising a further X%.

The Philippines, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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, jumping by X% against the previous year. Import price indicated a strong increase from 2012 to 2022: its price 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. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

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 Singapore (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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