South-Eastern Asia: Electrical Signalling Apparatus Market 2024

Electrical Signalling Apparatus Market Size in South-Eastern Asia

The Southeast Asian electrical signalling apparatus market expanded to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, showed a slight downturn. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Electrical Signalling Apparatus Production in South-Eastern Asia

In value terms, electrical signalling apparatus production fell slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Electrical Signalling Apparatus Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of electrical apparatus for sound or visual signalling increased by X% to X units, rising for the third consecutive year after four years of decline. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, electrical signalling apparatus exports soared to $X in 2022. Over the period under review, exports posted a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Vietnam was the main exporting country with an export of around X units, which amounted to X% of total exports. Thailand (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Indonesia (X%) and Singapore (X%). The Philippines (X units) took a relatively small share of total exports.

Vietnam was also the fastest-growing in terms of the electrical apparatus for sound or visual signalling exports, with a CAGR of X% from 2012 to 2022. At the same time, Indonesia (X%), the Philippines (X%) and Singapore (X%) displayed positive paces of growth. By contrast, Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam, Indonesia, Singapore and the Philippines increased by X, X, X and X percentage points, respectively.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, rising by X% against the previous year. In general, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

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

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

Electrical Signalling Apparatus Imports

Imports in South-Eastern Asia

In 2022, the amount of electrical apparatus for sound or visual signalling imported in South-Eastern Asia contracted slightly to X units, remaining relatively unchanged against the previous year's figure. 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 most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2021, and then dropped modestly in the following year.

In value terms, electrical signalling apparatus imports skyrocketed to $X in 2022. Total imports indicated buoyant 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

In 2022, Thailand (X units) represented the largest importer of electrical apparatus for sound or visual signalling, making up X% of total imports. Indonesia (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (X%) and Malaysia (X%).

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

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

Singapore, with a CAGR of X%, recorded the highest rates of growth with regard to 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, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the import price increased by X%. Over the period under review, import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

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 ($X per unit), while Indonesia ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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