ASEAN: Domestic Coffee Machine Market 2024

Domestic Coffee Machine Market Size in ASEAN

After three years of decline, the ASEAN domestic coffee machine market increased by X% to $X in 2022. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Domestic Coffee Machine Production in ASEAN

In value terms, domestic coffee machine production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Domestic Coffee Machine Exports

Exports in ASEAN

In 2022, approx. X units of domestic electric coffee or tea makers were exported in ASEAN; approximately mirroring 2021. In general, exports posted significant growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, domestic coffee machine exports surged to $X in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

The biggest shipments were from Thailand (X units), Singapore (X units) and Malaysia (X units), together accounting for X% of total export. It was distantly followed by Indonesia (X units), making up a X% share of total exports.

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

In value terms, the largest domestic coffee machine supplying countries in ASEAN were Indonesia ($X), Thailand ($X) and Malaysia ($X), with a combined X% share of total exports.

Among the main exporting countries, Indonesia, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 ASEAN stood at $X per unit in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while Singapore ($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 a decline in the export price figures.

Domestic Coffee Machine Imports

Imports in ASEAN

In 2022, overseas purchases of domestic electric coffee or tea makers increased by X% to X units, rising for the seventh consecutive year after three years of decline. Overall, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, domestic coffee machine imports expanded sharply to $X in 2022. Over the period under review, imports saw a prominent increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Singapore represented the major importer of domestic electric coffee or tea makers in ASEAN, with the volume of imports reaching X units, which was approx. X% of total imports in 2022. The Philippines (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (X%), Thailand (X%) and Indonesia (X%). Malaysia (X units) took a little share of total imports.

Singapore was also the fastest-growing in terms of the domestic electric coffee or tea makers imports, with a CAGR of X% from 2012 to 2022. At the same time, the Philippines (X%), Indonesia (X%), Thailand (X%) and Vietnam (X%) displayed positive paces of growth. By contrast, Malaysia (X%) illustrated a downward trend over the same period. While the share of Singapore (X p.p.) and the Philippines (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Thailand (X p.p.), Malaysia (X p.p.) and Vietnam (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported domestic electric coffee or tea makers in ASEAN, comprising X% of total imports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total imports. It was followed by Thailand, with an X% share.

In Singapore, domestic coffee machine imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Thailand (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, dropping by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 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 Malaysia ($X per unit), while the Philippines ($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.

Source: IndexBox Platform