ASEAN: Electric Brazing Machine Market 2025

Electric Brazing Machine Market Size in ASEAN

The ASEAN electric brazing machine market contracted modestly to $X in 2022, flattening at the previous year. The total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 -11.7% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Electric Brazing Machine Production in ASEAN

In value terms, electric brazing machine production rose sharply to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of 56,552%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Electric Brazing Machine Exports

Exports in ASEAN

In 2022, shipments abroad of electric brazing or soldering machines and apparatus increased by 36% to X units, rising for the second consecutive year after three years of decline. Overall, exports showed a temperate increase. The most prominent rate of growth was recorded in 2014 with an increase of 77%. 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, electric brazing machine exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2015 when exports increased by 91%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Singapore dominates exports structure, reaching X units, which was near 77% of total exports in 2022. Thailand (X units) held the second position in the ranking, followed by Vietnam (X units) and Malaysia (X units). All these countries together took approx. 18% share of total exports. The Philippines (X units) followed a long way behind the leaders.

Exports from Singapore increased at an average annual rate of +5.2% from 2012 to 2022. At the same time, Vietnam (+22.0%) and Thailand (+8.9%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +22.0% from 2012-2022. Malaysia experienced a relatively flat trend pattern. By contrast, the Philippines (-5.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore, Vietnam and Thailand increased by +7.6, +4.6 and +2.7 percentage points, respectively.

In value terms, Singapore ($X) remains the largest electric brazing machine supplier in ASEAN, comprising 74% of total exports. The second position in the ranking was held by Thailand ($X), with a 10% share of total exports. It was followed by Vietnam, with a 6.1% share.

In Singapore, electric brazing machine exports increased at an average annual rate of +8.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (+14.6% per year) and Vietnam (+24.3% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, rising by 5.1% against the previous year. Export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric brazing machine export price decreased by -5.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 62% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Thailand ($X per unit) and Malaysia ($X per unit), while Singapore ($X per unit) and the Philippines ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+20.0%), while the other leaders experienced more modest paces of growth.

Electric Brazing Machine Imports

Imports in ASEAN

In 2022, supplies from abroad of electric brazing or soldering machines and apparatus was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by 47%. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, electric brazing machine imports soared to $X in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.6% 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 2014 with an increase of 59%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

Vietnam (X units) and Indonesia (X units) represented roughly 58% of total imports in 2022. Thailand (X units) held the next position in the ranking, followed by Malaysia (X units), Singapore (X units) and the Philippines (X units). All these countries together took approx. 39% share of total imports. Cambodia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Vietnam (with a CAGR of +20.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electric brazing machine importing markets in ASEAN were Thailand ($X), Vietnam ($X) and Malaysia ($X), together accounting for 77% of total imports. Singapore, the Philippines, Indonesia and Cambodia lagged somewhat behind, together accounting for a further 23%.

In terms of the main importing countries, Cambodia, with a CAGR of +26.5%, recorded the highest rates of growth with regard to 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

In 2022, the import price in ASEAN amounted to $X per unit, waning by -1.7% against the previous year. Import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric brazing machine import price increased by +56.5% against 2013 indices. The pace of growth appeared the most rapid in 2020 when the import price increased by 13%. The level of import peaked at $X per unit in 2021, and then contracted modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+14.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform