ASEAN: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2025

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in ASEAN

In 2022, the ASEAN geometrical quantities electronic measurer market increased by 59% to $X, rising for the seventh consecutive year after three years of decline. Overall, consumption showed a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Electronic Instruments And Machines For Measuring Geometrical Quantities in ASEAN

In value terms, geometrical quantities electronic measurer production reduced to $X in 2022 estimated in export price. Overall, production saw a noticeable decrease. The pace of growth appeared the most rapid in 2019 with an increase of 227%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports in ASEAN

In 2022, approx. X units of electronic instruments and machines for measuring geometrical quantities were exported in ASEAN; with an increase of 13% compared with the year before. Over the period under review, exports saw a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 43%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, geometrical quantities electronic measurer exports skyrocketed to $X in 2022. Overall, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 51% 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 the near future.

Exports by Country

The biggest shipments were from Thailand (X units), Singapore (X units) and Malaysia (X units), together reaching 80% of total export. Vietnam (X units) took the next position in the ranking, followed by Indonesia (X units) and the Philippines (X units). All these countries together held approx. 20% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +24.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest geometrical quantities electronic measurer supplying countries in ASEAN were Singapore ($X), Malaysia ($X) and Vietnam ($X), together accounting for 87% of total exports.

Vietnam, with a CAGR of +31.1%, saw 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

In 2022, the export price in ASEAN amounted to $X per unit, surging by 14% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 28%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.7%), while the other leaders experienced more modest paces of growth.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports in ASEAN

In 2022, geometrical quantities electronic measurer imports in ASEAN soared to X units, rising by 42% against the previous year's figure. Over the period under review, imports continue to indicate resilient growth. The growth pace was the most rapid in 2016 when imports increased by 59%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, geometrical quantities electronic measurer imports surged to $X in 2022. Overall, imports posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Singapore was the main importing country with an import of around X units, which accounted for 50% of total imports. Indonesia (X units) held a 15% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (14%), Vietnam (11%) and Malaysia (6.3%). The Philippines (X units) followed a long way behind the leaders.

Singapore was also the fastest-growing in terms of the electronic instruments and machines for measuring geometrical quantities imports, with a CAGR of +35.0% from 2012 to 2022. At the same time, Vietnam (+17.0%), Malaysia (+12.5%), Indonesia (+9.4%), the Philippines (+5.8%) and Thailand (+2.1%) displayed positive paces of growth. From 2012 to 2022, the share of Singapore and Vietnam increased by +40 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported electronic instruments and machines for measuring geometrical quantities in ASEAN, comprising 65% of total imports. The second position in the ranking was held by Vietnam ($X), with a 13% share of total imports. It was followed by Thailand, with an 8.6% share.

In Singapore, geometrical quantities electronic measurer imports increased at an average annual rate of +36.4% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (+16.5% per year) and Thailand (-3.4% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, surging by 9.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 48% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain 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 the Philippines (+10.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform