ASEAN: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2025

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in ASEAN

In 2022, the ASEAN market for fully or partly automatic electric machines for arc welding of metals decreased by -20.1% to $X, falling for the fifth consecutive year after two years of growth. Overall, consumption showed a deep downturn. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in ASEAN

In value terms, production of fully or partly automatic electric machines for arc welding of metals fell to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports in ASEAN

In 2022, exports of fully or partly automatic electric machines for arc welding of metals in ASEAN declined slightly to X units, dropping by -4.2% compared with the previous year. Total exports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of +4.7% 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 +1.7% against 2020 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 126%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals dropped slightly to $X in 2022. Total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.3% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 82% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore represented the key exporting country with an export of about X units, which reached 52% of total exports. Indonesia (X units) took the second position in the ranking, distantly followed by Malaysia (X units) and Thailand (X units). All these countries together held near 45% share of total exports. Vietnam (X units) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +18.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the largest fully or partly automatic arc welding machine supplier in ASEAN, comprising 51% of total exports. The second position in the ranking was held by Thailand ($X), with a 17% share of total exports. It was followed by Indonesia, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore amounted to +5.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (+13.8% per year) and Indonesia (+21.0% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2017 when the export price increased by 61%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, 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 (+9.5%), while the other leaders experienced more modest paces of growth.

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports in ASEAN

In 2022, the amount of fully or partly automatic electric machines for arc welding of metals imported in ASEAN dropped dramatically to X units, waning by -27.8% compared with the year before. Over the period under review, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2014 when imports increased by 81%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals contracted markedly to $X in 2022. In general, imports recorded a pronounced slump. The growth pace was the most rapid in 2014 when imports increased by 57%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

The countries with the highest levels of imports of fully or partly automatic electric machines for arc welding of metals in 2022 were Vietnam (X units), Indonesia (X units), Malaysia (X units), Singapore (X units) and Thailand (X units), together reaching 94% of total import. The following importers - the Philippines (X units) and Cambodia (X units) - together made up 5.2% of total imports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +12.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Vietnam ($X) and Malaysia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 79% of total imports. Singapore, Indonesia, the Philippines and Cambodia lagged somewhat behind, together accounting for a further 21%.

In terms of the main importing countries, Cambodia, with a CAGR of +10.7%, 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, increasing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2020 when the import price increased by 30%. Over the period under review, import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

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 the Philippines (+22.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform