ASEAN: Industrial Brewery Machinery Market 2024

Industrial Brewery Machinery Market Size in ASEAN

The ASEAN industrial brewery machinery market declined modestly to $X in 2022, dropping by X% against the previous year. In general, consumption, however, recorded a noticeable slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Industrial Brewery Machinery Production in ASEAN

In value terms, industrial brewery machinery production reduced slightly to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable decrease. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Industrial Brewery Machinery Exports

Exports in ASEAN

In 2022, the amount of industrial brewery machinery exported in ASEAN fell rapidly to X units, with a decrease of X% on 2021 figures. Overall, exports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked at X units in 2021, and then shrank dramatically in the following year.

In value terms, industrial brewery machinery exports fell remarkably to $X in 2022. In general, exports showed a deep setback. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Malaysia was the main exporter of industrial brewery machinery in ASEAN, with the volume of exports finishing at X units, which was near X% of total exports in 2022. It was distantly followed by Singapore (X units), Vietnam (X units) and Indonesia (X units), together making up a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Singapore ($X), Malaysia ($X) and Vietnam ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Malaysia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, falling by X% against the previous year. Overall, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2018 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, 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 a decline in the export price figures.

Industrial Brewery Machinery Imports

Imports in ASEAN

In 2022, overseas purchases of industrial brewery machinery increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a mild shrinkage. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, industrial brewery machinery imports dropped modestly to $X in 2022. Over the period under review, imports, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Vietnam (X units), distantly followed by Cambodia (X units), Thailand (X units), Indonesia (X units), Lao People's Democratic Republic (X units) and Malaysia (X units) were the largest importers of industrial brewery machinery, together comprising X% of total imports. The Philippines (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 main importing countries, was attained by Indonesia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Cambodia ($X) and Lao People's Democratic Republic ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. The Philippines, Indonesia, Malaysia and Thailand lagged somewhat behind, together comprising a further X%.

The Philippines, with a CAGR of X%, saw 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 ASEAN stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the import price recorded a slight downturn. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Lao People's Democratic Republic ($X per unit), while Thailand ($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.

Source: IndexBox Platform