ASEAN: Bottle Cleaning Machine Market 2024

Bottle Cleaning Machine Market Size in ASEAN

The ASEAN bottle cleaning machine market contracted markedly to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption showed a deep setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Bottle Cleaning Machine Production in ASEAN

In value terms, bottle cleaning machine production fell to $X in 2022 estimated in export price. Over the period under review, production saw a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Bottle Cleaning Machine Exports

Exports in ASEAN

In 2022, after three years of growth, there was significant decline in overseas shipments of machinery for cleaning or drying bottles, when their volume decreased by X% to X units. Overall, exports recorded a perceptible descent. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, bottle cleaning machine exports shrank to $X in 2022. Over the period under review, exports, however, saw strong growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined in the following year.

Exports by Country

In 2022, Singapore (X units) was the main exporter of machinery for cleaning or drying bottles, achieving X% of total exports. It was distantly followed by Thailand (X units), mixing up a X% share of total exports.

Singapore experienced a relatively flat trend pattern with regard to volume of exports of machinery for cleaning or drying bottles. At the same time, Thailand (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. While the share of Singapore (X p.p.) and Thailand (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) and Thailand ($X) appeared to be the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, Singapore, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price recorded strong growth. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2015; however, from 2016 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 Singapore totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%).

Bottle Cleaning Machine Imports

Imports in ASEAN

In 2022, after two years of growth, there was significant decline in overseas purchases of machinery for cleaning or drying bottles, when their volume decreased by X% to X units. Overall, imports, however, showed a temperate increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, bottle cleaning machine imports declined rapidly to $X in 2022. In general, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Singapore was the main importer of machinery for cleaning or drying bottles in ASEAN, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. The Philippines (X units) held the second position in the ranking, distantly followed by Thailand (X units), Indonesia (X units) and Malaysia (X units). All these countries together took approx. X% share of total imports. The following importers - Vietnam (X units) and Cambodia (X units) - each amounted to a X% share of total imports.

Singapore was also the fastest-growing in terms of the machinery for cleaning or drying bottles imports, with a CAGR of X% from 2012 to 2022. At the same time, Cambodia (X%), Thailand (X%) and Indonesia (X%) displayed positive paces of growth. The Philippines experienced a relatively flat trend pattern. By contrast, Malaysia (X%) and Vietnam (X%) illustrated a downward trend over the same period. Singapore (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the total imports, while the Philippines, Vietnam and Malaysia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In terms of the main importing countries, Cambodia, with a CAGR of X%, 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

The import price in ASEAN stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Vietnam ($X per unit), while Singapore ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform