ASEAN: Multi-Station Transfer Machine Market 2025

Multi-Station Transfer Machine Market Size in ASEAN

The ASEAN multi-station transfer machine market rose markedly to $X in 2021, increasing by 6.6% against the previous year. Over the period under review, consumption recorded a buoyant expansion. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Multi-Station Transfer Machine Production in ASEAN

In value terms, multi-station transfer machine production dropped markedly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by 71% against the previous year. As a result, production attained the peak level of $X, and then reduced remarkably in the following year.

Multi-Station Transfer Machine Exports

Exports in ASEAN

Multi-station transfer machine exports amounted to X units in 2021, remaining constant against 2020. In general, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2013 with an increase of 74%. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, multi-station transfer machine exports soared to $X in 2021. Overall, exports recorded a abrupt decrease. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Singapore was the largest exporting country with an export of about X units, which recorded 80% of total exports. Malaysia (X units) ranks second in terms of the total exports with a 10% share, followed by Vietnam (5.1%). The Philippines (X units) took a relatively small share of total exports.

Exports from Singapore decreased at an average annual rate of -12.0% from 2012 to 2021. At the same time, the Philippines (+164.6%) and Vietnam (+18.2%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +164.6% from 2012-2021. By contrast, Malaysia (-30.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Singapore, Vietnam and the Philippines increased by +32, +4.9 and +4 percentage points, respectively.

In value terms, Singapore ($X) remains the largest multi-station transfer machine supplier in ASEAN, comprising 83% of total exports. The second position in the ranking was held by Malaysia ($X), with a 12% share of total exports. It was followed by the Philippines, with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Singapore totaled +4.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (-24.7% per year) and the Philippines (+125.6% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2021, with an increase of 65% against the previous year. In general, the export price showed prominent growth. The pace of growth was the most pronounced in 2017 an increase of 205%. Over the period under review, the export prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+41.4%), while the other leaders experienced more modest paces of growth.

Multi-Station Transfer Machine Imports

Imports in ASEAN

In 2021, the amount of multi-station transfer machines for working metal imported in ASEAN soared to X units, increasing by 53% against the previous year's figure. In general, imports, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2017 when imports increased by 84%. The volume of import peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, multi-station transfer machine imports surged to $X in 2021. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 230% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Singapore (X units) was the major importer of multi-station transfer machines for working metal, committing 53% of total imports. Vietnam (X units) ranks second in terms of the total imports with a 24% share, followed by the Philippines (7.8%), Malaysia (5.6%) and Indonesia (5.1%). Myanmar (X units) took a little share of total imports.

Imports into Singapore increased at an average annual rate of +15.8% from 2012 to 2021. At the same time, Vietnam (+39.5%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in ASEAN, with a CAGR of +39.5% from 2012-2021. By contrast, Myanmar (-2.9%), the Philippines (-3.8%), Malaysia (-15.0%) and Indonesia (-24.3%) illustrated a downward trend over the same period. While the share of Singapore (+42 p.p.) and Vietnam (+23 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Malaysia (-12.7 p.p.) and Indonesia (-42.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) constitutes the largest market for imported multi-station transfer machines for working metal in ASEAN, comprising 53% of total imports. The second position in the ranking was held by Singapore ($X), with a 17% share of total imports. It was followed by Malaysia, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value in Vietnam stood at +35.4%. The remaining importing countries recorded the following average annual rates of imports growth: Singapore (+3.8% per year) and Malaysia (-9.6% per year).

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2021, picking up by 33% against the previous year. Overall, the import price showed buoyant growth. The growth pace was the most rapid in 2018 when the import price increased by 269% against the previous year. Over the period under review, import prices reached the maximum in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+33.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform