ASEAN: Photo-Copying Apparatus Market 2024

Photo-Copying Apparatus Market Size in ASEAN

The ASEAN photo-copying apparatus market soared to $X in 2022, increasing by 206% against the previous year. Overall, consumption enjoyed a prominent increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Photo-Copying Apparatus Production in ASEAN

In value terms, photo-copying apparatus production totaled $X in 2022 estimated in export price. Over the period under review, production recorded significant growth. The pace of growth was the most pronounced in 2017 with an increase of 126,388% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Photo-Copying Apparatus Exports

Exports in ASEAN

In 2022, approx. X units of photo-copying apparatus were exported in ASEAN; reducing by -31.8% compared with the year before. Overall, exports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2017 when exports increased by 47% against the previous year. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, photo-copying apparatus exports reduced dramatically to $X in 2022. Total exports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.3% 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 -25.2% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of 59% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The Philippines (X units), Thailand (X units) and Singapore (X units) represented roughly 85% of total exports in 2022. Malaysia (X units) ranks next in terms of the total exports with a 7.9% share, followed by Vietnam (6.8%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Thailand (with a CAGR of +36.5%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Thailand ($X) emerged as the largest photo-copying apparatus supplier in ASEAN, comprising 45% of total exports. The second position in the ranking was taken by the Philippines ($X), with a 22% share of total exports. It was followed by Singapore, with an 18% share.

In Thailand, photo-copying apparatus exports increased at an average annual rate of +26.7% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Philippines (-5.9% per year) and Singapore (-9.8% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, picking up by 24% against the previous year. Overall, the export price posted pronounced growth. The growth pace was the most rapid in 2014 an increase of 52% against the previous year. 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 ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+2.8%), while the other leaders experienced mixed trends in the export price figures.

Photo-Copying Apparatus Imports

Imports in ASEAN

In 2022, after three years of decline, there was significant growth in supplies from abroad of photo-copying apparatus, when their volume increased by 775% to X units. Overall, imports recorded moderate growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, photo-copying apparatus imports fell to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2019 with an increase of 9.8% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Philippines prevails in imports structure, resulting at X units, which was near 91% of total imports in 2022. It was distantly followed by Singapore (X units), achieving a 5% share of total imports. The following importers - Malaysia (X units) and Thailand (X units) - each finished at a 3.3% share of total imports.

The Philippines was also the fastest-growing in terms of the photo-copying apparatus imports, with a CAGR of +224.2% from 2012 to 2022. At the same time, Malaysia (+5.6%) displayed positive paces of growth. By contrast, Thailand (-2.4%) and Singapore (-22.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Philippines increased by +91 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported photo-copying apparatus in ASEAN, comprising 32% of total imports. The second position in the ranking was taken by Thailand ($X), with a 14% share of total imports. It was followed by the Philippines, with a 14% share.

In Singapore, photo-copying apparatus imports plunged by an average annual rate of -17.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (-0.9% per year) and the Philippines (-7.2% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, waning by -89.4% against the previous year. In general, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2013 when the import price increased by 36%. The level of import peaked at $X per unit in 2017; however, from 2018 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 Thailand ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+6.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform