ASEAN: Ac/Dc Motor Market 2025

Ac/Dc Motor Market Size in ASEAN

After three years of growth, the ASEAN AC/DC motor market decreased by X% to $X in 2022. The total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2017 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Ac/Dc Motor Production in ASEAN

In value terms, AC/DC motor production shrank modestly to $X in 2022 estimated in export price. The total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Ac/Dc Motor Exports

Exports in ASEAN

In 2022, shipments abroad of AC/DC motors increased by X% to X units, rising for the second year in a row after three years of decline. Total exports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, AC/DC motor exports rose slightly to $X in 2022. Overall, exports saw resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Vietnam represented the key exporter of AC/DC motors in ASEAN, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. It was distantly followed by Thailand (X units), Singapore (X units) and the Philippines (X units), together mixing up a X% share of total exports. Malaysia (X units) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Philippines (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) remains the largest AC/DC motor supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

In Vietnam, AC/DC motor exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, declining by X% against the previous year. Export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, AC/DC motor export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

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

Ac/Dc Motor Imports

Imports in ASEAN

In 2022, the amount of AC/DC motors imported in ASEAN expanded markedly to X units, surging by X% compared with the previous year's figure. Over the period under review, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, AC/DC motor imports amounted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Malaysia represented the main importing country with an import of about X units, which finished at X% of total imports. It was distantly followed by Thailand (X units) and Vietnam (X units), together generating a X% share of total imports. The following importers - Indonesia (X units), the Philippines (X units) and Singapore (X units) - together made up X% of total imports.

Imports into Malaysia increased at an average annual rate of X% from 2012 to 2022. At the same time, the Philippines (X%), Vietnam (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%) and Singapore (X%) illustrated a downward trend over the same period. Malaysia (X p.p.), Vietnam (X p.p.), the Philippines (X p.p.) and Indonesia (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore and Thailand saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the largest AC/DC motor importing markets in ASEAN were Indonesia ($X), Malaysia ($X) and Thailand ($X), together comprising X% of total imports. Vietnam, Singapore and the Philippines lagged somewhat behind, together comprising a further X%.

The Philippines, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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, waning by X% against the previous year. In general, the import price showed a perceptible reduction. The pace of growth was the most pronounced in 2015 an increase of X%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while Malaysia ($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 (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform