Asia-Pacific: Totaliser Market 2024

Totaliser Market Size in Asia-Pacific

The Asia-Pacific totaliser market surged to $X in 2021, growing by 126% against the previous year. Over the period under review, consumption showed a prominent increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Totaliser Production in Asia-Pacific

In value terms, totaliser production expanded sharply to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 43% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Totaliser Exports

Exports in Asia-Pacific

Totaliser exports skyrocketed to X units in 2021, with an increase of 80% on the year before. Over the period under review, exports, however, showed a deep setback. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, totaliser exports surged to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

India represented the main exporter of continuous and discontinuous totalisers in Asia-Pacific, with the volume of exports resulting at X units, which was near 51% of total exports in 2021. China (X units) held an 18% share (based on physical terms) of total exports, which put it in second place, followed by Sri Lanka (14%) and Japan (8.2%). South Korea (X units), Australia (X units) and Singapore (X units) held a relatively small share of total exports.

Exports from India increased at an average annual rate of +11.0% from 2012 to 2021. At the same time, South Korea (+34.3%), Japan (+1.8%) and Sri Lanka (+1.1%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +34.3% from 2012-2021. By contrast, China (-3.0%), Australia (-18.6%) and Singapore (-43.6%) illustrated a downward trend over the same period. While the share of India (+45 p.p.), China (+11 p.p.), Sri Lanka (+11 p.p.), Japan (+6.1 p.p.) and South Korea (+2.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Australia (-1.8 p.p.) and Singapore (-75.6 p.p.) displayed negative dynamics.

In value terms, Japan ($X) remains the largest totaliser supplier in Asia-Pacific, comprising 57% of total exports. The second position in the ranking was held by China ($X), with a 23% share of total exports. It was followed by South Korea, with a 7.4% share.

In Japan, totaliser exports expanded at an average annual rate of +1.7% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: China (+1.1% per year) and South Korea (-1.7% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2021, with a decrease of -36.1% against the previous year. Over the period under review, the export price, however, posted a strong increase. The most prominent rate of growth was recorded in 2017 when the export price increased by 100%. The level of export peaked at $X per unit in 2020, and then dropped markedly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+29.6%), while the other leaders experienced more modest paces of growth.

Totaliser Imports

Imports in Asia-Pacific

In 2021, the amount of continuous and discontinuous totalisers imported in Asia-Pacific surged to X units, increasing by 187% compared with the year before. Overall, imports showed a buoyant increase. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, totaliser imports rose significantly to $X in 2021. In general, imports, however, showed a noticeable curtailment. The pace of growth was the most pronounced in 2016 when imports increased by 18%. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

The Philippines represented the key importer of continuous and discontinuous totalisers in Asia-Pacific, with the volume of imports resulting at X units, which was near 61% of total imports in 2021. India (X units) ranks second in terms of the total imports with a 19% share, followed by Singapore (11%) and Pakistan (5.6%).

Imports into the Philippines increased at an average annual rate of +53.9% from 2012 to 2021. At the same time, India (+57.2%) and Pakistan (+26.6%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +57.2% from 2012-2021. By contrast, Singapore (-12.4%) illustrated a downward trend over the same period. The Philippines (+58 p.p.), India (+18 p.p.) and Pakistan (+4 p.p.) significantly strengthened its position in terms of the total imports, while Singapore saw its share reduced by -75.8% from 2012 to 2021, respectively.

In value terms, India ($X), the Philippines ($X) and Singapore ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 14% of total imports. Pakistan lagged somewhat behind, comprising a further 2.1%.

Pakistan, with a CAGR of +37.8%, recorded 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 Asia-Pacific stood at $X per unit in 2021, waning by -61.4% against the previous year. Overall, the import price faced a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 214% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Pakistan ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+10.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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