Asia-Pacific: Market for Vacuum Cleaners Without Motor 2025

Market Size for Vacuum Cleaners Without Motor in Asia-Pacific

In 2022, the Asia-Pacific vacuum cleaner without motor market increased by 0.5% to $X, rising for the second consecutive year after six years of decline. Overall, consumption saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when the market value increased by 7.5% against the previous year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Vacuum Cleaners Without Motor in Asia-Pacific

In value terms, vacuum cleaner without motor production contracted modestly to $X in 2022 estimated in export price. Overall, production showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when the production volume increased by 7.9%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Vacuum Cleaners Without Motor

Exports in Asia-Pacific

In 2022, after three years of growth, there was significant decline in shipments abroad of vacuum cleaners without motor, when their volume decreased by -12.2% to X units. In general, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of 256% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, vacuum cleaner without motor exports shrank significantly to $X in 2022. Overall, exports, however, enjoyed a moderate increase. The pace of growth appeared the most rapid in 2020 with an increase of 126%. Over the period under review, the exports hit record highs at $X in 2021, and then declined rapidly in the following year.

Exports by Country

China (X units) and Thailand (X units) prevails in exports structure, together making up 81% of total exports. Vietnam (X units), Malaysia (X units), Singapore (X units), Indonesia (X units) and Australia (X units) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +48.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) remains the largest vacuum cleaner without motor supplier in Asia-Pacific, comprising 52% of total exports. The second position in the ranking was taken by China ($X), with a 14% share of total exports. It was followed by Indonesia, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value in Thailand amounted to +7.4%. The remaining exporting countries recorded the following average annual rates of exports growth: China (+47.1% per year) and Indonesia (+46.1% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, which is down by -17.8% against the previous year. Over the period under review, the export price saw a abrupt decrease. The growth pace was the most rapid in 2018 an increase of 117% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 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 Indonesia ($X per unit), while China ($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 (+3.8%), while the other leaders experienced more modest paces of growth.

Imports of Vacuum Cleaners Without Motor

Imports in Asia-Pacific

In 2022, purchases abroad of vacuum cleaners without motor increased by 0.1% to X units, rising for the sixth year in a row after two years of decline. In general, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of 119% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, vacuum cleaner without motor imports rose rapidly to $X in 2022. Over the period under review, imports showed buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of 71%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

India was the largest importing country with an import of about X units, which resulted at 58% of total imports. Indonesia (X units) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (11%), Malaysia (5.5%) and Thailand (5.2%). Vietnam (X units) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to vacuum cleaner without motor imports into India stood at +17.5%. At the same time, Malaysia (+32.0%), Indonesia (+31.0%), Singapore (+19.9%), Thailand (+15.2%) and Vietnam (+8.4%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +32.0% from 2012-2022. Indonesia (+9.2 p.p.), India (+4.1 p.p.), Malaysia (+3.9 p.p.) and Singapore (+2.8 p.p.) significantly strengthened its position in terms of the total imports, while Vietnam saw its share reduced by -2.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest vacuum cleaner without motor importing markets in Asia-Pacific were Indonesia ($X), India ($X) and Singapore ($X), with a combined 75% share of total imports.

Indonesia, with a CAGR of +27.7%, recorded the highest rates of growth with regard to 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

In 2022, the import price in Asia-Pacific amounted to $X per unit, increasing by 14% against the previous year. Over the period under review, the import price, however, recorded a perceptible decline. The growth pace was the most rapid in 2015 an increase of 19%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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