Asia: Market for Vacuum Cleaners With Motor 2025

Market Size for Vacuum Cleaners With Motor in Asia

In 2021, the Asian vacuum cleaner with motor market decreased by -19% to $X, falling for the second consecutive year after four years of growth. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Vacuum Cleaners With Motor in Asia

In value terms, vacuum cleaner with motor production dropped slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 17% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then declined in the following year.

Exports of Vacuum Cleaners With Motor

Exports in Asia

In 2021, exports of vacuum cleaners with motor in Asia rose notably to X tons, growing by 11% on the year before. Total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +63.3% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 22%. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, vacuum cleaner with motor exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 28%. The level of export peaked in 2021 and is likely to continue growth in years to come.

Exports by Country

China prevails in exports structure, reaching X tons, which was approx. 78% of total exports in 2021. Malaysia (X tons) ranks second in terms of the total exports with a 9% share, followed by Vietnam (6.7%). Hong Kong SAR (X tons) and Turkey (X tons) took a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to vacuum cleaner with motor exports from China stood at +5.7%. At the same time, Vietnam (+13.5%), Turkey (+13.1%), Hong Kong SAR (+6.7%) and Malaysia (+4.8%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia, with a CAGR of +13.5% from 2012-2021. Vietnam (+3.2 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest vacuum cleaner with motor supplier in Asia, comprising 71% of total exports. The second position in the ranking was held by Malaysia ($X), with a 14% share of total exports. It was followed by Vietnam, with a 7.2% share.

In China, vacuum cleaner with motor exports increased at an average annual rate of +11.6% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (+8.9% per year) and Vietnam (+20.1% per year).

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, increasing by 7.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.8%. The pace of growth was the most pronounced in 2014 when the export price increased by 15% against the previous year. Over the period under review, the export prices hit record highs in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+5.8%), while the other leaders experienced more modest paces of growth.

Imports of Vacuum Cleaners With Motor

Imports in Asia

For the third year in a row, Asia recorded growth in supplies from abroad of vacuum cleaners with motor, which increased by 28% to X tons in 2021. Total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +75.9% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, vacuum cleaner with motor imports skyrocketed to $X in 2021. In general, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 23%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

In 2021, Japan (X tons), South Korea (X tons) and Turkey (X tons) was the main importer of vacuum cleaners with motor in Asia, committing 49% of total import. The United Arab Emirates (X tons) took the next position in the ranking, followed by Hong Kong SAR (X tons), China (X tons) and Saudi Arabia (X tons). All these countries together held approx. 22% share of total imports. Israel (X tons), Taiwan (Chinese) (X tons), Kazakhstan (X tons), Singapore (X tons), Iraq (X tons) and Indonesia (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China (with a CAGR of +28.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), South Korea ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 54% of total imports.

China, with a CAGR of +45.6%, saw the highest growth rate of 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 stood at $X per ton in 2021, dropping by -5.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2018 an increase of 12% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2020, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+13.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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