South-Eastern Asia: Breathing Appliances Market 2024

Breathing Appliances Market Size in South-Eastern Asia

The Southeast Asian breathing appliances market reached $X in 2022, picking up by 4.3% against the previous year. In general, consumption showed a resilient increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Breathing Appliances Production in South-Eastern Asia

In value terms, breathing appliances production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production posted a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 229%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Breathing Appliances Exports

Exports in South-Eastern Asia

In 2022, approx. X units of breathing appliances and gas masks were exported in South-Eastern Asia; surging by 36% against the year before. Over the period under review, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2013 when exports increased by 533% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, breathing appliances exports surged to $X in 2022. Overall, exports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of 844%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Singapore (X units) represented the major exporter of breathing appliances and gas masks, creating 60% of total exports. It was distantly followed by Malaysia (X units) and Indonesia (X units), together generating a 33% share of total exports. The Philippines (X units) and Vietnam (X units) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to breathing appliances exports from Singapore stood at +6.4%. At the same time, the Philippines (+101.0%), Indonesia (+35.1%), Vietnam (+25.9%) and Malaysia (+1.6%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +101.0% from 2012-2022. While the share of Indonesia (+7 p.p.), Singapore (+5.6 p.p.), the Philippines (+3.1 p.p.) and Vietnam (+1.8 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Malaysia (-11.1 p.p.) displayed negative dynamics.

In value terms, Singapore ($X) remains the largest breathing appliances supplier in South-Eastern Asia, comprising 80% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 9.7% share of total exports. It was followed by the Philippines, with a 4.3% share.

In Singapore, breathing appliances exports expanded at an average annual rate of +10.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Malaysia (+2.3% per year) and the Philippines (+116.9% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, with an increase of 5.2% against the previous year. Export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, breathing appliances export price increased by +28.1% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 49% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+18.7%), while the other leaders experienced more modest paces of growth.

Breathing Appliances Imports

Imports in South-Eastern Asia

In 2022, after five years of growth, there was significant decline in overseas purchases of breathing appliances and gas masks, when their volume decreased by -21.3% to X units. Over the period under review, imports, however, continue to indicate a perceptible expansion. The pace of growth was the most pronounced in 2013 with an increase of 40% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then fell markedly in the following year.

In value terms, breathing appliances imports totaled $X in 2022. Overall, imports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2013 when imports increased by 41%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, Singapore (X units), distantly followed by Indonesia (X units), Malaysia (X units), Thailand (X units), Vietnam (X units) and the Philippines (X units) represented the key importers of breathing appliances and gas masks, together mixing up 95% of total imports. Brunei Darussalam (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Brunei Darussalam (with a CAGR of +12.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported breathing appliances and gas masks in South-Eastern Asia, comprising 61% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 9.7% share of total imports. It was followed by Thailand, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore amounted to +10.1%. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (+4.7% per year) and Thailand (+4.4% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, surging by 45% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+15.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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