South-Eastern Asia: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in South-Eastern Asia

The Southeast Asian chain scoops and sliders market declined to $X in 2022, with a decrease of -5.5% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +11.9% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in South-Eastern Asia

In value terms, chain scoops and sliders production reduced to $X in 2022 estimated in export price. The total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.2% 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 +5.5% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of 36% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports in South-Eastern Asia

In 2022, approx. X tons of chain scoops, sliders, runners, end pieces and narrow strips were exported in South-Eastern Asia; falling by -3.2% on the previous year's figure. Total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +6.0% 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 +43.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, the exports attained the peak of X tons, and then contracted slightly in the following year.

In value terms, chain scoops and sliders exports rose markedly to $X in 2022. Total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.4% 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 +53.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 44%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Indonesia dominates exports structure, finishing at X tons, which was near 93% of total exports in 2022. The following exporters - Vietnam (X tons) and Thailand (X tons) - together made up 5.7% of total exports.

Exports from Indonesia increased at an average annual rate of +5.9% from 2012 to 2022. At the same time, Thailand (+28.4%) and Vietnam (+14.7%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +28.4% from 2012-2022. While the share of Vietnam (+2.2 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) remains the largest chain scoops and sliders supplier in South-Eastern Asia, comprising 88% of total exports. The second position in the ranking was taken by Vietnam ($X), with a 9.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Indonesia stood at +6.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+15.0% per year) and Thailand (+9.0% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, growing by 10% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+0.8%), while the other leaders experienced mixed trends in the export price figures.

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports in South-Eastern Asia

Chain scoops and sliders imports totaled X tons in 2022, surging by 3% against 2021 figures. Total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 35%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, chain scoops and sliders imports fell modestly to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 44% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

Vietnam (X tons) and Indonesia (X tons) represented roughly 66% of total imports in 2022. Cambodia (X tons) held the next position in the ranking, followed by Thailand (X tons) and the Philippines (X tons). All these countries together took near 28% share of total imports. Myanmar (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Cambodia (with a CAGR of +52.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chain scoops and sliders importing markets in South-Eastern Asia were Vietnam ($X), Indonesia ($X) and Cambodia ($X), together accounting for 82% of total imports.

In terms of the main importing countries, Cambodia, with a CAGR of +42.6%, recorded the highest growth rate of the value of imports, 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 South-Eastern Asia amounted to $X per ton, shrinking by -3.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 10%. Over the period under review, import prices reached the peak figure at $X per ton in 2021, and then contracted in the following year.

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 the Philippines ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+7.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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