South-Eastern Asia: Cold Metal-Rolling Mill Market 2024

Cold Metal-Rolling Mill Market Size in South-Eastern Asia

The Southeast Asian cold metal-rolling mill market soared to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption enjoyed strong growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Cold Metal-Rolling Mill Production in South-Eastern Asia

In value terms, cold metal-rolling mill production skyrocketed to $X in 2022 estimated in export price. In general, production recorded strong growth. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Cold Metal-Rolling Mill Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of cold metal-rolling mills decreased by X% to X units, falling for the second year in a row after two years of growth. In general, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2017 when exports increased by X%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cold metal-rolling mill exports contracted to $X in 2022. Over the period under review, exports, however, saw modest growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Thailand (X units), distantly followed by Indonesia (X units), Malaysia (X units), Vietnam (X units), Myanmar (X units), Singapore (X units) and Cambodia (X units) represented the main exporters of cold metal-rolling mills, together achieving X% of total exports.

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

In value terms, Vietnam ($X) remains the largest cold metal-rolling mill supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Vietnam totaled X%. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Singapore (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, rising by X% against the previous year. In general, the export price continues to indicate resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Vietnam ($X,493 per unit), while Myanmar ($X per unit) was amongst the lowest.

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

Cold Metal-Rolling Mill Imports

Imports in South-Eastern Asia

In 2022, the amount of cold metal-rolling mills imported in South-Eastern Asia skyrocketed to X units, picking up by X% against the year before. In general, imports continue to indicate a prominent increase. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, cold metal-rolling mill imports soared to $X in 2022. Over the period under review, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Indonesia represented the key importer of cold metal-rolling mills in South-Eastern Asia, with the volume of imports recording X units, which was near X% of total imports in 2022. Thailand (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (X%). The following importers - the Philippines (X units) and Malaysia (X units) - together made up X% of total imports.

Indonesia was also the fastest-growing in terms of the cold metal-rolling mills imports, with a CAGR of X% from 2012 to 2022. At the same time, Thailand (X%), Vietnam (X%) and the Philippines (X%) displayed positive paces of growth. By contrast, Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Indonesia and Thailand increased by X and X percentage points, respectively.

In value terms, Indonesia ($X) constitutes the largest market for imported cold metal-rolling mills in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

In Indonesia, cold metal-rolling mill imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Malaysia (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price, however, saw a noticeable contraction. The growth pace was the most rapid in 2017 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Malaysia ($X,852 per unit), while Thailand ($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 (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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