South-Eastern Asia: Computing Machinery Market 2024

Computing Machinery Market Size in South-Eastern Asia

In 2021, the Southeast Asian computing machinery market decreased by -1% to $X, falling for the second consecutive year after four years of growth. Over the period under review, consumption, however, continues to indicate a strong expansion. 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.

Computing Machinery Production in South-Eastern Asia

In value terms, computing machinery production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 13%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Computing Machinery Exports

Exports in South-Eastern Asia

In 2021, exports of computing machinery and parts and accessories thereof in South-Eastern Asia expanded remarkably to X tons, increasing by 7% on 2020. In general, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2015 when exports increased by 37% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, computing machinery exports surged to $X in 2021. Overall, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from Thailand (X tons), Vietnam (X tons), Singapore (X tons) and Malaysia (X tons), together finishing at 82% of total export. The Philippines (X tons) took a 9.8% share (based on physical terms) of total exports, which put it in second place, followed by Indonesia (8.5%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Thailand (with a CAGR of +7.2%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest computing machinery supplying countries in South-Eastern Asia were Vietnam ($X), Singapore ($X) and Thailand ($X), together comprising 74% of total exports.

Vietnam, with a CAGR of +20.3%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, growing by 19% against the previous year. In general, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2014 when the export price increased by 44% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+31.4%), while the other leaders experienced more modest paces of growth.

Computing Machinery Imports

Imports in South-Eastern Asia

In 2021, overseas purchases of computing machinery and parts and accessories thereof increased by 15% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, saw a perceptible setback. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, computing machinery imports rose markedly to $X in 2021. Overall, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Singapore (X tons), Thailand (X tons), Indonesia (X tons), Malaysia (X tons), Vietnam (X tons) and the Philippines (X tons) represented roughly 99% of total imports in 2021.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of -0.5%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Singapore ($X) constitutes the largest market for imported computing machinery and parts and accessories thereof in South-Eastern Asia, comprising 40% of total imports. The second position in the ranking was held by Thailand ($X), with a 17% share of total imports. It was followed by Malaysia, with a 14% share.

From 2012 to 2021, the average annual growth rate of value in Singapore was relatively modest. In the other countries, the average annual rates were as follows: Thailand (-1.8% per year) and Malaysia (-1.3% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2019 an increase of 24%. The level of import peaked at $X per ton in 2020, and then reduced in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+12.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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