South-Eastern Asia: Concrete-Mixer Lorry Market 2025

Concrete-Mixer Lorry Market Size in South-Eastern Asia

The Southeast Asian concrete-mixer lorry market declined slightly to $X in 2022, with a decrease of -3.7% against the previous year. Overall, consumption, however, enjoyed a temperate increase. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Concrete-Mixer Lorry Production in South-Eastern Asia

In value terms, concrete-mixer lorry production dropped markedly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by 349,249,600%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Concrete-Mixer Lorry Exports

Exports in South-Eastern Asia

Concrete-mixer lorry exports reduced to X units in 2022, with a decrease of -7.1% compared with 2021. In general, exports faced a drastic downturn. The pace of growth appeared the most rapid in 2018 when exports increased by 69%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, concrete-mixer lorry exports contracted remarkably to $X in 2022. Over the period under review, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 129% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand was the main exporter of concrete-mixer lorries in South-Eastern Asia, with the volume of exports amounting to X units, which was near 43% of total exports in 2022. Lao People's Democratic Republic (X units) held a 19% share (based on physical terms) of total exports, which put it in second place, followed by Singapore (14%), Malaysia (11%) and Vietnam (8.9%). Indonesia (X units) followed a long way behind the leaders.

Exports from Thailand decreased at an average annual rate of -3.8% from 2012 to 2022. At the same time, Lao People's Democratic Republic (+22.3%) and Malaysia (+8.4%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +22.3% from 2012-2022. By contrast, Indonesia (-4.0%), Vietnam (-12.3%) and Singapore (-29.0%) illustrated a downward trend over the same period. Thailand (+31 p.p.), Lao People's Democratic Republic (+19 p.p.), Malaysia (+10 p.p.), Vietnam (+2.8 p.p.) and Indonesia (+1.8 p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by -65.5% from 2012 to 2022, respectively.

In value terms, the largest concrete-mixer lorry supplying countries in South-Eastern Asia were Thailand ($X), Singapore ($X) and Lao People's Democratic Republic ($X), with a combined 81% share of total exports.

In terms of the main exporting countries, Lao People's Democratic Republic, with a CAGR of +23.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, with a decrease of -13.3% against the previous year. Export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concrete-mixer lorry export price increased by +91.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 121%. As a result, the export price attained the peak level of $X per unit, and then shrank in the following year.

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 Singapore ($X per unit), while Malaysia ($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 (+25.6%), while the other leaders experienced more modest paces of growth.

Concrete-Mixer Lorry Imports

Imports in South-Eastern Asia

In 2022, imports of concrete-mixer lorries in South-Eastern Asia shrank to X units, declining by -7% on the previous year. Over the period under review, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2015 when imports increased by 88%. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, concrete-mixer lorry imports fell to $X in 2022. Total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.4% 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 +28.3% against 2018 indices. The pace of growth appeared the most rapid in 2015 with an increase of 57% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Philippines (X units) represented the major importer of concrete-mixer lorries, generating 59% of total imports. It was distantly followed by Vietnam (X units), mixing up a 25% share of total imports. Thailand (X units), Malaysia (X units), Cambodia (X units) and Indonesia (X units) held a little share of total imports.

Imports into the Philippines increased at an average annual rate of +20.0% from 2012 to 2022. At the same time, Vietnam (+24.6%) and Cambodia (+8.2%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +24.6% from 2012-2022. By contrast, Thailand (-7.1%), Malaysia (-8.2%) and Indonesia (-11.8%) illustrated a downward trend over the same period. The Philippines (+40 p.p.) and Vietnam (+19 p.p.) significantly strengthened its position in terms of the total imports, while Malaysia, Thailand and Indonesia saw its share reduced by -12.9%, -13.7% and -17.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X), the Philippines ($X) and Thailand ($X) were the countries with the highest levels of imports in 2022, together comprising 77% of total imports.

Vietnam, with a CAGR of +22.3%, recorded the highest growth rate of the value of imports, in terms of 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

In 2022, the import price in South-Eastern Asia amounted to $X per unit, rising by 6.6% against the previous year. Overall, the import price, however, continues to indicate a abrupt decline. The growth pace was the most rapid in 2020 when the import price increased by 27%. Over the period under review, import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per unit), while the Philippines ($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 (+4.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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