South-Eastern Asia: Calendering Cylinder Market 2024

Calendering Cylinder Market Size in South-Eastern Asia

In 2021, the Southeast Asian calendering cylinder market decreased by -5.2% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2021.

Calendering Cylinder Production in South-Eastern Asia

In value terms, calendering cylinder production shrank modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by 17% against the previous year. The level of production peaked at $X in 2020, and then declined in the following year.

Calendering Cylinder Exports

Exports in South-Eastern Asia

In 2021, after four years of decline, there was growth in overseas shipments of cylinders for calendering, when their volume increased by 5% to X units. Total exports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -24.9% against 2015 indices. The pace of growth appeared the most rapid in 2013 with an increase of 97%. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, calendering cylinder exports contracted sharply to $X in 2021. Total exports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -38.9% against 2017 indices. The growth pace was the most rapid in 2013 when exports increased by 110%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Thailand was the major exporter of cylinders for calendering in South-Eastern Asia, with the volume of exports finishing at X units, which was approx. 40% of total exports in 2021. Singapore (X units) ranks second in terms of the total exports with a 23% share, followed by Indonesia (18%) and Malaysia (17%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Indonesia (with a CAGR of +21.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest calendering cylinder supplying countries in South-Eastern Asia were Singapore ($X), Thailand ($X) and Indonesia ($X), together accounting for 93% of total exports.

In terms of the main exporting countries, Indonesia, with a CAGR of +36.3%, 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 mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per unit, which is down by -20.7% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 32% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2020, and then declined rapidly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Singapore ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+12.4%), while the other leaders experienced mixed trends in the export price figures.

Calendering Cylinder Imports

Imports in South-Eastern Asia

In 2021, approx. X units of cylinders for calendering were imported in South-Eastern Asia; which is down by -31% against the year before. Overall, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2015 when imports increased by 60% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, calendering cylinder imports contracted significantly to $X in 2021. In general, imports continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2015 with an increase of 56% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Thailand was the key importer of cylinders for calendering in South-Eastern Asia, with the volume of imports recording X units, which was near 50% of total imports in 2021. Malaysia (X units) held a 15% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (8.8%), Indonesia (8.4%), the Philippines (7.5%) and Singapore (7.2%).

Imports into Thailand decreased at an average annual rate of -5.4% from 2012 to 2021. At the same time, the Philippines (+10.1%) and Vietnam (+7.8%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +10.1% from 2012-2021. By contrast, Indonesia (-4.4%), Malaysia (-4.5%) and Singapore (-9.5%) illustrated a downward trend over the same period. Vietnam (+5.7 p.p.) and the Philippines (+5.4 p.p.) significantly strengthened its position in terms of the total imports, while Singapore and Thailand saw its share reduced by -4.9% and -6.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported cylinders for calendering in South-Eastern Asia, comprising 44% of total imports. The second position in the ranking was held by Malaysia ($X), with a 14% share of total imports. It was followed by Indonesia, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Thailand amounted to -4.5%. In the other countries, the average annual rates were as follows: Malaysia (-1.8% per year) and Indonesia (+2.5% per year).

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per unit, surging by 4.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2016 an increase of 17% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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