South-Eastern Asia: Bar Draw-Bench Market 2025

Bar Draw-Bench Market Size in South-Eastern Asia

After two years of decline, the Southeast Asian bar draw-bench market increased by X% to $X in 2022. In general, consumption, however, continues to indicate a abrupt setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Bar Draw-Bench Production in South-Eastern Asia

In value terms, bar draw-bench production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Bar Draw-Bench Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of draw-benches for bars, tubes, profiles, wire or the like was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports recorded a tangible increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, bar draw-bench exports soared to $X in 2022. In general, exports posted resilient growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore was the key exporter of draw-benches for bars, tubes, profiles, wire or the like in South-Eastern Asia, with the volume of exports recording X units, which was approx. X% of total exports in 2022. Malaysia (X units) took the second position in the ranking, distantly followed by Thailand (X units) and Indonesia (X units). All these countries together took near X% share of total exports. Vietnam (X units) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to bar draw-bench exports from Singapore stood at X%. At the same time, Indonesia (X%), Thailand (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Vietnam (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore, Malaysia, Indonesia and Thailand increased by X, X, X and X percentage points, respectively.

In value terms, Singapore ($X) emerged as the largest bar draw-bench supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Singapore totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Malaysia (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, with an increase of X% against the previous year. In general, the export price continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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

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

Bar Draw-Bench Imports

Imports in South-Eastern Asia

After two years of decline, overseas purchases of draw-benches for bars, tubes, profiles, wire or the like increased by X% to X units in 2022. In general, imports posted a pronounced expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, bar draw-bench imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a abrupt shrinkage. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Philippines (X units) represented the main importer of draw-benches for bars, tubes, profiles, wire or the like, committing X% of total imports. Indonesia (X units) held the second position in the ranking, followed by Thailand (X units) and Vietnam (X units). All these countries together took near X% share of total imports. Singapore (X units) and Malaysia (X units) followed a long way behind the leaders.

The Philippines was also the fastest-growing in terms of the draw-benches for bars, tubes, profiles, wire or the like imports, with a CAGR of X% from 2012 to 2022. At the same time, Malaysia (X%) and Indonesia (X%) displayed positive paces of growth. By contrast, Singapore (X%), Vietnam (X%) and Thailand (X%) illustrated a downward trend over the same period. While the share of the Philippines (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Singapore (X p.p.), Vietnam (X p.p.) and Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X), Indonesia ($X) and Malaysia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Thailand, the Philippines and Singapore lagged somewhat behind, together comprising a further X%.

Among the main importing countries, the Philippines, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in South-Eastern Asia stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the import price showed a drastic downturn. The pace of growth appeared the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2013; however, from 2014 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 ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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