South-Eastern Asia: Electric Racing Set Market 2020

Electric Racing Set Market Size in South-Eastern Asia

The revenue of the electric racing set market in South-Eastern Asia amounted to $X in 2017, growing by X% against the previous year. The electric racing set consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Over the period under review, the electric racing set market reached its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Electric Racing Set Production in South-Eastern Asia

In 2017, electric racing set production in South-Eastern Asia totaled X units, coming down by -X% against the previous year. The electric racing set production continues to indicate a deep curtailment. The pace of growth was the most pronounced in 2014, with an increase of X% year-to-year. Over the period under review, the electric racing set production reached its maximum volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Electric Racing Set Exports in South-Eastern Asia

In 2017, approx. X units of electric car racing sets were exported in South-Eastern Asia; coming up by X% against the previous year. The electric racing set exports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2015, with an increase of X% against the previous year. The volume of exports peaked of X units in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

In value terms, electric racing set exports stood at $X in 2017. The electric racing set exports continue to indicate a deep shrinkage. In that year, the electric racing set exports attained their peak level of $X. From 2009 to 2017, growth of the electric racing set exports failed to regain its momentum.

Electric Racing Set Exports by Country in South-Eastern Asia

The Philippines (X units) and Malaysia (X units) prevails in electric racing set exports structure, together generating X% of total exports. It was distantly followed by Thailand (X units), generating X% share of total exports. Vietnam (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Philippines (+X% per year), while the other leaders experienced mixed trends in the exports figures.

In value terms, Vietnam ($X), the Philippines ($X) and Malaysia ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

In terms of the main exporting countries , Vietnam (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced mixed trends in the exports figures.

Electric Racing Set Export Prices by Country in South-Eastern Asia

In 2017, the electric racing set export price in South-Eastern Asia amounted to $X per unit, growing by X% against the previous year. The electric racing set export price continues to indicate a moderate drop. The pace of growth appeared the most rapid in 2008, when it surged by X% y-o-y. In that year, the export prices for electric car racing sets reached their peak level of $X per unit. From 2009 to 2017, growth of the export prices for electric car racing sets stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Vietnam ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Vietnam (X% per year), while the other leaders experienced a decline in the export price figures.

Electric Racing Set Imports in South-Eastern Asia

In 2017, approx. X units of electric car racing sets were imported in South-Eastern Asia; surging by X% against the previous year. The electric racing set imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2012, when imports increased by X% against the previous year. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, electric racing set imports totaled $X in 2017. The electric racing set imports continue to indicate a relatively flat trend pattern. Over the period under review, the electric racing set imports attained its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Electric Racing Set Imports by Country in South-Eastern Asia

The Philippines was the key importing country with an import of around X units, which finished at X% of total imports. It was distantly followed by Malaysia (X units), achieving X% share of total imports. Thailand (X units) occupied the weak share of total imports.

Imports into the Philippines increased at an average annual rate of +X% from 2007 to 2017. At the same time, Malaysia (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest growing importer in South-Eastern Asia, with a CAGR of +X% from 2007-2017. Malaysia (-X%) and the Philippines (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Philippines ($X) constitutes the largest market for imported electric car racing sets in South-Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global imports. It was followed by Thailand, with a X% share.

From 2007 to 2017, the average annual growth rate of value in the Philippines amounted to +X%. In the other countries, the average annual rates were as follows: Malaysia (-X% per year) and Thailand (-X% per year).

Electric Racing Set Import Prices by Country in South-Eastern Asia

In 2017, the electric racing set import price in South-Eastern Asia amounted to $X per thousand units, lowering by -X% against the previous year. The electric racing set import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. In that year, the import prices for electric car racing sets reached their peak level of $X per unit. From 2009 to 2017, growth of the import prices for electric car racing sets stood at a somewhat lower level.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in the Philippines ($X per thousand units) and Thailand ($X per thousand units), while Malaysia ($X per thousand units) and Thailand ($X per thousand units) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Thailand (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform