South-Eastern Asia: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in South-Eastern Asia

In 2020, after three years of growth, there was significant decline in the Southeast Asian market for electric generating sets and rotary converters, when its value decreased by -X% to $X. Overall, consumption, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X, and then reduced dramatically in the following year.

Production of Electric Generating Sets And Rotary Converters in South-Eastern Asia

In value terms, production of electric generating sets and rotary converters surged to $X in 2020 estimated in export prices. The total production indicated a mild expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2020, production stood at a somewhat lower figure.

Production By Country in South-Eastern Asia

Vietnam (X units) constituted the country with the largest volume of production of electric generating sets and rotary converters, accounting for X% of total volume. Moreover, production of electric generating sets and rotary converters in Vietnam exceeded the figures recorded by the second-largest producer, Malaysia (X units), threefold.

From 2007 to 2020, the average annual growth rate of volume in Vietnam stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: Malaysia (+X% per year) and Singapore (+X% per year).

Exports of Electric Generating Sets And Rotary Converters

Exports in South-Eastern Asia

In 2020, shipments abroad of electric generating sets and rotary converters decreased by -X% to X units for the first time since 2017, thus ending a two-year rising trend. Over the period under review, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, exports attained the peak of X units. from 2015 to 2020, the growth of exports remained at a lower figure.

In value terms, exports of electric generating sets and rotary converters expanded significantly to $X in 2020. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

Vietnam represented the largest exporting country with an export of around X units, which finished at X% of total exports. It was distantly followed by Singapore (X units) and Malaysia (X units), together making up a X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Vietnam, while exports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) remains the largest electric generating set and rotary converter supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in Vietnam amounted to +X%. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Singapore (-X% per year).

Export Prices by Country

In 2020, the export price for electric generating sets and rotary converters in South-Eastern Asia amounted to $X per unit, jumping by X% against the previous year. In general, the export price, however, continues to indicate a deep setback. The pace of growth appeared the most rapid in 2015 an increase of X% y-o-y. Over the period under review, export prices reached the maximum at $X per unit in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Vietnam ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced a decline in the export price figures.

Imports of Electric Generating Sets And Rotary Converters

Imports in South-Eastern Asia

In 2020, purchases abroad of electric generating sets and rotary converters decreased by -X% to X units for the first time since 2015, thus ending a four-year rising trend. Total imports indicated measured growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X units in 2019, and then declined notably in the following year.

In value terms, imports of electric generating sets and rotary converters contracted rapidly to $X in 2020. Total imports indicated a perceptible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then declined significantly in the following year.

Imports by Country

Indonesia prevails in imports of electric generating sets and rotary converters structure, resulting at X units, which was near X% of total imports in 2020. It was distantly followed by the Philippines (X units), Myanmar (X units) and Malaysia (X units), together comprising an X% share of total imports. Vietnam (X units) took a minor share of total imports.

From 2007 to 2020, average annual rates of growth with regard to electric generating set and rotary converter imports into Indonesia stood at +X%. At the same time, the Philippines (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +X% from 2007-2020. Myanmar and Malaysia experienced a relatively flat trend pattern. By contrast, Vietnam (-X%) illustrated a downward trend over the same period. Indonesia (+X p.p.) and the Philippines (+X p.p.) significantly strengthened its position in terms of the total imports, while Myanmar, Malaysia and Vietnam saw its share reduced by -X%, -X% and -X% from 2007 to 2020, respectively.

In value terms, Indonesia ($X), Myanmar ($X) and Vietnam ($X) appeared to be the countries with the highest levels of imports in 2020, with a combined X% share of total imports.

Among the main importing countries, Myanmar saw the highest growth rate of 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

In 2020, the import price for electric generating sets and rotary converters in South-Eastern Asia amounted to $X per unit, with a decrease of -X% against the previous year. Over the period under review, the import price showed a mild contraction. The most prominent rate of growth was recorded in 2019 when the import price increased by X% y-o-y. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Myanmar, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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