South-Eastern Asia: Electric Soldering Iron Market 2025

Electric Soldering Iron Market Size in South-Eastern Asia

In 2022, the Southeast Asian electric soldering iron market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, continues to indicate a strong expansion. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Electric Soldering Iron Production in South-Eastern Asia

In value terms, electric soldering iron production stood at $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Electric Soldering Iron Exports

Exports in South-Eastern Asia

For the third year in a row, South-Eastern Asia recorded growth in shipments abroad of electric soldering irons and guns, which increased by X% to X units in 2022. Total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, electric soldering iron exports reduced slightly to $X in 2022. Overall, exports saw a strong increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand represented the major exporter of electric soldering irons and guns in South-Eastern Asia, with the volume of exports amounting to X units, which was approx. X% of total exports in 2022. It was distantly followed by Malaysia (X units) and Singapore (X units), together committing a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to electric soldering iron exports from Thailand stood at X%. At the same time, Malaysia (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) illustrated a downward trend over the same period. Thailand (X p.p.) and Malaysia (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest electric soldering iron supplying countries in South-Eastern Asia were Malaysia ($X), Thailand ($X) and Singapore ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Thailand, with a CAGR of X%, saw the highest growth rate of 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 2022, the export price in South-Eastern Asia amounted to $X per unit, declining by X% against the previous year. In general, the export price, however, posted a strong increase. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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 Malaysia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

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

Electric Soldering Iron Imports

Imports in South-Eastern Asia

In 2022, electric soldering iron imports in South-Eastern Asia dropped modestly to X units, which is down by X% against the previous year's figure. Overall, imports, however, saw moderate growth. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, electric soldering iron imports expanded notably to $X in 2022. In general, imports, however, recorded a measured increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Thailand represented the key importing country with an import of about X units, which resulted at X% of total imports. It was distantly followed by Vietnam (X units), Malaysia (X units), Indonesia (X units) and the Philippines (X units), together creating a X% share of total imports. Singapore (X units) and Cambodia (X units) took a relatively small share of total imports.

Thailand experienced a relatively flat trend pattern with regard to volume of imports of electric soldering irons and guns. At the same time, Cambodia (X%), Vietnam (X%), Malaysia (X%), the Philippines (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. While the share of Vietnam (X p.p.), Malaysia (X p.p.), the Philippines (X p.p.) and Cambodia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

Among the main importing countries, Cambodia, 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, surging by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per unit), while Thailand ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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