South-Eastern Asia: Resistor Market 2024

Resistor Market Size in South-Eastern Asia

For the third year in a row, the Southeast Asian resistor market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption showed a prominent increase. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in the immediate term.

Resistor Production in South-Eastern Asia

In value terms, resistor production expanded slightly to $X in 2022 estimated in export price. Overall, production recorded strong growth. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Resistor Exports

Exports in South-Eastern Asia

Resistor exports shrank sharply to X units in 2022, with a decrease of X% compared with the previous year's figure. Total exports indicated modest 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 decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, resistor exports rose remarkably to $X in 2022. Total exports indicated a prominent increase from 2012 to 2022: its value 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 2020 indices. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Singapore was the major exporter of electrical resistors (except heating resistors) in South-Eastern Asia, with the volume of exports recording X units, which was near X% of total exports in 2022. It was distantly followed by Thailand (X units), Indonesia (X units) and Malaysia (X units), together achieving a X% share of total exports. Vietnam (X units) held a minor share of total exports.

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

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

In terms of the main exporting countries, Indonesia, 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 more modest paces of growth.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per thousand units in 2022, surging by X% against the previous year. Export price indicated a remarkable increase from 2012 to 2022: its price 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, resistor export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per thousand units), while Thailand ($X per thousand units) 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.

Resistor Imports

Imports in South-Eastern Asia

In 2022, supplies from abroad of electrical resistors (except heating resistors) increased by X% to X units, rising for the third consecutive year after two years of decline. In general, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, resistor imports surged to $X in 2022. Overall, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the three major importers of electrical resistors (except heating resistors), namely Vietnam, Singapore and Malaysia, represented more than two-thirds of total import. Thailand (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest resistor importing markets in South-Eastern Asia were Malaysia ($X), Vietnam ($X) and Singapore ($X), with a combined X% share of total imports.

Malaysia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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 thousand units in 2022, growing by X% against the previous year. In general, the import price, however, continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per thousand units 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 Thailand ($X per thousand units), while Singapore ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :