South-Eastern Asia: Extruded Rod Market 2022

Extruded Rod Market Size in South-Eastern Asia

For the fourth year in a row, the Southeast Asian extruded rod market recorded decline in sales value, which decreased by -X% to $X in 2021. In general, consumption continues to indicate a deep slump. The growth pace was the most rapid in 2017 with an increase of X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Extruded Rod Production in South-Eastern Asia

In value terms, extruded rod production amounted to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt contraction. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Extruded Rod Exports

Exports in South-Eastern Asia

After two years of decline, shipments abroad of extruded rods and profile shapes of cellular vulcanised rubber increased by X% to X tons in 2021. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, extruded rod exports soared to $X in 2021. In general, exports recorded a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Philippines was the main exporter of extruded rods and profile shapes of cellular vulcanised rubber in South-Eastern Asia, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2021. Malaysia (X tons) ranks second in terms of the total exports with a X% share, followed by Thailand (X%). Indonesia (X tons) followed a long way behind the leaders.

The Philippines experienced a relatively flat trend pattern with regard to volume of exports of extruded rods and profile shapes of cellular vulcanised rubber. 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 2012-2021. By contrast, Indonesia (-X%) and Thailand (-X%) illustrated a downward trend over the same period. While the share of the Philippines (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Malaysia (-X p.p.), Indonesia (-X p.p.) and Thailand (-X p.p.) displayed negative dynamics.

In value terms, the Philippines ($X) emerged as the largest extruded rod supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

In the Philippines, extruded rod exports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Indonesia (-X% per year).

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, which is down by -X% against the previous year. In general, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Indonesia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+X%), while the other leaders experienced a decline in the export price figures.

Extruded Rod Imports

Imports in South-Eastern Asia

Extruded rod imports rose markedly to X tons in 2021, picking up by X% compared with the previous year's figure. Over the period under review, imports, however, saw a slight curtailment. The growth pace was the most rapid in 2016 when imports increased by X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, extruded rod imports skyrocketed to $X in 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Thailand (X tons) and the Philippines (X tons) were the key importers of extruded rods and profile shapes of cellular vulcanised rubber in 2021, reaching approx. X% and X% of total imports, respectively. Indonesia (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (X%) and Malaysia (X%). Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Vietnam (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) constitutes the largest market for imported extruded rods and profile shapes of cellular vulcanised rubber in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by the Philippines, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Thailand amounted to +X%. In the other countries, the average annual rates were as follows: Indonesia (-X% per year) and the Philippines (+X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Thailand ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, 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.

Source: IndexBox Platform

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