South-Eastern Asia: Gasket Market 2020

Gasket Market Size in South-Eastern Asia

The revenue of the gasket market in South-Eastern Asia amounted to $X in 2017, coming down by -X% against the previous year. The total market indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gasket consumption decreased by -X% against 2013 indices. The growth pace was the most rapid in 2011, when it surged by X% against the previous year. The level of gasket consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Gasket Production in South-Eastern Asia

In 2017, the amount of gaskets and similar joints of metal sheeting produced in South-Eastern Asia totaled X units, lowering by -X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2014, when the output figure increased by X% y-o-y. Over the period under review, the gasket production attained its maximum volume of X units in 2016, and then declined slightly in the following year.

Gasket Exports in South-Eastern Asia

In 2017, the amount of gaskets and similar joints of metal sheeting exported in South-Eastern Asia stood at X units, coming down by -X% against the previous year. The gasket exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015, when exports increased by X% y-o-y. Over the period under review, the gasket exports attained its peak figure volume of X units in 2016, and then declined slightly in the following year.

In value terms, gasket exports stood at $X in 2017. The total exports indicated a significant growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the gasket exports attained its peak figure level of $X in 2016, and then declined slightly in the following year.

Gasket Exports by Country in South-Eastern Asia

Malaysia represented the largest exporter of gaskets and similar joints of metal sheeting in South-Eastern Asia, with the volume of exports reaching X units, which was approx. X% of total exports in 2017. Thailand (X units) ranks second in terms of the global exports with a X% share, followed by Singapore (X%) and Indonesia (X%). Vietnam (X units) occupied the slight share of total exports.

From 2007 to 2017, average annual rates of growth with regard to gasket exports from Malaysia stood at +X%. At the same time, Vietnam (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing exporter in South-Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Singapore (-X%) and Indonesia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Indonesia and Singapore increased by X% and X% percentage points, while Vietnam (-X%), Thailand (-X%) and Malaysia (-X%) saw their share reduced.

In value terms, Singapore ($X) remains the largest gasket supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global exports. It was followed by Thailand, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Singapore amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (+X% per year) and Thailand (+X% per year).

Gasket Export Prices by Country in South-Eastern Asia

The gasket export price in South-Eastern Asia stood at $X per unit in 2017, going down by -X% against the previous year. The export price indicated a tangible increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gasket export price decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2011, when the export prices increased by X% against the previous year. The level of export price peaked of $X per unit in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Singapore ($X per unit), while Malaysia ($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 Indonesia (+X% per year), while the other leaders experienced more modest paces of growth.

Gasket Imports in South-Eastern Asia

In 2017, approx. X units of gaskets and similar joints of metal sheeting were imported in South-Eastern Asia; declining by -X% against the previous year. The gasket imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. Over the period under review, the gasket imports reached its maximum volume of X units in 2016, and then declined slightly in the following year.

In value terms, gasket imports amounted to $X in 2017. The total imports indicated a notable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gasket imports decreased by -X% against 2012 indices. Over the period under review, the gasket imports attained its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Gasket Imports by Country in South-Eastern Asia

Indonesia represented the major importing country with an import of about X units, which finished at X% of total imports. Malaysia (X units) ranks second in terms of the global imports with a X% share, followed by Thailand (X%) and Singapore (X%). The following importers - the Philippines (X units) and Vietnam (X units) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Singapore ($X) and Thailand ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports. Malaysia, Vietnam and the Philippines lagged somewhat behind, together comprising a further X%.

Among the main importing countries , the Philippines (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Gasket Import Prices by Country in South-Eastern Asia

In 2017, the gasket import price in South-Eastern Asia amounted to $X per unit, going up by X% against the previous year. The import price indicated a conspicuous growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2012, when it surged by X% year-to-year. In that year, the import prices for gaskets and similar joints of metal sheeting attained their peak level of $X per unit. From 2013 to 2017, growth of the import prices for gaskets and similar joints of metal sheeting stood at a somewhat lower level.

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

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform