South-Eastern Asia: Globe Market 2022

Globe Market Size in South-Eastern Asia

In 2021, the Southeast Asian globe market was finally on the rise to reach $X after four years of decline. Overall, consumption, however, saw a perceptible downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Globe Production in South-Eastern Asia

In value terms, globe production skyrocketed to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The level of production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Globe Exports

Exports in South-Eastern Asia

In 2021, globe exports in South-Eastern Asia reduced dramatically to X tons, dropping by -X% on the year before. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then contracted remarkably in the following year.

In value terms, globe exports shrank rapidly to $X in 2021. Overall, exports recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of $X, and then fell sharply in the following year.

Exports by Country

In 2021, Vietnam (X tons) represented the main exporter of globes, making up X% of total exports. It was distantly followed by Singapore (X tons), constituting an X% share of total exports. The Philippines (X kg) followed a long way behind the leaders.

Vietnam was also the fastest-growing in terms of the globes exports, with a CAGR of +X% from 2012 to 2021. the Philippines (-X%) and Singapore (-X%) illustrated a downward trend over the same period. percentage points. the Philippines (less than X p.p.) and Singapore (-X p.p.) saw their shares reduced.

In value terms, Vietnam ($X) remains the largest globe supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports.

In Vietnam, globe exports expanded at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Singapore (-X% per year) and the Philippines (-X% per year).

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, declining by less than X% against the previous year. Over the period under review, the export price showed a perceptible contraction. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the the export prices remained at a somewhat lower figure.

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

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

Globe Imports

Imports in South-Eastern Asia

After three years of decline, overseas purchases of globes increased by X% to X tons in 2021. In general, imports, however, continue to indicate a abrupt contraction. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, globe imports soared to $X in 2021. Over the period under review, imports, however, showed a mild downturn. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Malaysia (X tons) and Singapore (X tons) prevails in imports structure, together achieving X% of total imports. It was distantly followed by Thailand (X tons), making up a X% share of total imports. The following importers - Indonesia (X tons) and Lao People's Democratic Republic (X tons) - each accounted for a less than X% share of total imports.

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

In value terms, Singapore ($X), Malaysia ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2021, together comprising X% of total imports.

Singapore, 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

In 2021, the import price in South-Eastern Asia amounted to $X per ton, approximately mirroring the previous year. Import price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, globe import price decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Thailand ($X per ton), while Malaysia ($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 mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :