South-Eastern Asia: Ironing Machine Market 2022

Ironing Machine Market Size in South-Eastern Asia

The Southeast Asian ironing machine market stood at $X in 2021, picking up by X% against the previous year. Overall, consumption showed a prominent expansion. Over the period under review, the market reached the peak level in 2021 and is likely to continue growth in years to come.

Ironing Machine Production in South-Eastern Asia

In value terms, ironing machine production declined notably to $X in 2021 estimated in export price. Overall, production showed a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then fell significantly in the following year.

Ironing Machine Exports

Exports in South-Eastern Asia

In 2021, shipments abroad of ironing machines and presses increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports posted strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ironing machine exports soared to $X in 2021. Overall, exports enjoyed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Malaysia dominates exports structure, resulting at X units, which was near X% of total exports in 2021. It was distantly followed by Thailand (X units), comprising a X% share of total exports. The following exporters - Cambodia (X units) and Singapore (X units) - together made up X% of total exports.

Malaysia was also the fastest-growing in terms of the ironing machines and presses exports, with a CAGR of +X% from 2012 to 2021. At the same time, Cambodia (+X%) and Singapore (+X%) displayed positive paces of growth. By contrast, Thailand (-X%) illustrated a downward trend over the same period. While the share of Malaysia (+X p.p.) and Cambodia (+X p.p.) increased significantly in terms of the total exports from 2012-2021, 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, Malaysia ($X) remains the largest ironing machine supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

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

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2021, which is down by -X% against the previous year. In general, the export price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Singapore ($X per unit), while Cambodia ($X per unit) 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 a decline in the export price figures.

Ironing Machine Imports

Imports in South-Eastern Asia

In 2021, ironing machine imports in South-Eastern Asia surged to X units, increasing by X% against 2020. Total imports indicated a measured expansion from 2012 to 2021: its volume 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, imports decreased by -X% against 2019 indices. The volume of import peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, ironing machine imports rose markedly to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Indonesia (X units) and Vietnam (X units) dominates imports structure, together generating X% of total imports. It was distantly followed by Thailand (X units), mixing up a X% share of total imports. Cambodia (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Vietnam (with a CAGR of +X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Vietnam ($X) constitutes the largest market for imported ironing machines and presses in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by Thailand, with an X% share.

In Vietnam, ironing machine imports increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Indonesia (-X% per year) and Thailand (-X% per year).

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per unit, with a decrease of -X% against the previous year. Overall, the import price continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Cambodia ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cambodia (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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