South-Eastern Asia: Keyboards Market 2024

Keyboards Market Size in South-Eastern Asia

The Southeast Asian keyboards market declined to $X in 2022, approximately reflecting the previous year. In general, consumption, however, continues to indicate a pronounced decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Keyboards Production in South-Eastern Asia

In value terms, keyboards production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by 17%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Keyboards Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of keyboards increased by 20% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, keyboards exports soared to $X in 2022. In general, exports, however, showed a deep setback. The pace of growth appeared the most rapid in 2015 when exports increased by 57% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Singapore was the main exporter of keyboards in South-Eastern Asia, with the volume of exports finishing at X units, which was near 54% of total exports in 2022. Vietnam (X units) held the second position in the ranking, distantly followed by Malaysia (X units) and Thailand (X units). All these countries together took near 43% share of total exports. Indonesia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Thailand (with a CAGR of +23.7%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the largest keyboards supplier in South-Eastern Asia, comprising 70% of total exports. The second position in the ranking was taken by Vietnam ($X), with an 11% share of total exports. It was followed by Thailand, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore amounted to +11.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+10.4% per year) and Thailand (+13.5% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, with an increase of 9.3% against the previous year. Over the period under review, the export price, however, recorded a deep downturn. The pace of growth was the most pronounced in 2015 an increase of 45%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+0.5%), while the other leaders experienced a decline in the export price figures.

Keyboards Imports

Imports in South-Eastern Asia

For the third year in a row, South-Eastern Asia recorded growth in supplies from abroad of keyboards, which increased by 49% to X units in 2022. Overall, imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2015 with an increase of 61%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, keyboards imports soared to $X in 2022. Over the period under review, imports continue to indicate a measured expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 55% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Singapore (X units) represented the key importer of keyboards, committing 43% of total imports. Malaysia (X units) held a 25% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (21%) and Thailand (7.3%). The Philippines (X units) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +17.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported keyboards in South-Eastern Asia, comprising 61% of total imports. The second position in the ranking was held by Vietnam ($X), with a 13% share of total imports. It was followed by Thailand, with an 11% share.

In Singapore, keyboards imports increased at an average annual rate of +13.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (-5.6% per year) and Thailand (+9.7% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, with an increase of 2.4% against the previous year. Over the period under review, the import price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 28% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Thailand ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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