South-Eastern Asia: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in South-Eastern Asia

After two years of growth, the Southeast Asian filling containers machinery market decreased by -2% to $X in 2021. Overall, consumption, however, showed a temperate expansion. Over the period under review, the market attained the maximum level at $X in 2020, and then declined modestly in the following year.

Filling Containers Machinery Production in South-Eastern Asia

In value terms, filling containers machinery production stood at $X in 2021 estimated in export price. Over the period under review, production saw a measured increase. The most prominent rate of growth was recorded in 2017 with an increase of 150% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Filling Containers Machinery Exports

Exports in South-Eastern Asia

In 2021, shipments abroad of machinery for filling, closing, sealing, capsuling or labelling containers increased by 14% to X units, rising for the second consecutive year after four years of decline. Over the period under review, exports, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 71% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, filling containers machinery exports shrank to $X in 2021. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 46%. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

In 2021, Indonesia (X units) was the major exporter of machinery for filling, closing, sealing, capsuling or labelling containers, achieving 35% of total exports. Vietnam (X units) took a 19% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (18%), Thailand (18%) and Singapore (8.9%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Indonesia (with a CAGR of +28.9%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Singapore ($X), Malaysia ($X) and Thailand ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 80% share of total exports. These countries were followed by Vietnam and Indonesia, which together accounted for a further 19%.

Vietnam, with a CAGR of +23.1%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per unit, declining by -25.3% against the previous year. Over the period under review, the export price, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2018 an increase of 43%. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+12.5%), while the other leaders experienced more modest paces of growth.

Filling Containers Machinery Imports

Imports in South-Eastern Asia

After three years of growth, overseas purchases of machinery for filling, closing, sealing, capsuling or labelling containers decreased by -10.6% to X units in 2021. Total imports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +36.0% against 2017 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 21%. The volume of import peaked at X units in 2020, and then declined in the following year.

In value terms, filling containers machinery imports dropped to $X in 2021. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 8.8%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Indonesia was the largest importing country with an import of about X units, which resulted at 42% of total imports. Thailand (X units) held a 27% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (12%), Malaysia (6%) and Singapore (5.8%). The following importers - Cambodia (X units) and Myanmar (X units) - together made up 6.3% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Myanmar (with a CAGR of +55.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest filling containers machinery importing markets in South-Eastern Asia were Thailand ($X), Indonesia ($X) and Vietnam ($X), with a combined 63% share of total imports. These countries were followed by Malaysia, Singapore, Cambodia and Myanmar, which together accounted for a further 28%.

In terms of the main importing countries, Myanmar, with a CAGR of +44.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2021, rising by 8.2% against the previous year. Overall, the import price, however, continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2017 an increase of 15%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Malaysia ($X per unit), while Indonesia ($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 (-0.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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