South-Eastern Asia: Manostat Market 2025

Manostat Market Size in South-Eastern Asia

The Southeast Asian manostat market totaled $X in 2022, surging by 4.9% against the previous year. In general, consumption, however, saw a perceptible descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Manostat Production in South-Eastern Asia

In value terms, manostat production rose slightly to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2020 when the production volume increased by 19% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Manostat Exports

Exports in South-Eastern Asia

Manostat exports skyrocketed to X units in 2022, with an increase of 15% on the year before. Total exports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +151.3% against 2014 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 34%. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, manostat exports reduced rapidly to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 52%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Singapore prevails in exports structure, finishing at X units, which was approx. 93% of total exports in 2022. Thailand (X units), Vietnam (X units) and Malaysia (X units) took a minor share of total exports.

Exports from Singapore increased at an average annual rate of +4.8% from 2012 to 2022. At the same time, Vietnam (+51.9%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +51.9% from 2012-2022. By contrast, Thailand (-8.4%) and Malaysia (-18.9%) illustrated a downward trend over the same period. Singapore (+20 p.p.) and Vietnam (+2.3 p.p.) significantly strengthened its position in terms of the total exports, while Thailand and Malaysia saw its share reduced by -6.1% and -15.6% from 2012 to 2022, respectively.

In value terms, Singapore ($X) remains the largest manostat supplier in South-Eastern Asia, comprising 84% of total exports. The second position in the ranking was held by Thailand ($X), with an 8.2% share of total exports. It was followed by Malaysia, with a 4.8% share.

In Singapore, manostat exports increased at an average annual rate of +5.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (-13.9% per year) and Malaysia (-6.2% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, falling by -32.2% against the previous year. Overall, the export price showed a noticeable downturn. The most prominent rate of growth was recorded in 2014 when the export price increased by 44% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+15.7%), while the other leaders experienced mixed trends in the export price figures.

Manostat Imports

Imports in South-Eastern Asia

Manostat imports expanded rapidly to X units in 2022, surging by 5.4% compared with the year before. In general, imports posted a buoyant increase. The growth pace was the most rapid in 2019 with an increase of 62%. The volume of import peaked in 2022 and is likely to see steady growth in the near future.

In value terms, manostat imports contracted to $X in 2022. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

Singapore (X units) and Malaysia (X units) prevails in imports structure, together creating 85% of total imports. It was distantly followed by Indonesia (X units), constituting a 9.4% share of total imports. The following importers - Vietnam (X units) and the Philippines (X units) - each reached a 5.4% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Indonesia (with a CAGR of +11.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Malaysia ($X) and Indonesia ($X) constituted the countries with the highest levels of imports in 2022, together comprising 47% of total imports.

In terms of the main importing countries, Singapore, with a CAGR of +6.6%, 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

In 2022, the import price in South-Eastern Asia amounted to $X per unit, dropping by -15.8% against the previous year. Overall, the import price, however, showed tangible growth. The growth pace was the most rapid in 2015 when the import price increased by 38%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per unit), while the Philippines ($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 (+3.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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