South-Eastern Asia: Milling Industry Machinery Market 2024

Milling Industry Machinery Market Size in South-Eastern Asia

The Southeast Asian milling industry machinery market dropped dramatically to $X in 2022, declining by X% against the previous year. Over the period under review, consumption, however, continues to indicate a perceptible decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Milling Industry Machinery Production in South-Eastern Asia

In value terms, milling industry machinery production totaled $X in 2022 estimated in export price. In general, production showed a pronounced decrease. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Milling Industry Machinery Exports

Exports in South-Eastern Asia

Milling industry machinery exports shrank markedly to X units in 2022, waning by X% against the previous year's figure. In general, exports, however, showed perceptible growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, milling industry machinery exports expanded remarkably to $X in 2022. Over the period under review, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia (X units) and Thailand (X units) represented roughly X% of total exports in 2022. It was distantly followed by Singapore (X units), achieving a X% share of total exports. Vietnam (X units) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Malaysia (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

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

In Thailand, milling industry machinery exports decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Malaysia (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, increasing by X% against the previous year. In general, the export price, however, saw a deep setback. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 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 Vietnam ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

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

Milling Industry Machinery Imports

Imports in South-Eastern Asia

In 2022, overseas purchases of milling industry machinery increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports saw resilient growth. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, milling industry machinery imports shrank significantly to $X in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by X%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Myanmar (X units) and the Philippines (X units) represented the largest importers of milling industry machinery in 2022, finishing at near X% and X% of total imports, respectively. It was distantly followed by Indonesia (X units), generating a X% share of total imports. Singapore (X units) and Thailand (X units) held a little share of total imports.

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

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

From 2012 to 2022, the average annual rate of growth in terms of value in Indonesia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Myanmar (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, declining by X% against the previous year. Over the period under review, the import price faced a abrupt shrinkage. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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