South-Eastern Asia: Market for Non-Motorised Hand-Operated Mechanical Floor Sweepers 2024

Market Size for Non-Motorised Hand-Operated Mechanical Floor Sweepers in South-Eastern Asia

The Southeast Asian mechanical hand floor sweeper market expanded to $X in 2022, increasing by 2% against the previous year. The market value increased at an average annual rate of +4.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in the near future.

Production of Non-Motorised Hand-Operated Mechanical Floor Sweepers in South-Eastern Asia

In value terms, mechanical hand floor sweeper production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 27% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Non-Motorised Hand-Operated Mechanical Floor Sweepers

Exports in South-Eastern Asia

In 2022, overseas shipments of non-motorised hand-operated mechanical floor sweepers were finally on the rise to reach X units after three years of decline. Over the period under review, exports saw strong growth. The pace of growth was the most pronounced in 2017 with an increase of 83%. Over the period under review, the exports reached the maximum at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, mechanical hand floor sweeper exports soared to $X in 2022. In general, exports posted a measured expansion. The pace of growth was the most pronounced in 2017 when exports increased by 73% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Vietnam (X units), Thailand (X units) and Malaysia (X units) was the key exporter of non-motorised hand-operated mechanical floor sweepers in South-Eastern Asia, committing 81% of total export. Singapore (X units) held a 10% share (based on physical terms) of total exports, which put it in second place, followed by the Philippines (4.9%). Indonesia (X units) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +126.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Thailand ($X) and Singapore ($X) constituted the countries with the highest levels of exports in 2022, together comprising 79% of total exports. Malaysia, the Philippines and Indonesia lagged somewhat behind, together comprising a further 21%.

The Philippines, with a CAGR of +128.3%, saw the highest rates of growth with regard to 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 2022, the export price in South-Eastern Asia amounted to $X per unit, with an increase of 3.4% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the export price increased by 25%. Over the period under review, the export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.5%), while the other leaders experienced more modest paces of growth.

Imports of Non-Motorised Hand-Operated Mechanical Floor Sweepers

Imports in South-Eastern Asia

In 2022, approx. X units of non-motorised hand-operated mechanical floor sweepers were imported in South-Eastern Asia; growing by 30% on the year before. Over the period under review, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, mechanical hand floor sweeper imports rose notably to $X in 2022. Overall, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 44%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The Philippines represented the key importing country with an import of around X units, which amounted to 51% of total imports. Thailand (X units) took a 23% share (based on physical terms) of total imports, which put it in second place, followed by Indonesia (13%) and Singapore (6.1%). Vietnam (X units) and Malaysia (X units) took a minor share of total imports.

Imports into the Philippines increased at an average annual rate of +18.0% from 2012 to 2022. At the same time, Thailand (+21.2%), Vietnam (+10.6%), Singapore (+8.5%), Malaysia (+7.9%) and Indonesia (+4.9%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +21.2% from 2012-2022. From 2012 to 2022, the share of the Philippines and Thailand increased by +15 and +11 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest mechanical hand floor sweeper importing markets in South-Eastern Asia were the Philippines ($X), Singapore ($X) and Thailand ($X), together comprising 61% of total imports.

In terms of the main importing countries, the Philippines, with a CAGR of +21.4%, saw 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, declining by -18.4% against the previous year. In general, the import price showed a perceptible decline. The most prominent rate of growth was recorded in 2016 when the import price increased by 14% against the previous year. 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 Singapore ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+2.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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