South-Eastern Asia: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in South-Eastern Asia

In 2021, the Southeast Asian respiration apparatus market increased by 44% to $X, rising for the third year in a row after two years of decline. Overall, consumption showed a buoyant expansion. The level of consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Respiration Apparatus Production in South-Eastern Asia

In value terms, respiration apparatus production amounted to $X in 2021 estimated in export price. Over the period under review, production recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 171% against the previous year. The level of production peaked at $X in 2019; afterwards, it flattened through to 2021.

Respiration Apparatus Exports

Exports in South-Eastern Asia

In 2021, shipments abroad of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus decreased by -4.1% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2014 with an increase of 354%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, respiration apparatus exports reached $X in 2021. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 255%. The level of export peaked at $X in 2019; afterwards, it flattened through to 2021.

Exports by Country

Singapore was the key exporter of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus in South-Eastern Asia, with the volume of exports recording X tons, which was near 61% of total exports in 2021. It was distantly followed by Malaysia (X tons), creating a 33% share of total exports. The following exporters - Thailand (X tons), Indonesia (X tons) and Vietnam (X tons) - each recorded a 6.1% share of total exports.

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 +79.9%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the largest respiration apparatus supplier in South-Eastern Asia, comprising 91% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 6.8% share of total exports. It was followed by Indonesia, with a 1.1% share.

From 2012 to 2021, the average annual growth rate of value in Singapore stood at +61.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (+9.2% per year) and Indonesia (+92.3% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, rising by 8% against the previous year. Export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +9.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, respiration apparatus export price increased by +15.8% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 90%. The level of export peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+8.2%), while the other leaders experienced mixed trends in the export price figures.

Respiration Apparatus Imports

Imports in South-Eastern Asia

In 2021, the amount of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus imported in South-Eastern Asia soared to X tons, growing by 27% on the previous year's figure. Overall, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, respiration apparatus imports soared to $X in 2021. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2015 when imports increased by 61%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the immediate term.

Imports by Country

Indonesia (X tons) and Singapore (X tons) were the largest importers of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus in 2021, accounting for near 33% and 26% of total imports, respectively. Thailand (X tons) took a 17% share (based on physical terms) of total imports, which put it in second place, followed by the Philippines (10%), Malaysia (7.2%) and Vietnam (5.5%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Indonesia (with a CAGR of +32.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Indonesia ($X) and Thailand ($X) were the countries with the highest levels of imports in 2021, with a combined 78% share of total imports.

In terms of the main importing countries, Indonesia, with a CAGR of +30.3%, 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 2021, the import price in South-Eastern Asia amounted to $X per ton, almost unchanged from the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the import price increased by 16%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+8.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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