South-Eastern Asia: Refrigerated Show-Cases Market 2025

Refrigerated Show-Cases Market Size in South-Eastern Asia

The Southeast Asian refrigerated show-cases market amounted to $X in 2022, increasing by 1.9% against the previous year. The total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.1% against 2020 indices. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Refrigerated Show-Cases Production in South-Eastern Asia

In value terms, refrigerated show-cases production amounted to $X in 2022 estimated in export price. The total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 24% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Refrigerated Show-Cases Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of refrigerated show-caseses increased by 17% to X units, rising for the fourth year in a row after two years of decline. Total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +6.4% 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 +95.1% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, refrigerated show-cases exports reached $X in 2022. Over the period under review, exports, however, recorded a slight decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 21%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand was the major exporter of refrigerated show-caseses in South-Eastern Asia, with the volume of exports accounting for X units, which was approx. 74% of total exports in 2022. It was distantly followed by Malaysia (X units), constituting a 20% share of total exports. Singapore (X units) and Vietnam (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to refrigerated show-cases exports from Thailand stood at +11.9%. At the same time, Vietnam (+27.7%) and Malaysia (+7.5%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +27.7% from 2012-2022. By contrast, Singapore (-5.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand, Malaysia and Vietnam increased by +29, +1.8 and +1.7 percentage points, respectively.

In value terms, Thailand ($X) remains the largest refrigerated show-cases supplier in South-Eastern Asia, comprising 74% of total exports. The second position in the ranking was held by Malaysia ($X), with a 15% share of total exports. It was followed by Vietnam, with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Thailand amounted to +2.2%. In the other countries, the average annual rates were as follows: Malaysia (+1.8% per year) and Vietnam (+26.0% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, reducing by -10.4% against the previous year. Over the period under review, the export price recorded a deep setback. The growth pace was the most rapid in 2017 when the export price increased by 14% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 Vietnam (-1.3%), while the other leaders experienced a decline in the export price figures.

Refrigerated Show-Cases Imports

Imports in South-Eastern Asia

Refrigerated show-cases imports reached X units in 2022, surging by 12% on 2021. In general, imports showed a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of 21%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, refrigerated show-cases imports amounted to $X in 2022. Total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +116.6% against 2012 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

The Philippines (X units), Indonesia (X units), Thailand (X units), Malaysia (X units), Vietnam (X units) and Singapore (X units) represented roughly 95% of total imports in 2022. Myanmar (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +42.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest refrigerated show-cases importing markets in South-Eastern Asia were Indonesia ($X), the Philippines ($X) and Vietnam ($X), with a combined 63% share of total imports. Thailand, Malaysia, Singapore and Myanmar lagged somewhat behind, together comprising a further 34%.

In terms of the main importing countries, Myanmar, with a CAGR of +25.8%, 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 2022, dropping by -7.7% against the previous year. In general, the import price saw a mild descent. The growth pace was the most rapid in 2013 when the import price increased by 11%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform