South-Eastern Asia: Stone Sawing Machine Market 2025

Stone Sawing Machine Market Size in South-Eastern Asia

The Southeast Asian stone sawing machine market was finally on the rise to reach $X in 2021, after two years of decline. The total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -18.9% against 2018 indices. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Stone Sawing Machine Production in South-Eastern Asia

In value terms, stone sawing machine production soared to $X in 2021 estimated in export price. The total production indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -27.9% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of 56%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Stone Sawing Machine Exports

Exports in South-Eastern Asia

In 2021, approx. X units of sawing machines for working stone, ceramics and concrete were exported in South-Eastern Asia; picking up by 13% compared with 2020 figures. Total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -28.2% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 70% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, stone sawing machine exports contracted remarkably to $X in 2021. Overall, exports, however, recorded a noticeable slump. The growth pace was the most rapid in 2013 when exports increased by 325%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Thailand dominates exports structure, reaching X units, which was approx. 72% of total exports in 2021. Vietnam (X units) held an 8.1% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (6.1%), Indonesia (5.5%) and Singapore (4.9%). The Philippines (X units) held a little share of total exports.

Exports from Thailand increased at an average annual rate of +24.1% from 2012 to 2021. At the same time, Indonesia (+33.8%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +33.8% from 2012-2021. By contrast, Singapore (-6.1%), Vietnam (-6.8%), the Philippines (-7.9%) and Malaysia (-12.3%) illustrated a downward trend over the same period. Thailand (+55 p.p.) and Indonesia (+4.8 p.p.) significantly strengthened its position in terms of the total exports, while the Philippines, Singapore, Vietnam and Malaysia saw its share reduced by -6.9%, -9.2%, -17% and -26.9% from 2012 to 2021, respectively.

In value terms, Thailand ($X) remains the largest stone sawing machine supplier in South-Eastern Asia, comprising 70% of total exports. The second position in the ranking was taken by Vietnam ($X), with an 11% share of total exports. It was followed by Singapore, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value in Thailand stood at +21.2%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (-2.0% per year) and Singapore (-5.0% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2021, falling by -36.4% against the previous year. In general, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 an increase of 160%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+5.2%), while the other leaders experienced more modest paces of growth.

Stone Sawing Machine Imports

Imports in South-Eastern Asia

In 2021, approx. X units of sawing machines for working stone, ceramics and concrete were imported in South-Eastern Asia; declining by -2.9% compared with the year before. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 114%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, stone sawing machine imports rose rapidly to $X in 2021. Total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +15.8% against 2018 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 96%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Vietnam represented the largest importer of sawing machines for working stone, ceramics and concrete in South-Eastern Asia, with the volume of imports finishing at X units, which was near 38% of total imports in 2021. Malaysia (X units) ranks second in terms of the total imports with a 21% share, followed by Thailand (18%) and Indonesia (12%). The following importers - the Philippines (X units), Cambodia (X units) and Lao People's Democratic Republic (X units) - together made up 9.3% of total imports.

From 2012 to 2021, the biggest increases were recorded for Cambodia (with a CAGR of +35.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Malaysia ($X) and Cambodia ($X) constituted the countries with the highest levels of imports in 2021, with a combined 82% share of total imports.

In terms of the main importing countries, Cambodia, with a CAGR of +49.5%, recorded the highest growth rate of 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 unit, picking up by 14% against the previous year. Import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the import price increased by 42%. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 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 Cambodia ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cambodia (+9.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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