South-Eastern Asia: Drawing Board Market 2024

Drawing Board Market Size in South-Eastern Asia

The Southeast Asian drawing board market declined slightly to $X in 2022, standing approx. at the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Drawing Board Production in South-Eastern Asia

In value terms, drawing board production dropped to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 34% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Drawing Board Exports

Exports in South-Eastern Asia

For the fifth consecutive year, South-Eastern Asia recorded decline in overseas shipments of slates and boards with writing or drawing surfaces, which decreased by -17.3% to X units in 2022. Over the period under review, exports recorded a slight downturn. The growth pace was the most rapid in 2017 with an increase of 288%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, drawing board exports reduced to $X in 2022. Overall, exports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2017 when exports increased by 222% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Indonesia represented the key exporting country with an export of around X units, which resulted at 59% of total exports. Vietnam (X units) took the second position in the ranking, distantly followed by Malaysia (X units) and Singapore (X units). All these countries together held approx. 38% share of total exports. The Philippines (X units) followed a long way behind the leaders.

Exports from Indonesia increased at an average annual rate of +66.3% from 2012 to 2022. At the same time, the Philippines (+141.5%) and Vietnam (+4.8%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +141.5% from 2012-2022. By contrast, Malaysia (-13.9%) and Singapore (-18.0%) illustrated a downward trend over the same period. While the share of Indonesia (+58 p.p.), Vietnam (+10 p.p.) and the Philippines (+2.5 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Singapore (-25 p.p.) and Malaysia (-30.7 p.p.) displayed negative dynamics.

In value terms, the largest drawing board supplying countries in South-Eastern Asia were Indonesia ($X), Vietnam ($X) and Malaysia ($X), with a combined 88% share of total exports. Singapore and the Philippines lagged somewhat behind, together comprising a further 9.8%.

The Philippines, with a CAGR of +157.7%, saw the highest rates of growth with regard to the value of exports, among 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

The export price in South-Eastern Asia stood at $X per unit in 2022, jumping by 19% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by 28%. The level of export peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per unit), while Indonesia ($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 (+6.7%), while the other leaders experienced more modest paces of growth.

Drawing Board Imports

Imports in South-Eastern Asia

For the third year in a row, South-Eastern Asia recorded growth in overseas purchases of slates and boards with writing or drawing surfaces, which increased by 1.9% to X units in 2022. Over the period under review, imports saw a measured expansion. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, drawing board imports expanded to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Philippines (X units), distantly followed by Malaysia (X units), Thailand (X units), Indonesia (X units) and Singapore (X units) represented the key importers of slates and boards with writing or drawing surfaces, together committing 91% of total imports. Cambodia (X units) and Vietnam (X units) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +15.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest drawing board importing markets in South-Eastern Asia were Malaysia ($X), the Philippines ($X) and Singapore ($X), with a combined 56% share of total imports. Indonesia, Thailand, Cambodia and Vietnam lagged somewhat behind, together accounting for a further 41%.

In terms of the main importing countries, Indonesia, with a CAGR of +10.4%, 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

The import price in South-Eastern Asia stood at $X per unit in 2022, remaining constant against the previous year. In general, the import price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 when the import price increased by 9.4%. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Cambodia (+3.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :