South-Eastern Asia: Iron Household Articles Market 2025

Iron Household Articles Market Size in South-Eastern Asia

The Southeast Asian iron household articles market soared to $X in 2021, increasing by 21% against the previous year. The total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% 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 -6.6% against 2017 indices. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Iron Household Articles Production in South-Eastern Asia

In value terms, iron household articles production rose rapidly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a temperate expansion. The growth pace was the most rapid in 2017 with an increase of 58%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Iron Household Articles Exports

Exports in South-Eastern Asia

In 2021, exports of table, kitchen or household articles and parts of iron in South-Eastern Asia plummeted to X tons, shrinking by -26.9% against 2020. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 28% against the previous year. As a result, the exports attained the peak of X tons, and then dropped dramatically in the following year.

In value terms, iron household articles exports reduced dramatically to $X in 2021. In general, exports, however, recorded a slight increase. The most prominent rate of growth was recorded in 2017 when exports increased by 45%. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Thailand (X tons), Malaysia (X tons), Cambodia (X tons), Indonesia (X tons) and Vietnam (X tons), together recording 94% of total export. It was distantly followed by Singapore (X tons), committing a 5.5% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Malaysia (with a CAGR of +25.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest iron household articles supplying countries in South-Eastern Asia were Malaysia ($X), Cambodia ($X) and Vietnam ($X), with a combined 62% share of total exports.

In terms of the main exporting countries, Cambodia, with a CAGR of +34.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, declining by -4.1% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 74% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, 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 Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cambodia (+16.5%), while the other leaders experienced more modest paces of growth.

Iron Household Articles Imports

Imports in South-Eastern Asia

Iron household articles imports soared to X tons in 2021, jumping by 25% against 2020 figures. Total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +8.7% 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 +29.4% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of 74%. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, iron household articles imports soared to $X in 2021. Total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +9.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 169% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of table, kitchen or household articles and parts of iron, namely Thailand, Malaysia and Indonesia, represented more than two-thirds of total import. It was distantly followed by Singapore (X tons), the Philippines (X tons) and Vietnam (X tons), together mixing up a 26% share of total imports. Myanmar (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +28.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Malaysia ($X) and Thailand ($X) were the countries with the highest levels of imports in 2021, with a combined 61% share of total imports. These countries were followed by the Philippines, Indonesia, Vietnam and Myanmar, which together accounted for a further 37%.

In terms of the main importing countries, Vietnam, with a CAGR of +23.0%, 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 ton, declining by -2.9% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by 55%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Philippines ($X per ton), while Myanmar ($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 (+14.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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