South-Eastern Asia: Variable Capacitor Market 2024

Variable Capacitor Market Size in South-Eastern Asia

The Southeast Asian variable capacitor market dropped rapidly to $X in 2022, waning by -43.5% against the previous year. In general, consumption posted a slight increase. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Variable Capacitor Production in South-Eastern Asia

In value terms, variable capacitor production surged to $X in 2022 estimated in export price. Over the period under review, production recorded a deep reduction. The pace of growth was the most pronounced in 2014 when the production volume increased by 50%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Variable Capacitor Exports

Exports by Country

Singapore represented the key exporting country with an export of about X units, which recorded 82% of total exports. It was distantly followed by Malaysia (X units), achieving a 16% share of total exports. Indonesia (X units) followed a long way behind the leaders.

From 2020 to 2022, average annual rates of growth with regard to variable capacitor exports from Singapore stood at -39.5%. At the same time, Malaysia (+24.3%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +24.3% from 2020-2022. By contrast, Indonesia (-24.9%) illustrated a downward trend over the same period. From 2020 to 2022, the share of Malaysia increased by +12 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest variable capacitor supplier in South-Eastern Asia, comprising 76% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 21% share of total exports.

In Singapore, variable capacitor exports increased at an average annual rate of +14.1% over the period from 2020-2022. In the other countries, the average annual rates were as follows: Malaysia (+120.8% per year) and Indonesia (-76.4% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, increasing by 37% against the previous year. In general, the export price enjoyed a significant increase. The growth pace was the most rapid in 2021 when the export price increased by 166% against the previous year. Over the period under review, the export prices hit record highs in 2022 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 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+88.5%), while the other leaders experienced mixed trends in the export price figures.

Variable Capacitor Imports

Imports in South-Eastern Asia

Variable capacitor imports surged to X units in 2022, jumping by 78% against the previous year's figure. In general, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 290,831%. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, variable capacitor imports dropped to $X in 2022. Overall, imports, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 26%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Vietnam was the key importer of variable capacitors in South-Eastern Asia, with the volume of imports accounting for X units, which was approx. 68% of total imports in 2022. Malaysia (X units) took the second position in the ranking, distantly followed by Indonesia (X units). All these countries together took near 31% share of total imports.

Vietnam was also the fastest-growing in terms of the variable capacitors imports, with a CAGR of +1,226.9% from 2012 to 2022. At the same time, Indonesia (+9.1%) and Malaysia (+2.6%) displayed positive paces of growth. While the share of Vietnam (+68 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Indonesia (-3.8 p.p.) and Malaysia (-55 p.p.) displayed negative dynamics.

In value terms, Malaysia ($X) constitutes the largest market for imported variable capacitors in South-Eastern Asia, comprising 46% of total imports. The second position in the ranking was held by Indonesia ($X), with a 9.8% share of total imports.

In Malaysia, variable capacitor imports plunged by an average annual rate of -8.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Indonesia (-2.0% per year) and Vietnam (+27.3% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, declining by -52.3% against the previous year. Overall, the import price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 an increase of 25,880% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 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 Indonesia ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-10.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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