South-Eastern Asia: Market for Wiring sets used in vehicles, aircraft or ships 2025

Market Size for Wiring sets used in vehicles, aircraft or ships in South-Eastern Asia

The Southeast Asian market for wiring sets used in vehicles, aircraft or ships reduced modestly to $X in 2022, approximately equating the previous year. In general, consumption, however, enjoyed a prominent expansion. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Wiring sets used in vehicles, aircraft or ships in South-Eastern Asia

In value terms, production of wiring sets used in vehicles, aircraft or ships shrank modestly to $X in 2022 estimated in export price. The total production indicated a notable increase 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 -7.0% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 104% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth remained at a lower figure.

Exports of Wiring sets used in vehicles, aircraft or ships

Exports in South-Eastern Asia

In 2022, approx. X tons of wiring sets used in vehicles, aircraft or ships were exported in South-Eastern Asia; almost unchanged from the previous year's figure. The total export volume increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 18% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of wiring sets used in vehicles, aircraft or ships reduced modestly to $X in 2022. Total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.5% 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 +70.9% against 2012 indices. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, the exports attained the peak of $X, and then declined modestly in the following year.

Exports by Country

Vietnam (X tons) and the Philippines (X tons) represented the largest exporters of wiring sets used in vehicles, aircraft or ships in 2022, accounting for approx. 38% and 37% of total exports, respectively. It was distantly followed by Indonesia (X tons) and Thailand (X tons), together comprising an 18% share of total exports. Cambodia (X tons) and Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +23.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), the Philippines ($X) and Indonesia ($X) constituted the countries with the highest levels of exports in 2022, with a combined 87% share of total exports. Thailand, Cambodia and Singapore lagged somewhat behind, together accounting for a further 12%.

In terms of the main exporting countries, Cambodia, with a CAGR of +24.6%, recorded the highest rates of growth with regard to 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 2022, the export price in South-Eastern Asia amounted to $X per ton, declining by -1.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2021 when the export price increased by 8.3% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank modestly in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Indonesia ($X per ton) and Thailand ($X per ton), while Cambodia ($X per ton) and the Philippines ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+2.5%), while the other leaders experienced more modest paces of growth.

Imports of Wiring sets used in vehicles, aircraft or ships

Imports in South-Eastern Asia

In 2022, overseas purchases of wiring sets used in vehicles, aircraft or ships increased by 5.2% to X tons, rising for the second year in a row after two years of decline. Total imports indicated prominent growth from 2012 to 2022: its volume 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 +69.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 61%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of wiring sets used in vehicles, aircraft or ships expanded to $X in 2022. Total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.8% 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 +45.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

The countries with the highest levels of imports of wiring sets used in vehicles, aircraft or ships in 2022 were Singapore (X tons), Thailand (X tons), the Philippines (X tons) and Indonesia (X tons), together amounting to 86% of total import. It was distantly followed by Vietnam (X tons), generating an 8.5% share of total imports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Singapore (with a CAGR of +16.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wiring sets used in vehicles, aircraft or ships importing markets in South-Eastern Asia were Thailand ($X), Singapore ($X) and Indonesia ($X), with a combined 68% share of total imports. The Philippines, Vietnam and Malaysia lagged somewhat behind, together comprising a further 31%.

In terms of the main importing countries, the Philippines, with a CAGR of +17.5%, 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

In 2022, the import price in South-Eastern Asia amounted to $X per ton, shrinking by -3.1% against the previous year. Over the period under review, the import price saw a mild shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 7.4%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Malaysia ($X per ton), while Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+2.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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