South-Eastern Asia: Market for Non-Domestic Heat Exchange Units 2024

Market Size for Non-Domestic Heat Exchange Units in South-Eastern Asia

The Southeast Asian non-domestic heat exchange unit market surged to $X in 2022, picking up by X% against the previous year. Overall, consumption continues to indicate a prominent expansion. The level of consumption peaked in 2022 and is likely to see gradual growth in the near future.

Production of Non-Domestic Heat Exchange Units in South-Eastern Asia

In value terms, non-domestic heat exchange unit production soared to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a buoyant increase. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Non-Domestic Heat Exchange Units

Exports in South-Eastern Asia

In 2022, non-domestic heat exchange unit exports in South-Eastern Asia skyrocketed to X units, with an increase of X% compared with 2021 figures. Overall, exports saw a strong increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, non-domestic heat exchange unit exports soared to $X in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Malaysia (X units), Singapore (X units) and Thailand (X units) was the key exporter of non-domestic heat exchange units in South-Eastern Asia, creating X% of total export. It was distantly followed by Cambodia (X units), making up a X% share of total exports. Vietnam (X units) followed a long way behind the leaders.

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

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

In terms of the main exporting countries, Cambodia, with a CAGR of X%, saw 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

The export price in South-Eastern Asia stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price, however, showed a pronounced descent. The growth pace was the most rapid in 2015 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the export prices remained at a somewhat lower figure.

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

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

Imports of Non-Domestic Heat Exchange Units

Imports in South-Eastern Asia

Non-domestic heat exchange unit imports surged to X units in 2022, rising by X% against the previous year. Over the period under review, imports recorded a strong expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, non-domestic heat exchange unit imports declined slightly to $X in 2022. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then contracted in the following year.

Imports by Country

Thailand represented the key importer of non-domestic heat exchange units in South-Eastern Asia, with the volume of imports finishing at X units, which was approx. X% of total imports in 2022. Malaysia (X units) held the second position in the ranking, distantly followed by the Philippines (X units) and Singapore (X units). All these countries together held approx. X% share of total imports. Indonesia (X units) and Vietnam (X units) followed a long way behind the leaders.

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

In value terms, Indonesia ($X), Singapore ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Vietnam, Malaysia and the Philippines lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, the Philippines, with a CAGR of X%, 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 unit, falling by X% against the previous year. In general, the import price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2015 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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