South-Eastern Asia: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in South-Eastern Asia

The Southeast Asian confectionery-making industrial machinery market shrank to $X in 2022, which is down by X% against the previous year. In general, consumption showed a drastic downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Confectionery-Making Industrial Machinery Production in South-Eastern Asia

In value terms, confectionery-making industrial machinery production dropped to $X in 2022 estimated in export price. Overall, production saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Confectionery-Making Industrial Machinery Exports

Exports in South-Eastern Asia

In 2022, the amount of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exported in South-Eastern Asia dropped remarkably to X units, waning by X% against the year before. Over the period under review, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, confectionery-making industrial machinery exports skyrocketed to $X in 2022. Overall, exports recorded a perceptible setback. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate, namely Singapore, Thailand and Malaysia, represented more than two-thirds of total export. It was distantly followed by Indonesia (X units), the Philippines (X units) and Vietnam (X units), together comprising a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Thailand (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) emerged as the largest confectionery-making industrial machinery supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Thailand totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, with an increase of X% against the previous year. Export price indicated a resilient increase from 2012 to 2022: its price 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, confectionery-making industrial machinery export price increased by X% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Thailand ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

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

Confectionery-Making Industrial Machinery Imports

Imports in South-Eastern Asia

In 2022, overseas purchases of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, confectionery-making industrial machinery imports surged to $X in 2022. Overall, imports, however, continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Indonesia (X units) represented the major importer of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate, achieving X% of total imports. Thailand (X units) ranks second in terms of the total imports with a X% share, followed by Malaysia (X%). The Philippines (X units), Vietnam (X units), Singapore (X units) and Cambodia (X units) took a minor share of total imports.

Imports into Indonesia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Cambodia (X%), the Philippines (X%), Thailand (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) and Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand, Indonesia, the Philippines and Vietnam increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by the Philippines, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Indonesia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and the Philippines (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the import price increased by X%. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, 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 ($X per unit), while Thailand ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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