South-Eastern Asia - Planing, Milling or Moulding Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouth-Eastern Asia: Wood Milling Machine Market 2024
Wood Milling Machine Market Size in South-Eastern Asia
The Southeast Asian wood milling machine market shrank dramatically to $X in 2023, which is down by X% against the previous year. Overall, consumption, however, recorded a prominent increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.
Wood Milling Machine Production in South-Eastern Asia
In value terms, wood milling machine production reduced markedly to $X in 2023 estimated in export price. In general, production, however, enjoyed resilient growth. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.
Wood Milling Machine Exports
Exports in South-Eastern Asia
In 2023, shipments abroad of planing, milling or moulding machines increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports showed a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The volume of export peaked at X units in 2019; however, from 2020 to 2023, the exports remained at a lower figure.
In value terms, wood milling machine exports reduced sharply to $X in 2023. Overall, exports, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2023, the growth of the exports remained at a lower figure.
Exports by Country
Singapore was the major exporter of planing, milling or moulding machines in South-Eastern Asia, with the volume of exports finishing at X units, which was approx. X% of total exports in 2023. It was distantly followed by Thailand (X units), creating a X% share of total exports. Malaysia (X units) followed a long way behind the leaders.
Singapore was also the fastest-growing in terms of the planing, milling or moulding machines exports, with a CAGR of X% from 2012 to 2023. Thailand (X%) and Malaysia (X%) illustrated a downward trend over the same period. Singapore (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia and Thailand saw its share reduced by X% and X% from 2012 to 2023, respectively.
In value terms, Singapore ($X) remains the largest wood milling machine supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports.
In Singapore, wood milling machine exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Thailand (X% per year).
Export Prices by Country
The export price in South-Eastern Asia stood at $X per unit in 2023, falling by X% against the previous year. In general, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 an increase of X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while Thailand ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced a decline in the export price figures.
Wood Milling Machine Imports
Imports in South-Eastern Asia
In 2023, overseas purchases of planing, milling or moulding machines decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Total imports indicated a prominent increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked at X units in 2018; however, from 2019 to 2023, imports remained at a lower figure.
In value terms, wood milling machine imports shrank to $X in 2023. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2023, the growth of imports remained at a lower figure.
Imports by Country
Thailand prevails in imports structure, recording X units, which was approx. X% of total imports in 2023. Singapore (X units) ranks second in terms of the total imports with a X% share, followed by Vietnam (X%), the Philippines (X%) and Malaysia (X%). Indonesia (X units) and Myanmar (X units) followed a long way behind the leaders.
From 2012 to 2023, average annual rates of growth with regard to wood milling machine imports into Thailand stood at X%. At the same time, the Philippines (X%), Singapore (X%), Vietnam (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2023. Myanmar experienced a relatively flat trend pattern. By contrast, Indonesia (X%) illustrated a downward trend over the same period. Singapore (X p.p.), the Philippines (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total imports, while Myanmar, Indonesia and Thailand saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Vietnam ($X) constitutes the largest market for imported planing, milling or moulding machines in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.
In Vietnam, wood milling machine imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Indonesia (X% per year).
Import Prices by Country
The import price in South-Eastern Asia stood at $X per unit in 2023, with a decrease of X% against the previous year. In general, the import price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Vietnam ($X per unit), while Thailand ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the wood milling machine market in South-Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28491250 - Planing, milling or moulding (by cutting) machines for working wood, cork, bone, hard rubber, hard plastics or similar hard materials
Country coverage:
- Brunei Darussalam
- Cambodia
- Indonesia
- Lao People's Democratic Republic
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Timor-Leste
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in South-Eastern Asia, split by region and country
- Trade (exports and imports) in South-Eastern Asia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Timor-Leste
- Vietnam
- Lao People's Democratic Republic
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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