ASEAN: Market for Vacuum Cleaners With Motor 2024

Market Size for Vacuum Cleaners With Motor in ASEAN

The ASEAN vacuum cleaner with motor market contracted to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Vacuum Cleaners With Motor in ASEAN

In value terms, vacuum cleaner with motor production dropped slightly to $X in 2022 estimated in export price. The total production indicated notable growth 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Vacuum Cleaners With Motor

Exports in ASEAN

In 2022, after two years of growth, there was significant decline in overseas shipments of vacuum cleaners with motor, when their volume decreased by X% to X units. Total exports indicated prominent growth from 2012 to 2022: its volume 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 growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, vacuum cleaner with motor exports fell to $X in 2022. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded 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

Malaysia represented the largest exporter of vacuum cleaners with motor in ASEAN, with the volume of exports reaching X units, which was near X% of total exports in 2022. Vietnam (X units) took the second position in the ranking, distantly followed by Singapore (X units). All these countries together took near X% share of total exports. The following exporters - Indonesia (X units) and Thailand (X units) - each finished at a X% share of total exports.

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

In value terms, the largest vacuum cleaner with motor supplying countries in ASEAN were Malaysia ($X), Vietnam ($X) and Indonesia ($X), together accounting for X% of total exports.

Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries 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 ASEAN stood at $X per unit in 2022, reducing 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 2014 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

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

Imports of Vacuum Cleaners With Motor

Imports in ASEAN

For the fourth year in a row, ASEAN recorded growth in purchases abroad of vacuum cleaners with motor, which increased by X% to X units in 2022. In general, imports showed a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, vacuum cleaner with motor imports dropped to $X in 2022. Overall, imports saw resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Malaysia (X units), Singapore (X units) and Thailand (X units) represented the largest importer of vacuum cleaners with motor in ASEAN, making up X% of total import. It was distantly followed by the Philippines (X units), committing a X% share of total imports. The following importers - Indonesia (X units) and Vietnam (X units) - each recorded a X% share of total imports.

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

In value terms, Singapore ($X), Malaysia ($X) and Thailand ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Malaysia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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 ASEAN amounted to $X per unit, reducing by X% against the previous year. In general, the import price showed a pronounced reduction. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs 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 ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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