South-Eastern Asia: Market for Insulated electric conductors for a voltage over 1000 V 2024

Market Size for Insulated electric conductors for a voltage over 1000 V in South-Eastern Asia

The Southeast Asian market for insulated electric conductors for a voltage over X v expanded significantly to $X in 2023, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Production of Insulated electric conductors for a voltage over X V in South-Eastern Asia

In value terms, production of insulated electric conductors for a voltage over X v reached $X in 2023 estimated in export price. The total production indicated slight growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2022 to 2023, production of growth remained at a somewhat lower figure.

Exports of Insulated electric conductors for a voltage over 1000 V

Exports in South-Eastern Asia

In 2023, shipments abroad of insulated electric conductors for a voltage over X v decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, exports, however, continue to indicate a slight expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2022, and then shrank in the following year.

In value terms, exports of insulated electric conductors for a voltage over X v contracted to $X in 2023. Over the period under review, exports, however, posted a tangible increase. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports of attained the peak figure at $X in 2022, and then contracted in the following year.

Exports by Country

In 2023, Vietnam (X tons) was the major exporter of insulated electric conductors for a voltage over X v, comprising X% of total exports. Thailand (X tons) held the second position in the ranking, followed by Cambodia (X tons), Indonesia (X tons) and Malaysia (X tons). All these countries together took near X% share of total exports. The following exporters - Singapore (X tons) and the Philippines (X tons) - each reached a X% share of total exports.

Exports from Vietnam increased at an average annual rate of X% from 2012 to 2023. At the same time, Cambodia (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2023. By contrast, the Philippines (X%), Thailand (X%), Indonesia (X%), Malaysia (X%) and Singapore (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.) and Cambodia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Indonesia (X p.p.), Singapore (X p.p.), Thailand (X p.p.) and Malaysia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest insulated electric conductors for a voltage over X v supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Cambodia, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Vietnam stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Cambodia (X% per year).

Export Prices by Country

In 2023, the export price in South-Eastern Asia amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

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 the Philippines ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced more modest paces of growth.

Imports of Insulated electric conductors for a voltage over 1000 V

Imports in South-Eastern Asia

In 2023, after two years of growth, there was significant decline in overseas purchases of insulated electric conductors for a voltage over X v, when their volume decreased by X% to X tons. In general, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of import peaked at X tons in 2022, and then fell markedly in the following year.

In value terms, imports of insulated electric conductors for a voltage over X v dropped sharply to $X in 2023. Total imports indicated moderate growth from 2012 to 2023: its value 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. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2023, the growth of imports of remained at a somewhat lower figure.

Imports by Country

The purchases of the five major importers of insulated electric conductors for a voltage over X v, namely Thailand, the Philippines, Indonesia, Vietnam and Singapore, represented more than two-thirds of total import. It was distantly followed by Malaysia (X tons), making up a X% share of total imports. Lao People's Democratic Republic (X tons) held a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), Thailand ($X) and Indonesia ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Vietnam, Malaysia, Singapore and Lao People's Democratic Republic lagged somewhat behind, together accounting for a further X%.

Lao People's Democratic Republic, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2023, the import price in South-Eastern Asia amounted to $X per ton, approximately reflecting the previous year. Overall, the import price showed a perceptible contraction. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 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 Malaysia ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2023, 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