South-Eastern Asia: Printed Circuit Market 2024

Printed Circuit Market Size in South-Eastern Asia

In 2022, after two years of growth, there was decline in the Southeast Asian printed circuit market, when its value decreased by X% to $X. The total consumption indicated a resilient 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, consumption increased by X% against 2019 indices. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Printed Circuit Production in South-Eastern Asia

In value terms, printed circuit production shrank slightly to $X in 2022 estimated in export price. In general, production recorded a pronounced decline. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Printed Circuit Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of printed circuits increased by X% to X units, rising for the third year in a row after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in the near future.

In value terms, printed circuit exports rose notably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

Thailand (X units) and Malaysia (X units) represented roughly X% of total exports in 2022. Vietnam (X units) ranks next in terms of the total exports with a X% share, followed by the Philippines (X%) and Singapore (X%). Indonesia (X units) held a little share of total exports.

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

In value terms, the largest printed circuit supplying countries in South-Eastern Asia were Malaysia ($X), Vietnam ($X) and Thailand ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Vietnam, 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. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the export prices failed to regain momentum.

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

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

Printed Circuit Imports

Imports in South-Eastern Asia

In 2022, overseas purchases of printed circuits increased by X% to X units, rising for the third year in a row after two years of decline. In general, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, printed circuit imports rose notably to $X in 2022. Overall, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Vietnam (X units) represented the key importer of printed circuits, making up X% of total imports. Malaysia (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by the Philippines (X%), Thailand (X%), Indonesia (X%) and Singapore (X%).

Imports into Vietnam increased at an average annual rate of X% from 2012 to 2022. At the same time, the Philippines (X%), Thailand (X%) and Indonesia (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 2012-2022. Singapore experienced a relatively flat trend pattern. By contrast, Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam and the Philippines increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

The Philippines, with a CAGR of X%, recorded 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 South-Eastern Asia amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price saw a pronounced increase. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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