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ASEAN - Motor Vehicles for Travelling on Snow or Golf Cars - Market Analysis, Forecast, Size, Trends and Insights
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Snow Motor Vehicle Market Size in ASEAN
The ASEAN snow motor vehicle market soared to $X in 2021, rising by 92% against the previous year. Overall, consumption saw a remarkable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Snow Motor Vehicle Production in ASEAN
In value terms, snow motor vehicle production rose notably to $X in 2021 estimated in export price. The total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -8.1% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 33%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.
Snow Motor Vehicle Exports
Exports in ASEAN
In 2021, approx. X units of motor vehicles for travelling on snow or golf cars were exported in ASEAN; picking up by 89% compared with 2020 figures. Overall, exports recorded a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of 253%. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, snow motor vehicle exports surged to $X in 2021. In general, exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of 103%. The level of export peaked in 2021 and is likely to see steady growth in the near future.
Exports by Country
In 2021, Vietnam (X units) represented the key exporter of motor vehicles for travelling on snow or golf cars, making up 75% of total exports. Thailand (X units) ranks second in terms of the total exports with a 19% share, followed by Singapore (4.8%).
From 2012 to 2021, average annual rates of growth with regard to snow motor vehicle exports from Vietnam stood at +26.3%. At the same time, Thailand (+30.0%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +30.0% from 2012-2021. By contrast, Singapore (-11.1%) illustrated a downward trend over the same period. Vietnam (+39 p.p.) and Thailand (+12 p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by -50% from 2012 to 2021, respectively.
In value terms, Vietnam ($X) remains the largest snow motor vehicle supplier in ASEAN, comprising 81% of total exports. The second position in the ranking was held by Thailand ($X), with a 14% share of total exports.
In Vietnam, snow motor vehicle exports increased at an average annual rate of +51.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (+15.5% per year) and Singapore (-13.4% per year).
Export Prices by Country
The export price in ASEAN stood at $X per unit in 2021, waning by -25.1% against the previous year. Over the period under review, the export price, however, continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2017 an increase of 80%. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.
Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Vietnam ($X per unit), while Thailand ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+19.6%), while the other leaders experienced a decline in the export price figures.
Snow Motor Vehicle Imports
Imports in ASEAN
In 2021, purchases abroad of motor vehicles for travelling on snow or golf cars was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, snow motor vehicle imports surged to $X in 2021. In general, imports saw a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.
Imports by Country
Thailand dominates imports structure, reaching X units, which was near 88% of total imports in 2021. It was distantly followed by the Philippines (X units), creating a 5.8% share of total imports. Vietnam (X units) and Singapore (X units) followed a long way behind the leaders.
Thailand was also the fastest-growing in terms of the motor vehicles for travelling on snow or golf cars imports, with a CAGR of +39.8% from 2012 to 2021. At the same time, the Philippines (+13.8%) and Vietnam (+9.5%) displayed positive paces of growth. By contrast, Singapore (-10.0%) illustrated a downward trend over the same period. While the share of Thailand (+64 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Vietnam (-3.6 p.p.), the Philippines (-4.1 p.p.) and Singapore (-26.1 p.p.) displayed negative dynamics.
In value terms, Thailand ($X) constitutes the largest market for imported motor vehicles for travelling on snow or golf cars in ASEAN, comprising 47% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 17% share of total imports. It was followed by the Philippines, with a 14% share.
From 2012 to 2021, the average annual growth rate of value in Thailand totaled +3.6%. In the other countries, the average annual rates were as follows: Vietnam (+9.9% per year) and the Philippines (+21.5% per year).
Import Prices by Country
In 2021, the import price in ASEAN amounted to $X per unit, declining by -67% against the previous year. Overall, the import price showed a abrupt decline. The pace of growth appeared the most rapid in 2019 an increase of 28% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Vietnam ($X per unit), while Thailand ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+6.7%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Market Intelligence Platform
| Base Year | Historical Period | Forecast Period | Units |
|---|---|---|---|
| 2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
What are the largest markets for motor vehicles for travelling on snow or golf cars in ASEAN?
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The countries with the highest volumes of consumption in 2021 were Thailand, Vietnam and the Philippines, together comprising 97% of total consumption.
What are the largest producers of motor vehicles for travelling on snow or golf cars in ASEAN?
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Vietnam remains the largest snow motor vehicle producing country in ASEAN, comprising approx. 96% of total volume. It was followed by Thailand, with a 2.6% share of total production.
What are the leading exporters of motor vehicles for travelling on snow or golf cars in ASEAN?
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In value terms, Vietnam remains the largest snow motor vehicle supplier in ASEAN, comprising 81% of total exports. The second position in the ranking was held by Thailand, with a 14% share of total exports.
What are the leading importers of motor vehicles for travelling on snow or golf cars in ASEAN?
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In value terms, Thailand constitutes the largest market for imported motor vehicles for travelling on snow or golf cars in ASEAN, comprising 47% of total imports. The second position in the ranking was taken by Vietnam, with a 17% share of total imports. It was followed by the Philippines, with a 14% share.
What is the average export price for motor vehicles for travelling on snow or golf cars in ASEAN?
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The export price in ASEAN stood at $2,885 per unit in 2021, which is down by -25.1% against the previous year.
What is the average import price for motor vehicles for travelling on snow or golf cars in ASEAN?
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In 2021, the import price in ASEAN amounted to $660 per unit, shrinking by -67% against the previous year.
This report provides an in-depth analysis of the snow motor vehicle market in ASEAN. 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 29105200 - Motor vehicles specially designed for travelling on snow, golf cars and similar vehicles
Country coverage:
• Brunei Darussalam
• Cambodia
• Indonesia
• Lao People's Democratic Republic
• Malaysia
• Myanmar
• Philippines
• Singapore
• Thailand
• Vietnam
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in ASEAN, split by region and country
• Trade (exports and imports) in ASEAN
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
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
• Vietnam
• Lao People's Democratic Republic
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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