ASEAN: Solid-Liquid Separator Market 2024

Solid-Liquid Separator Market Size in ASEAN

The ASEAN solid-liquid separator market rose notably to $X in 2022, with an increase of 14% against the previous year. The total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.9% 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 +90.5% against 2017 indices. The level of consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Solid-Liquid Separator Production in ASEAN

In value terms, solid-liquid separator production soared to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2017 with an increase of 300% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Solid-Liquid Separator Exports

Exports in ASEAN

In 2022, overseas shipments of machinery for solid-liquid separation decreased by -47.4% to X units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2017 when exports increased by 206%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, solid-liquid separator exports surged to $X in 2022. In general, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 123% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Singapore (X units) represented the main exporter of machinery for solid-liquid separation, committing 51% of total exports. Thailand (X units) ranks second in terms of the total exports with a 20% share, followed by Malaysia (15%), Indonesia (7.5%) and Vietnam (6.3%).

Exports from Singapore decreased at an average annual rate of -7.6% from 2012 to 2022. At the same time, Vietnam (+15.6%), Indonesia (+10.5%) and Thailand (+1.2%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +15.6% from 2012-2022. By contrast, Malaysia (-10.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand, Indonesia and Vietnam increased by +12, +6.2 and +5.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest solid-liquid separator supplier in ASEAN, comprising 82% of total exports. The second position in the ranking was held by Malaysia ($X), with a 7.8% share of total exports. It was followed by Thailand, with a 7.2% share.

In Singapore, solid-liquid separator exports expanded at an average annual rate of +9.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (-5.3% per year) and Thailand (+2.5% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, jumping by 164% against the previous year. Overall, the export price posted a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Indonesia (less than $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 (+18.4%), while the other leaders experienced more modest paces of growth.

Solid-Liquid Separator Imports

Imports in ASEAN

In 2022, approx. X units of machinery for solid-liquid separation were imported in ASEAN; approximately mirroring the year before. Total imports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.3% against 2020 indices. The pace of growth was the most pronounced in 2016 when imports increased by 44%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, solid-liquid separator imports skyrocketed to $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.8% against 2017 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 28%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Indonesia was the major importing country with an import of about X units, which amounted to 48% of total imports. Vietnam (X units) ranks second in terms of the total imports with a 23% share, followed by Malaysia (9.4%), Singapore (6.9%) and the Philippines (6.3%). Thailand (X units) and Cambodia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to solid-liquid separator imports into Indonesia stood at +5.5%. At the same time, the Philippines (+16.9%), Vietnam (+16.2%) and Cambodia (+8.6%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in ASEAN, with a CAGR of +16.9% from 2012-2022. By contrast, Malaysia (-2.5%), Singapore (-8.4%) and Thailand (-10.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam, Indonesia and the Philippines increased by +17, +11 and +4.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported machinery for solid-liquid separation in ASEAN, comprising 43% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 19% share of total imports. It was followed by Thailand, with an 11% share.

From 2012 to 2022, the average annual growth rate of value in Singapore stood at +9.9%. In the other countries, the average annual rates were as follows: Indonesia (+4.4% per year) and Thailand (-0.5% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, picking up by 20% against the previous year. Import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, solid-liquid separator import price increased by +10.6% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the import price increased by 63% against the previous year. 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 (less than $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 (+19.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform