Asia: Solid-Liquid Separator Market 2024

Solid-Liquid Separator Market Size in Asia

In 2022, after two years of growth, there was significant decline in the Asian solid-liquid separator market, when its value decreased by -8% to $X. The total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.6% 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 +46.2% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2021, and then declined in the following year.

Solid-Liquid Separator Production in Asia

In value terms, solid-liquid separator production dropped slightly to $X in 2022 estimated in export price. The total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.3% 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 -3.5% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 27%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Solid-Liquid Separator Exports

Exports in Asia

In 2022, overseas shipments of machinery for solid-liquid separation were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a pronounced increase. The pace of growth was the most pronounced in 2017 when exports increased by 44%. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, solid-liquid separator exports reached $X in 2022. The total export value increased at an average annual rate of +4.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 24%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

China represented the key exporter of machinery for solid-liquid separation in Asia, with the volume of exports finishing at X units, which was near 56% of total exports in 2022. It was distantly followed by Japan (X units) and South Korea (X units), together committing a 26% share of total exports. Turkey (X units), India (X units), the United Arab Emirates (X units) and Singapore (X units) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to solid-liquid separator exports from China stood at +13.6%. At the same time, India (+13.7%), Turkey (+6.5%) and South Korea (+1.5%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of +13.7% from 2012-2022. Japan and the United Arab Emirates experienced a relatively flat trend pattern. By contrast, Singapore (-7.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and India increased by +31 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and Singapore ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 83% share of total exports. These countries were followed by India, South Korea, Turkey and the United Arab Emirates, which together accounted for a further 11%.

India, with a CAGR of +15.8%, saw the highest growth rate of the value of exports, in terms of 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 Asia stood at $X per unit in 2022, declining by -23.6% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the export price increased by 101% against the previous year. The level of export peaked at $X per unit in 2021, and then dropped markedly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the United Arab Emirates (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 Asia

Solid-liquid separator imports totaled X units in 2022, stabilizing at the previous year's figure. The total import volume increased at an average annual rate of +3.2% 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 appeared the most rapid in 2021 when imports increased by 17%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, solid-liquid separator imports totaled $X in 2022. Total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +64.6% against 2016 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China was the largest importer of machinery for solid-liquid separation in Asia, with the volume of imports amounting to X units, which was near 28% of total imports in 2022. South Korea (X units) ranks second in terms of the total imports with an 11% share, followed by Indonesia (9.5%), India (9.2%), Taiwan (Chinese) (6.5%), Turkey (5.3%) and Vietnam (4.7%). Japan (X units), the United Arab Emirates (X units), Malaysia (X units), Iraq (X units) and Hong Kong SAR (X units) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +1.1% from 2012 to 2022. At the same time, Vietnam (+16.2%), Hong Kong SAR (+16.1%), India (+13.5%), South Korea (+11.4%), Indonesia (+5.5%), Taiwan (Chinese) (+5.4%), Turkey (+3.9%) and Iraq (+1.5%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia, with a CAGR of +16.2% from 2012-2022. By contrast, Malaysia (-2.5%), Japan (-3.5%) and the United Arab Emirates (-3.8%) illustrated a downward trend over the same period. While the share of South Korea (+6.1 p.p.), India (+5.6 p.p.), Vietnam (+3.3 p.p.) and Indonesia (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (-2.7 p.p.), Japan (-3.5 p.p.) and China (-6.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported machinery for solid-liquid separation in Asia, comprising 36% of total imports. The second position in the ranking was taken by South Korea ($X), with a 12% share of total imports. It was followed by Taiwan (Chinese), with a 7.3% share.

In China, solid-liquid separator imports expanded at an average annual rate of +4.8% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+7.4% per year) and Taiwan (Chinese) (+6.1% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per unit, surging by 2.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2017 an increase of 15% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 China ($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 the United Arab Emirates (+6.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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