Asia: Manostat Market 2025

Manostat Market Size in Asia

The Asian manostat market expanded modestly to $X in 2022, rising by 3% against the previous year. Over the period under review, consumption, however, saw a pronounced slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Manostat Production in Asia

In value terms, manostat production rose to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Manostat Exports

Exports in Asia

In 2022, the amount of manostats exported in Asia shrank modestly to X units, approximately mirroring the previous year's figure. Total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +15.3% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 35%. Over the period under review, the exports reached the maximum at X units in 2021, and then declined modestly in the following year.

In value terms, manostat exports fell slightly to $X in 2022. Total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +16.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 24%. The level of export peaked at $X in 2021, and then reduced modestly in the following year.

Exports by Country

China was the largest exporter of manostats in Asia, with the volume of exports resulting at X units, which was near 59% of total exports in 2022. Japan (X units) ranks second in terms of the total exports with a 27% share, followed by India (5.2%). Turkey (X units), Singapore (X units) and Hong Kong SAR (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to manostat exports from China stood at +8.1%. At the same time, India (+49.5%), Turkey (+16.1%), Hong Kong SAR (+5.6%), Singapore (+4.8%) and Japan (+1.3%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of +49.5% from 2012-2022. From 2012 to 2022, the share of China, India and Turkey increased by +10, +5 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), China ($X) and India ($X) constituted the countries with the highest levels of exports in 2022, with a combined 81% share of total exports.

In terms of the main exporting countries, India, with a CAGR of +27.3%, recorded 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

In 2022, the export price in Asia amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by 20% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 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 Hong Kong SAR ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.7%), while the other leaders experienced more modest paces of growth.

Manostat Imports

Imports in Asia

In 2022, the amount of manostats imported in Asia reduced to X units, falling by -6% against 2021 figures. Total imports indicated a prominent expansion from 2012 to 2022: its volume 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 +24.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 38%. The volume of import peaked at X units in 2021, and then dropped in the following year.

In value terms, manostat imports dropped to $X in 2022. The total import value increased at an average annual rate of +3.7% 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 2018 with an increase of 21%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey represented the largest importer of manostats in Asia, with the volume of imports resulting at X units, which was approx. 43% of total imports in 2022. India (X units) ranks second in terms of the total imports with a 26% share, followed by China (11%) and the United Arab Emirates (4.7%). The following importers - Iran (X units), Singapore (X units) and Malaysia (X units) - together made up 6.9% of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +29.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and India ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 46% of total imports.

In terms of the main importing countries, India, with a CAGR of +11.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, surging by 3.8% against the previous year. Over the period under review, the import price, however, showed a slight decrease. The most prominent rate of growth was recorded in 2018 an increase of 21%. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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