Asia-Pacific: Centrifugal Cream Separator Market 2024

Centrifugal Cream Separator Market Size in Asia-Pacific

The Asia-Pacific centrifugal cream separator market reduced slightly to $X in 2021, waning by -3.1% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Centrifugal Cream Separator Production in Asia-Pacific

In value terms, centrifugal cream separator production shrank slightly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 2.3%. Over the period under review, production reached the maximum level at $X in 2020, and then shrank slightly in the following year.

Centrifugal Cream Separator Exports

Exports in Asia-Pacific

In 2021, overseas shipments of centrifugal cream separators increased by 35% to X units, rising for the second consecutive year after two years of decline. Overall, exports continue to indicate a strong expansion. The growth pace was the most rapid in 2017 with an increase of 255%. The volume of export peaked in 2021 and is likely to continue growth in years to come.

In value terms, centrifugal cream separator exports dropped markedly to $X in 2021. In general, exports showed buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of 395%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

China represented the largest exporting country with an export of about X units, which finished at 72% of total exports. It was distantly followed by India (X units), mixing up a 19% share of total exports. The following exporters - Singapore (X units) and Japan (X units) - each finished at a 6.5% share of total exports.

China was also the fastest-growing in terms of the centrifugal cream separators exports, with a CAGR of +50.9% from 2012 to 2021. At the same time, India (+24.3%) displayed positive paces of growth. Japan experienced a relatively flat trend pattern. By contrast, Singapore (-20.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China and India increased by +67 and +12 percentage points, respectively.

In value terms, India ($X) remains the largest centrifugal cream separator supplier in Asia-Pacific, comprising 70% of total exports. The second position in the ranking was held by Singapore ($X), with an 8.9% share of total exports. It was followed by China, with an 8.4% share.

In India, centrifugal cream separator exports increased at an average annual rate of +16.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Singapore (-6.9% per year) and China (+20.1% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2021, reducing by -49.6% against the previous year. In general, the export price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2015 when the export price increased by 207% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+16.5%), while the other leaders experienced a decline in the export price figures.

Centrifugal Cream Separator Imports

Imports in Asia-Pacific

In 2021, approx. X units of centrifugal cream separators were imported in Asia-Pacific; which is down by -38.8% against 2020 figures. Over the period under review, imports, however, posted noticeable growth. The growth pace was the most rapid in 2013 with an increase of 101%. The volume of import peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, centrifugal cream separator imports soared to $X in 2021. Overall, imports continue to indicate a perceptible slump. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Singapore (X units) and India (X units) dominates imports structure, together constituting 80% of total imports. It was distantly followed by Myanmar (X units), comprising a 6.7% share of total imports. The following importers - Nepal (X units) and Vietnam (X units) - together made up 5.1% of total imports.

From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of +55.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported centrifugal cream separators in Asia-Pacific, comprising 35% of total imports. The second position in the ranking was held by Vietnam ($X), with a 2.9% share of total imports. It was followed by Nepal, with a 1.9% share.

In India, centrifugal cream separator imports expanded at an average annual rate of +1.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Vietnam (+16.1% per year) and Nepal (+31.6% per year).

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per unit, jumping by 144% against the previous year. Over the period under review, the import price, however, continues to indicate a deep downturn. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per unit), while Singapore ($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 (+9.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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