Eastern Asia: Solid-Liquid Separator Market 2024

Solid-Liquid Separator Market Size in Eastern Asia

In 2022, the East Asian solid-liquid separator market decreased by -17.2% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate a prominent increase. Over the period under review, the market reached the peak level at $X in 2021, and then contracted sharply in the following year.

Solid-Liquid Separator Production in Eastern Asia

In value terms, solid-liquid separator production totaled $X in 2022 estimated in export price. The total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.0% 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 -1.1% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 54%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Solid-Liquid Separator Exports

Exports in Eastern Asia

After two years of decline, overseas shipments of machinery for solid-liquid separation increased by 56% to X units in 2022. Over the period under review, exports enjoyed strong growth. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, solid-liquid separator exports expanded modestly to $X in 2022. The total export value increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when exports increased by 16% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

China was the key exporter of machinery for solid-liquid separation in Eastern Asia, with the volume of exports resulting at X units, which was approx. 66% of total exports in 2022. It was distantly followed by Japan (X units) and South Korea (X units), together achieving a 31% share of total exports. Taiwan (Chinese) (X units) held a minor share of total exports.

China was also the fastest-growing in terms of the machinery for solid-liquid separation exports, with a CAGR of +13.6% from 2012 to 2022. At the same time, South Korea (+1.5%) displayed positive paces of growth. Japan experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (-4.5%) illustrated a downward trend over the same period. China (+32 p.p.) significantly strengthened its position in terms of the total exports, while South Korea, Taiwan (Chinese) and Japan saw its share reduced by -3.6%, -3.9% and -24.3% from 2012 to 2022, respectively.

In value terms, the largest solid-liquid separator supplying countries in Eastern Asia were China ($X), Japan ($X) and South Korea ($X), with a combined 96% share of total exports.

China, with a CAGR of +8.4%, saw the highest growth rate of the value of exports, among 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

In 2022, the export price in Eastern Asia amounted to $X per unit, with a decrease of -33.7% against the previous year. Over the period under review, the export price recorded a mild descent. The pace of growth appeared the most rapid in 2020 an increase of 133% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2021, and then declined significantly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.6%), while the other leaders experienced more modest paces of growth.

Solid-Liquid Separator Imports

Imports in Eastern Asia

In 2022, after two years of growth, there was decline in supplies from abroad of machinery for solid-liquid separation, when their volume decreased by -4.1% to X units. Total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +2.9% 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 +30.7% against 2018 indices. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year. As a result, imports attained the peak of X units, and then shrank slightly in the following year.

In value terms, solid-liquid separator imports declined to $X in 2022. Total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 +98.7% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

China represented the major importer of machinery for solid-liquid separation in Eastern Asia, with the volume of imports resulting at X units, which was approx. 55% of total imports in 2022. South Korea (X units) ranks second in terms of the total imports with a 22% share, followed by Taiwan (Chinese) (13%) and Japan (7.1%). Hong Kong SAR (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 China stood at +1.1%. At the same time, Hong Kong SAR (+16.1%), South Korea (+11.4%) and Taiwan (Chinese) (+5.4%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +16.1% from 2012-2022. By contrast, Japan (-3.5%) illustrated a downward trend over the same period. While the share of South Korea (+12 p.p.), Taiwan (Chinese) (+2.6 p.p.) and Hong Kong SAR (+2.1 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Japan (-6.4 p.p.) and China (-10.7 p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported machinery for solid-liquid separation in Eastern Asia, comprising 60% of total imports. The second position in the ranking was taken by South Korea ($X), with a 20% share of total imports. It was followed by Taiwan (Chinese), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +4.8%. In the other countries, the average annual rates were as follows: South Korea (+7.4% per year) and Taiwan (Chinese) (+6.1% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, growing by 3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2020 an increase of 15%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Hong Kong SAR ($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 (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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