Singapore: Solid-Liquid Separator Market 2024

Solid-Liquid Separator Market Size in Singapore

The Singaporean solid-liquid separator market skyrocketed to $X in 2022, surging by 89% against the previous year. In general, consumption continues to indicate a strong expansion. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Solid-Liquid Separator Production in Singapore

In value terms, solid-liquid separator production stood at less than $X in 2022 estimated in export price. Over the period under review, production continues to indicate significant growth. The pace of growth was the most pronounced in 2013 with an increase of 886% against the previous year. Solid-liquid separator production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Solid-Liquid Separator Exports

Exports from Singapore

In 2022, overseas shipments of machinery for solid-liquid separation decreased by -66.1% to X units, falling for the second year in a row after three years of growth. Over the period under review, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by 25% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, solid-liquid separator exports surged to $X in 2022. In general, exports, however, saw a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X units), the United States (X units) and Indonesia (X units) were the main destinations of solid-liquid separator exports from Singapore, together accounting for 43% of total exports. India, Malaysia, Australia, Japan, Vietnam, Saudi Arabia, Thailand, South Korea, Taiwan (Chinese) and Hong Kong SAR lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +50.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for solid-liquid separator exported from Singapore were China ($X), the United States ($X) and Indonesia ($X), with a combined 45% share of total exports. India, Malaysia, Japan, Vietnam, Saudi Arabia, Thailand, South Korea, Taiwan (Chinese), Australia and Hong Kong SAR lagged somewhat behind, together comprising a further 37%.

Among the main countries of destination, Saudi Arabia, with a CAGR of +34.8%, 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

The average solid-liquid separator export price stood at $X per unit in 2022, jumping by 321% against the previous year. Over the period under review, the export price saw buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Australia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+37.3%), while the prices for the other major destinations experienced more modest paces of growth.

Solid-Liquid Separator Imports

Imports into Singapore

In 2022, purchases abroad of machinery for solid-liquid separation decreased by -69.9% to X units, falling for the second year in a row after four years of growth. In general, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2015 when imports increased by 63%. Over the period under review, imports reached the maximum at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, solid-liquid separator imports surged to $X in 2022. Overall, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of 69%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

The United States (X units), China (X units) and the Philippines (X units) were the main suppliers of solid-liquid separator imports to Singapore, with a combined 71% share of total imports. These countries were followed by Japan, Malaysia, Ireland, Germany, Indonesia, Italy and South Korea, which together accounted for a further 21%.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +106.5%), while purchases for the other leaders experienced a decline.

In value terms, the United States ($X) constituted the largest supplier of machinery for solid-liquid separation to Singapore, comprising 40% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by China, with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+18.8% per year) and China (+6.4% per year).

Import Prices by Country

In 2022, the average solid-liquid separator import price amounted to $X per unit, jumping by 383% against the previous year. Overall, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+72.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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