South-Eastern Asia: Centrifugal Cream Separator Market 2024

Centrifugal Cream Separator Market Size in South-Eastern Asia

The Southeast Asian centrifugal cream separator market dropped modestly to $X in 2021, which is down by -3.7% against the previous year. The market value increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The level of consumption peaked at $X in 2020, and then reduced modestly in the following year.

Centrifugal Cream Separator Production in South-Eastern Asia

In value terms, centrifugal cream separator production fell modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by 3.9%. As a result, production attained the peak level of $X, and then fell in the following year.

Centrifugal Cream Separator Exports

Exports in South-Eastern Asia

In 2021, shipments abroad of centrifugal cream separators decreased by -54.3% to X units, falling for the third year in a row after three years of growth. Over the period under review, exports faced a abrupt downturn. The pace of growth was the most pronounced in 2014 when exports increased by 171% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, centrifugal cream separator exports fell significantly to $X in 2021. Overall, exports recorded a deep reduction. The growth pace was the most rapid in 2016 with an increase of 372%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Singapore prevails in exports structure, reaching X units, which was approx. 96% of total exports in 2021. Thailand (X units) followed a long way behind the leaders.

Exports from Singapore decreased at an average annual rate of -20.0% from 2012 to 2021. Thailand (-8.7%) illustrated a downward trend over the same period. Thailand (+2.7 p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by -2.8% from 2012 to 2021, respectively.

In value terms, Singapore ($X) remains the largest centrifugal cream separator supplier in South-Eastern Asia, comprising 96% of total exports. The second position in the ranking was held by Thailand ($X), with a 1.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Singapore amounted to -6.9%.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2021, declining by -2.2% against the previous year. Overall, the export price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 82% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Thailand amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+16.5%).

Centrifugal Cream Separator Imports

Imports in South-Eastern Asia

In 2021, imports of centrifugal cream separators in South-Eastern Asia contracted dramatically to X units, with a decrease of -46.3% on 2020 figures. In general, imports, however, posted a moderate expansion. The most prominent rate of growth was recorded in 2020 with an increase of 295%. The volume of import peaked at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, centrifugal cream separator imports reduced modestly to $X in 2021. Overall, imports showed a deep downturn. The pace of growth was the most pronounced in 2016 when imports increased by 38% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Singapore (X units) was the key importer of centrifugal cream separators, constituting 79% of total imports. It was distantly followed by Myanmar (X units), comprising a 13% share of total imports. Vietnam (X units), the Philippines (X units) and Lao People's Democratic Republic (X units) followed a long way behind the leaders.

Singapore experienced a relatively flat trend pattern with regard to volume of imports of centrifugal cream separators. At the same time, Myanmar (+55.4%), the Philippines (+31.9%), Lao People's Democratic Republic (+25.3%) and Vietnam (+5.9%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +55.4% from 2012-2021. While the share of Myanmar (+12 p.p.) and the Philippines (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Singapore (-13.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest centrifugal cream separator importing markets in South-Eastern Asia were Vietnam ($X), the Philippines ($X) and Singapore ($X), together comprising 42% of total imports. Myanmar and Lao People's Democratic Republic lagged somewhat behind, together comprising a further 9.7%.

Myanmar, with a CAGR of +45.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 South-Eastern Asia stood at $X per unit in 2021, with an increase of 79% against the previous year. Over the period under review, the import price, however, saw a drastic downturn. The pace of growth was the most pronounced in 2019 when the import price increased by 252% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Philippines ($X per unit), while Singapore ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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