South-Eastern Asia: Liquid Supply Meter Market 2025

Liquid Supply Meter Market Size in South-Eastern Asia

The Southeast Asian liquid supply meter market reduced dramatically to $X in 2021, dropping by -15.3% against the previous year. The total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +24.6% against 2019 indices. As a result, consumption attained the peak level of $X, and then contracted rapidly in the following year.

Liquid Supply Meter Production in South-Eastern Asia

In value terms, liquid supply meter production contracted rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a noticeable expansion. The pace of growth was the most pronounced in 2016 with an increase of 105% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then declined significantly in the following year.

Liquid Supply Meter Exports

Exports in South-Eastern Asia

In 2021, shipments abroad of liquid supply or production meters increased by 2.9% to X units, rising for the third consecutive year after two years of decline. Total exports indicated perceptible growth from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +53.5% against 2018 indices. The growth pace was the most rapid in 2016 with an increase of 65%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, liquid supply meter exports reached $X in 2021. In general, exports, however, continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 41%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Malaysia was the largest exporter of liquid supply or production meters in South-Eastern Asia, with the volume of exports resulting at X units, which was approx. 56% of total exports in 2021. Indonesia (X units) held a 31% share (based on physical terms) of total exports, which put it in second place, followed by Thailand (11%). Singapore (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +9.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) remains the largest liquid supply meter supplier in South-Eastern Asia, comprising 55% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 23% share of total exports. It was followed by Thailand, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Indonesia stood at +4.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (-4.6% per year) and Thailand (+1.2% per year).

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per unit, surging by 4.6% against the previous year. Over the period under review, the export price, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the export price increased by 63% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 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 ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+1.7%), while the other leaders experienced a decline in the export price figures.

Liquid Supply Meter Imports

Imports in South-Eastern Asia

In 2021, the amount of liquid supply or production meters imported in South-Eastern Asia rose rapidly to X units, increasing by 9.9% compared with the previous year. Total imports indicated a moderate expansion from 2012 to 2021: its volume increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +28.0% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 28%. The volume of import peaked at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, liquid supply meter imports expanded notably to $X in 2021. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 25%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Vietnam (X units) was the main importer of liquid supply or production meters, committing 56% of total imports. It was distantly followed by the Philippines (X units), Malaysia (X units), Singapore (X units) and Myanmar (X units), together constituting a 40% share of total imports. Thailand (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to liquid supply meter imports into Vietnam stood at +4.5%. At the same time, Myanmar (+32.9%), the Philippines (+4.6%), Malaysia (+3.3%) and Singapore (+1.9%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +32.9% from 2012-2021. By contrast, Thailand (-8.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Myanmar and Vietnam increased by +4.2 and +3.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X), Singapore ($X) and Thailand ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 64% share of total imports. These countries were followed by Malaysia, the Philippines and Myanmar, which together accounted for a further 22%.

In terms of the main importing countries, the Philippines, with a CAGR of +6.4%, recorded the highest growth rate of 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

In 2021, the import price in South-Eastern Asia amounted to $X per unit, rising by 2.2% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 60% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, 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 Thailand ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+10.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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