Southern Asia: Centrifugal Cream Separator Market 2024

Centrifugal Cream Separator Market Size in Southern Asia

The South Asian centrifugal cream separator market declined to $X in 2021, with a decrease of -3.4% against the previous year. Overall, 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 Southern Asia

In value terms, centrifugal cream separator production contracted slightly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a modest expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by 1.8% against the previous year. The level of production peaked at $X in 2020, and then reduced in the following year.

Centrifugal Cream Separator Exports

Exports in Southern Asia

In 2021, approx. X units of centrifugal cream separators were exported in Southern Asia; picking up by 21% against the previous year. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2017 with an increase of 2,423% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, centrifugal cream separator exports expanded rapidly to $X in 2021. Overall, exports showed a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 1,187% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The biggest shipments were from India (X units), together amounting to 99.9% of total export.

India was also the fastest-growing in terms of the centrifugal cream separators exports, with a CAGR of +24.3% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest centrifugal cream separator supplier in Southern Asia.

In India, centrifugal cream separator exports expanded at an average annual rate of +16.9% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per unit, with a decrease of -9% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the export price increased by 96% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -6.0% per year.

Centrifugal Cream Separator Imports

Imports in Southern Asia

In 2021, supplies from abroad of centrifugal cream separators decreased by -17.8% to X units, falling for the third consecutive year after three years of growth. Over the period under review, imports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of 246% against the previous year. Over the period under review, imports attained the maximum at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, centrifugal cream separator imports skyrocketed to $X in 2021. Overall, imports, however, showed a slight expansion. The pace of growth was the most pronounced in 2017 with an increase of 77% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India dominates imports structure, amounting to X units, which was near 87% of total imports in 2021. It was distantly followed by Nepal (X units), creating a 7.9% share of total imports. The following importers - Pakistan (X units) and Sri Lanka (X units) - each amounted to a 4.6% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to centrifugal cream separator imports into India stood at +7.0%. At the same time, Nepal (+43.7%), Sri Lanka (+22.8%) and Pakistan (+18.8%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +43.7% from 2012-2021. From 2012 to 2021, the share of Nepal and Sri Lanka increased by +7.3 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported centrifugal cream separators in Southern Asia, comprising 85% of total imports. The second position in the ranking was held by Nepal ($X), with a 4.7% share of total imports. It was followed by Pakistan, with a 3.9% 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: Nepal (+31.6% per year) and Pakistan (-5.5% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per unit, growing by 53% against the previous year. Overall, the import price, however, showed a abrupt decline. The level of import peaked at $X per unit in 2015; however, from 2016 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 Pakistan ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-5.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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