Overview of the Global Market for Liquid Or Compressed Air And Distilled Or Conductivity Water

Market Size for Liquid Or Compressed Air And Distilled Or Conductivity Water

In 2021, the global market for liquid or compressed air and distilled or conductivity water was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, showed a slight curtailment. Over the period under review, the global market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Liquid Or Compressed Air And Distilled Or Conductivity Water

In value terms, liquid air and distilled water production rose remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by 11% against the previous year. Global production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Exports

In 2021, approx. X tons of liquid or compressed air and distilled or conductivity water were exported worldwide; dropping by -22.2% compared with 2020. Overall, total exports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -23.2% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 63% against the previous year. The global exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, liquid air and distilled water exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2018 when exports increased by 66% against the previous year. The global exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Canada was the main exporting country with an export of around X tons, which amounted to 65% of total exports. It was distantly followed by China (X tons), generating a 17% share of total exports. Israel (X tons), Germany (X tons) and Hong Kong SAR (X tons) held a relatively small share of total exports.

Exports from Canada increased at an average annual rate of +13.4% from 2012 to 2021. At the same time, China (+13.8%) and Germany (+1.2%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in the world, with a CAGR of +13.8% from 2012-2021. By contrast, Hong Kong SAR (-1.2%) and Israel (-22.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Canada and China increased by +38 and +10 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest liquid air and distilled water supplier worldwide, comprising 70% of global exports. The second position in the ranking was held by Israel ($X), with a 5.4% share of global exports. It was followed by Germany, with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +49.0%. In the other countries, the average annual rates were as follows: Israel (-7.4% per year) and Germany (-2.2% per year).

Export Prices by Country

The average export price for liquid or compressed air and distilled or conductivity water stood at $X per ton in 2021, rising by 76% against the previous year. Overall, the export price recorded a resilient increase. The pace of growth appeared the most rapid in 2018 an increase of 93% against the previous year. The global export price peaked in 2021 and is likely to see steady growth in years to come.

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 China ($X per ton), while Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+31.0%), while the other global leaders experienced more modest paces of growth.

Imports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Imports

In 2021, purchases abroad of liquid or compressed air and distilled or conductivity water was finally on the rise to reach X tons after two years of decline. In general, imports, however, continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2013 with an increase of 101%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of global imports remained at a lower figure.

In value terms, liquid air and distilled water imports skyrocketed to $X in 2021. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 157%. Over the period under review, global imports reached the maximum in 2021 and are likely to see steady growth in the near future.

Imports by Country

The United States represented the main importer of liquid or compressed air and distilled or conductivity water in the world, with the volume of imports recording X tons, which was approx. 57% of total imports in 2021. South Korea (X tons) took the second position in the ranking, followed by Japan (X tons) and Poland (X tons). All these countries together held near 26% share of total imports. Macao SAR (X tons) held a relatively small share of total imports.

Imports into the United States increased at an average annual rate of +16.6% from 2012 to 2021. At the same time, Poland (+47.8%), South Korea (+34.3%) and Japan (+34.0%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +47.8% from 2012-2021. By contrast, Macao SAR (-4.1%) illustrated a downward trend over the same period. The United States (+56 p.p.), South Korea (+10 p.p.), Japan (+8.8 p.p.), Poland (+6.6 p.p.) and Macao SAR (+2.5 p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X), Poland ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 81% share of global imports.

In terms of the main importing countries, Poland, with a CAGR of +83.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for liquid or compressed air and distilled or conductivity water stood at $X per ton in 2021, waning by -8.5% against the previous year. In general, the import price, however, posted a significant increase. The growth pace was the most rapid in 2016 an increase of 2,581%. Global import price peaked at $X per ton in 2020, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+24.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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