ASEAN: Hydraulic Automatic Regulators Market 2024

Hydraulic Automatic Regulators Market Size in ASEAN

The ASEAN hydraulic automatic regulators market contracted to $X in 2022, which is down by X% against the previous year. In general, consumption continues to indicate strong growth. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Hydraulic Automatic Regulators Production in ASEAN

In value terms, hydraulic automatic regulators production declined to $X in 2022 estimated in export price. Overall, production, however, recorded measured growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Hydraulic Automatic Regulators Exports

Exports in ASEAN

In 2022, overseas shipments of hydraulic or pneumatic automatic regulating instruments decreased by X% to X units, falling for the ninth year in a row after two years of growth. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, hydraulic automatic regulators exports totaled $X in 2022. Over the period under review, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Singapore dominates exports structure, reaching X units, which was near X% of total exports in 2022. Malaysia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to hydraulic automatic regulators exports from Singapore stood at X%. Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Malaysia increased by X percentage points.

In value terms, Singapore ($X) remains the largest hydraulic automatic regulators supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Singapore stood at X%.

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, saw a mild slump. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while Singapore amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%).

Hydraulic Automatic Regulators Imports

Imports in ASEAN

In 2022, approx. X units of hydraulic or pneumatic automatic regulating instruments were imported in ASEAN; with an increase of X% on the previous year. Total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, hydraulic automatic regulators imports expanded notably to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Malaysia (X units) and Thailand (X units) were the key importers of hydraulic or pneumatic automatic regulating instruments in 2022, resulting at approx. X% and X% of total imports, respectively. Indonesia (X units) held the next position in the ranking, distantly followed by Singapore (X units). All these countries together held near X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Singapore ($X) and Malaysia ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Indonesia, with a CAGR of X%, recorded 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 mixed trends in the imports figures.

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, flattening at the previous year. In general, the import price, however, recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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