ASEAN: Water Filter Market 2024

Water Filter Market Size in ASEAN

The ASEAN water filter market surged to $X in 2022, growing by X% against the previous year. Over the period under review, consumption enjoyed a prominent expansion. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Water Filter Production in ASEAN

In value terms, water filter production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production posted strong growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Water Filter Exports

Exports in ASEAN

In 2022, shipments abroad of machinery for filtering or purifying water decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports, however, showed strong growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of export peaked at X units in 2021, and then reduced in the following year.

In value terms, water filter exports dropped slightly to $X in 2022. Total exports indicated noticeable growth from 2012 to 2022: its value 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, exports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Singapore was the major exporter of machinery for filtering or purifying water in ASEAN, with the volume of exports amounting to X units, which was approx. X% of total exports in 2022. Malaysia (X units) took the second position in the ranking, distantly followed by Thailand (X units). All these countries together took approx. X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to water filter exports from Singapore stood at X%. At the same time, Thailand (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. Malaysia (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Singapore ($X), Malaysia ($X) and Thailand ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Thailand ($X per unit), while Singapore ($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 export price figures.

Water Filter Imports

Imports in ASEAN

In 2022, approx. X units of machinery for filtering or purifying water were imported in ASEAN; jumping by X% against the previous year's figure. In general, imports showed a strong increase. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, water filter imports surged to $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value 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 2018 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Malaysia was the main importer of machinery for filtering or purifying water in ASEAN, with the volume of imports accounting for X units, which was near X% of total imports in 2022. Thailand (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (X%) and Indonesia (X%). The following importers - the Philippines (X units) and Vietnam (X units) - each recorded a X% share of total imports.

Malaysia was also the fastest-growing in terms of the machinery for filtering or purifying water imports, with a CAGR of X% from 2012 to 2022. At the same time, Indonesia (X%), Vietnam (X%), the Philippines (X%), Thailand (X%) and Singapore (X%) displayed positive paces of growth. While the share of Malaysia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Thailand (X p.p.) and Singapore (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X), Indonesia ($X) and Vietnam ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Singapore, Thailand and the Philippines lagged somewhat behind, together comprising a further X%.

Among the main importing countries, the Philippines, with a CAGR of X%, saw 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 2022, the import price in ASEAN amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price, however, saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2015 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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