Asia: Water Filter Market 2024

Water Filter Market Size in Asia

The Asian water filter market soared to $X in 2022, growing by X% against the previous year. Over the period under review, consumption continues to indicate a prominent expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Water Filter Production in Asia

In value terms, water filter production surged to $X in 2022 estimated in export price. Overall, production showed strong growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Water Filter Exports

Exports in Asia

After eight years of growth, overseas shipments of machinery for filtering or purifying water decreased by X% to X units in 2022. Overall, exports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then contracted modestly in the following year.

In value terms, water filter exports rose sharply to $X in 2022. In general, exports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

In 2022, China (X units) represented the main exporter of machinery for filtering or purifying water, generating X% of total exports. Taiwan (Chinese) (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by South Korea (X%), Singapore (X%) and the United Arab Emirates (X%). The following exporters - Israel (X units) and India (X units) - each reached an X% share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%), Israel (X%), South Korea (X%), India (X%), Singapore (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. While the share of the United Arab Emirates (X p.p.), China (X p.p.), Israel (X p.p.) and South Korea (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Singapore (X p.p.) and Taiwan (Chinese) (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest water filter supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports. It was followed by Israel, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China amounted to X%. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Israel (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Water Filter Imports

Imports in Asia

For the sixth year in a row, Asia recorded growth in overseas purchases of machinery for filtering or purifying water, which increased by X% to X units in 2022. Over the period under review, imports recorded a remarkable increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, water filter imports amounted to $X in 2022. Total imports indicated buoyant 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, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2015 when imports increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

Malaysia was the largest importing country with an import of around X units, which reached X% of total imports. India (X units) ranks second in terms of the total imports with a X% share, followed by Iran (X%), China (X%) and Thailand (X%). The following importers - Singapore (X units), Hong Kong SAR (X units), Taiwan (Chinese) (X units), South Korea (X units), Indonesia (X units), Turkey (X units), Israel (X units) and Uzbekistan (X units) - together made up X% of total imports.

Imports into Malaysia increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Turkey (X%), Indonesia (X%), South Korea (X%), India (X%), Taiwan (Chinese) (X%), Israel (X%), Hong Kong SAR (X%), Thailand (X%), Singapore (X%) and China (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, Iran (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.), India (X p.p.) and Uzbekistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Singapore (X p.p.), China (X p.p.) and Iran (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Malaysia ($X) and Israel ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. South Korea, Indonesia, Turkey, India, Taiwan (Chinese), Singapore, Iran, Thailand, Hong Kong SAR and Uzbekistan lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The import price in Asia stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 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 Israel ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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