Asia-Pacific: Centrifuges Market 2024

Centrifuges Market Size in Asia-Pacific

The Asia-Pacific centrifuges market reduced modestly to $X.1B in 2022, which is down by X% against the previous year. The total consumption indicated a pronounced 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, consumption increased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X.7B in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Centrifuges Production in Asia-Pacific

In value terms, centrifuges production reduced modestly to $X.3B in 2022 estimated in export price. The total production indicated a moderate 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, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Centrifuges Exports

Exports in Asia-Pacific

Centrifuges exports rose notably to X units in 2022, increasing by X% compared with 2021. Over the period under review, exports, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, centrifuges exports totaled $X in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

China represented the largest exporting country with an export of about X units, which reached X% of total exports. India (X units) held the second position in the ranking, distantly followed by Singapore (X units) and Hong Kong SAR (X units). All these countries together held approx. X% share of total exports. Japan (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, China ($X) remains the largest centrifuges supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by India, with a X% share.

In China, centrifuges exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, leveling off at the previous year. Export price indicated strong growth from 2012 to 2022: its price 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, centrifuges export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2020; afterwards, it flattened through to 2022.

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

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

Centrifuges Imports

Imports in Asia-Pacific

In 2022, the amount of centrifuges imported in Asia-Pacific surged to X units, growing by X% compared with the previous year's figure. Over the period under review, imports saw a strong increase. The growth pace was the most rapid in 2018 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, centrifuges imports dropped slightly to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then contracted in the following year.

Imports by Country

India (X units) and the Philippines (X units) represented roughly X% of total imports in 2022. It was distantly followed by China (X units), Australia (X units), Singapore (X units) and Thailand (X units), together making up a X% share of total imports. Malaysia (X units) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported centrifuges in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China was relatively modest. In the other countries, the average annual rates were as follows: India (X% per year) and Australia (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price recorded a deep setback. The growth pace was the most rapid in 2014 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, 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 China ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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