Asia-Pacific: Manostat Market Overview 2020

Manostat Market Size in Asia-Pacific

The Asia-Pacific manostat market shrank remarkably to $X in 2019, declining by -X% against the previous year. The total consumption indicated mild growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. The level of consumption peaked at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Manostat Production in Asia-Pacific

In value terms, manostat production expanded slightly to $X in 2019 estimated in export prices. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. As a result, production reached the peak level of $X. From 2015 to 2019, production growth remained at a somewhat lower figure.

Production By Country in Asia-Pacific

China (X units) constituted the country with the largest volume of manostat production, accounting for X% of total volume. Moreover, manostat production in China exceeded the figures recorded by the second-largest producer, India (X units), twofold. Japan (X units) ranked third in terms of total production with a X% share.

In China, manostat production remained relatively stable over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Japan (+X% per year).

Manostat Exports

Exports in Asia-Pacific

In 2019, after four years of growth, there was decline in overseas shipments of manostats, when their volume decreased by -X% to X units. Overall, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. As a result, exports reached the peak of X units. From 2012 to 2019, the growth exports failed to regain the momentum.

In value terms, manostat exports dropped to $X in 2019. Total exports indicated a pronounced increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2012 indices. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2018, and then reduced in the following year.

Exports by Country

In 2019, China (X units) was the major exporter of manostats, constituting X% of total exports. Japan (X units) ranks second in terms of the total exports with a X% share, followed by India (X%). Singapore (X units) and Thailand (X units) took a minor share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by India, while exports for the other leaders experienced more modest paces of growth.

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

From 2007 to 2019, the average annual rate of growth in terms of value in Japan totaled +X%. In the other countries, the average annual rates were as follows: China (+X% per year) and India (+X% per year).

Export Prices by Country

In 2019, the manostat export price in Asia-Pacific amounted to $X per unit, which is down by -X% against the previous year. Overall, the export price continues to indicate a slight slump. The pace of growth was the most pronounced in 2014 an increase of X% y-o-y. As a result, export price reached the peak level of $X per unit. From 2015 to 2019, the growth in terms of the export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Singapore, while the other leaders experienced mixed trends in the export price figures.

Manostat Imports

Imports in Asia-Pacific

In 2019, overseas purchases of manostats decreased by -X% to X units for the first time since 2013, thus ending a five-year rising trend. Over the period under review, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2018, and then fell in the following year.

In value terms, manostat imports expanded significantly to $X in 2019. Overall, imports, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2018 to 2019, the growth imports failed to regain the momentum.

Imports by Country

China prevails in manostat imports structure, finishing at X units, which was approx. X% of total imports in 2019. It was distantly followed by India (X units), Japan (X units) and Thailand (X units), together comprising a X% share of total imports. South Korea (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the manostats imports, with a CAGR of +X% from 2007 to 2019. At the same time, India (+X%), Japan (+X%), Thailand (+X%) and South Korea (+X%) displayed positive paces of growth. From 2007 to 2019, the share of China, India, Japan and Thailand increased by +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), China ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2019, together comprising X% of total imports. India and South Korea lagged somewhat behind, together accounting for a further X terms of the main importing countries, South Korea 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

In 2019, the manostat import price in Asia-Pacific amounted to $X per unit, jumping by X% against the previous year. In general, the import price, however, showed a drastic downturn. The growth pace was the most rapid in 2013 when the import price increased by X% y-o-y. Over the period under review, import prices reached the maximum at $X per unit in 2007; however, from 2008 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for manostats in Asia-Pacific?

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China (111M units) constituted the country with the largest volume of manostat consumption, accounting for 52% of total volume. Moreover, manostat consumption in China exceeded the figures recorded by the second-largest consumer, India (45M units), twofold. The third position in this ranking was occupied by Japan (25M units), with a 12% share.

What are the largest producers of manostats in Asia-Pacific?

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China (95M units) constituted the country with the largest volume of manostat production, comprising approx. 49% of total volume. Moreover, manostat production in China exceeded the figures recorded by the second-largest producer, India (43M units), twofold. The third position in this ranking was occupied by Japan (26M units), with a 13% share.

What are the leading exporters of manostats in Asia-Pacific?

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In value terms, Japan ($80M) remains the largest manostat supplier in Asia-Pacific, comprising 56% of total exports. The second position in the ranking was occupied by China ($39M), with a 28% share of total exports. It was followed by India, with a 7.4% share.

What are the leading importers of manostats in Asia-Pacific?

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In value terms, the largest manostat importing markets in Asia-Pacific were Japan ($69M), China ($43M) and Thailand ($20M), with a combined 68% share of total imports. India and South Korea lagged somewhat behind, together accounting for a further 11%.

What is the average export price for manostats in Asia-Pacific?

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In 2019, the manostat export price in Asia-Pacific amounted to $21 per unit, falling by -2.6% against the previous year.

What is the average import price for manostats in Asia-Pacific?

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The manostat import price in Asia-Pacific stood at $7.1 per unit in 2019, with an increase of 16% against the previous year.