China: Market for Machinery for Filtering or Purifying Gases 2024

Market Size for Machinery for Filtering or Purifying Gases in China

In 2022, the Chinese market for machinery for filtering or purifying gases increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption enjoyed prominent growth. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Machinery for Filtering or Purifying Gases in China

In value terms, production of machinery for filtering or purifying gases fell to $X in 2022 estimated in export price. Overall, production, however, posted a resilient increase. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Production of peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Machinery for Filtering or Purifying Gases

Exports from China

In 2022, overseas shipments of machinery for filtering or purifying gases decreased by X% to X units, falling for the second year in a row after two years of growth. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports of attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of machinery for filtering or purifying gases reduced rapidly to $X in 2022. In general, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X units), the United States (X units) and Thailand (X units) were the main destinations of exports of machinery for filtering or purifying gases from China, together comprising X% of total exports. The Philippines, Canada, Brazil, Japan, Poland, Russia, Panama, South Korea, Mexico and Lithuania lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X), Canada ($X) and Japan ($X) constituted the largest markets for machinery for filtering or purifying gases exported from China worldwide, with a combined X% share of total exports. Hong Kong SAR, South Korea, Russia, Panama, Thailand, Brazil, the Philippines, Poland, Mexico and Lithuania lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Panama, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for machinery for filtering or purifying gases amounted to $X per unit, picking up by X% against the previous year. In general, the export price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery for Filtering or Purifying Gases

Imports into China

In 2022, after three years of growth, there was significant decline in overseas purchases of machinery for filtering or purifying gases, when their volume decreased by X% to X units. Over the period under review, imports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then fell markedly in the following year.

In value terms, imports of machinery for filtering or purifying gases fell dramatically to $X in 2022. In general, imports, however, saw temperate growth. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

Germany (X units), Malaysia (X units) and Italy (X units) were the main suppliers of imports of machinery for filtering or purifying gases to China, together accounting for X% of total imports. Japan, the UK, South Korea, Mexico, the United States and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest machinery for filtering or purifying gases suppliers to China were South Korea ($X), the United States ($X) and Japan ($X), with a combined X% share of total imports. Germany, the UK, Taiwan (Chinese), Malaysia, Italy and Mexico lagged somewhat behind, together accounting for a further X%.

Malaysia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for machinery for filtering or purifying gases amounted to $X per unit, growing by X% against the previous year. In general, the import price, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price 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 origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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