South-Eastern Asia: Water Filter Market 2024

Water Filter Market Size in South-Eastern Asia

The Southeast Asian water filter market soared to $X in 2022, increasing by X% against the previous year. Overall, consumption showed a buoyant increase. The level of consumption peaked in 2022 and is likely to see gradual growth in years to come.

Water Filter Production in South-Eastern Asia

In value terms, water filter production surged to $X in 2022 estimated in export price. Overall, production posted prominent growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Water Filter Exports

Exports in South-Eastern Asia

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. In general, exports, however, showed a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of X%. The volume of export peaked at X units in 2021, and then reduced modestly in the following year.

In value terms, water filter exports declined slightly to $X in 2022. Total exports indicated a perceptible 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, exports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Singapore (X units) was the key exporter of machinery for filtering or purifying water, committing X% of total exports. It was distantly followed by Malaysia (X units) and Thailand (X units), together making up a X% share of total exports.

Exports from Singapore increased at an average annual rate of X% from 2012 to 2022. At the same time, Thailand (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in South-Eastern Asia, 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, the largest water filter supplying countries in South-Eastern Asia were Singapore ($X), Malaysia ($X) and Thailand ($X), with a combined X% share of total exports.

Thailand, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of 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 South-Eastern Asia stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price continues to indicate a noticeable reduction. The pace of growth appeared the most rapid 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 failed to regain momentum.

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 South-Eastern Asia

For the sixth year in a row, South-Eastern 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 continue to indicate resilient growth. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, water filter imports skyrocketed to $X in 2022. Total imports indicated a buoyant increase 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%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Malaysia was the largest importing country with an import of around X units, which accounted for X% of total imports. Thailand (X units) took the second position in the ranking, followed by Singapore (X units) and Indonesia (X units). All these countries together held near X% share of total imports. The following importers - the Philippines (X units) and Vietnam (X units) - each reached 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, the largest water filter importing markets in South-Eastern Asia were Malaysia ($X), Indonesia ($X) and Vietnam ($X), together accounting for X% of total imports. Singapore, Thailand and the Philippines lagged somewhat behind, together accounting for a further X%.

The Philippines, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries 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 South-Eastern Asia amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price, however, recorded a perceptible decline. The growth pace was the most rapid in 2015 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, 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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