South-Eastern Asia: Pump For Liquid Market 2024

Pump For Liquid Market Size in South-Eastern Asia

The Southeast Asian pump for liquid market rose to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption recorded a buoyant increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Pump For Liquid Production in South-Eastern Asia

In value terms, pump for liquid production stood at $X in 2022 estimated in export price. Overall, production enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Pump For Liquid Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of pumps for liquids and liquid elevators increased by X% to X units, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, pump for liquid exports totaled $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Thailand (X units) was the largest exporter of pumps for liquids and liquid elevators, creating X% of total exports. It was distantly followed by Singapore (X units) and Vietnam (X units), together comprising a X% share of total exports. Malaysia (X units) and Indonesia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to pump for liquid exports from Thailand stood at X%. At the same time, Vietnam (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%) and Singapore (X%) illustrated a downward trend over the same period. Thailand (X p.p.), Vietnam (X p.p.) and Malaysia (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. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest pump for liquid supplying countries in South-Eastern Asia were Thailand ($X), Singapore ($X) and Vietnam ($X), together accounting for X% of total exports.

Vietnam, with a CAGR of X%, saw 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, therefore, remained relatively stable against the previous year. Export price indicated perceptible 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, pump for liquid export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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 Singapore ($X per unit), while Thailand ($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 more modest paces of growth.

Pump For Liquid Imports

Imports in South-Eastern Asia

For the eighth consecutive year, South-Eastern Asia recorded growth in purchases abroad of pumps for liquids and liquid elevators, which increased by X% to X units in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its volume 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 2013 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, pump for liquid imports fell modestly to $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X units) and Malaysia (X units) represented roughly X% of total imports in 2022. Indonesia (X units) ranks next in terms of the total imports with a X% share, followed by Singapore (X%) and Vietnam (X%). The following importers - Myanmar (X units) and the Philippines (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pump for liquid importing markets in South-Eastern Asia were Indonesia ($X), Thailand ($X) and Singapore ($X), together comprising X% of total imports. Malaysia, Vietnam, the Philippines and Myanmar lagged somewhat behind, together accounting for a further X%.

The Philippines, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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

The import price in South-Eastern Asia stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per unit), while Myanmar ($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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