Southern Asia: Water Filter Market 2024

Water Filter Market Size in Southern Asia

The South Asian water filter market skyrocketed to $X in 2022, with an increase of X% against the previous year. Overall, consumption showed a significant expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Water Filter Production in Southern Asia

In value terms, water filter production surged to $X in 2022 estimated in export price. Over the period under review, production showed a significant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Water Filter Exports

Exports in Southern Asia

In 2022, approx. X units of machinery for filtering or purifying water were exported in Southern Asia; approximately equating the previous year's figure. In general, exports posted a remarkable increase. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, water filter exports expanded rapidly to $X in 2022. Over the period under review, exports saw buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

The biggest shipments were from India (X units), together amounting to X% of total export.

India was also the fastest-growing in terms of the machinery for filtering or purifying water exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest water filter supplier in Southern Asia.

In India, water filter exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, picking up by X% against the previous year. In general, the export price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Water Filter Imports

Imports in Southern Asia

In 2022, after four years of growth, there was significant decline in overseas purchases of machinery for filtering or purifying water, when their volume decreased by X% to X units. Over the period under review, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2015 when imports increased by X%. Over the period under review, imports reached the maximum at X units in 2021, and then shrank in the following year.

In value terms, water filter imports dropped markedly to $X in 2022. Total imports indicated pronounced growth 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 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then shrank rapidly in the following year.

Imports by Country

In 2022, India (X units) was the largest importer of machinery for filtering or purifying water, creating X% of total imports. It was distantly followed by Bangladesh (X units) and Nepal (X units), together achieving a X% share of total imports. Sri Lanka (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to water filter imports into India stood at X%. At the same time, Nepal (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Sri Lanka (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India and Nepal increased by X and X percentage points, respectively.

In value terms, the largest water filter importing markets in Southern Asia were India ($X), Bangladesh ($X) and Sri Lanka ($X), together accounting for X% of total imports. Nepal lagged somewhat behind, comprising a further X%.

Among the main importing countries, Nepal, with a CAGR of X%, saw 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

The import price in Southern Asia stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price saw a deep contraction. The pace of growth appeared the most rapid in 2016 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per unit), while Nepal ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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