Trade Trends
Global exports of water purification and filtration equipment increased from $9.47B in 2019 to $11.90B in 2023, reflecting a solid 25.71% growth over the five-year period. Export values showed consistent year-on-year expansion, reaching a peak in 2023.
This sustained growth highlights the rising global focus on clean water access, environmental protection, and sustainable water management. Stricter environmental regulations, growing industrial water reuse, and increasing demand for potable water in emerging economies have accelerated the adoption of advanced filtration and purification technologies. USD$ trade figures underline the sector’s strategic importance in addressing global water scarcity and infrastructure challenges.
Top Trading Countries
- China led global exports with $2.26B in 2024, up from $2.00B in 2023 and $1.23B in 2019. This represents a 62.33% increase from 2019 to 2023 and a further 13.11% rise from 2023 to 2024.
- Germany exported $1.40B in 2024, slightly lower than $1.41B in 2023 but higher than $1.27B in 2019. This reflects an 11.25% increase from 2019 to 2023 and a marginal 1.14% decline from 2023 to 2024.
- United States reached $1.31B in 2024, rising from $1.28B in 2023 and $1.07B in 2019. This marks a 19.52% increase from 2019 to 2023 and a 2.06% rise from 2023 to 2024.
- Italy posted $821.75M in 2024, up from $790.52M in 2023 and $506.97M in 2019. This represents a 55.93% increase from 2019 to 2023 and a 3.95% rise from 2023 to 2024.
- South Korea recorded $817.19M in 2024, down from $873.75M in 2023 but up from $701.88M in 2019. This reflects a 24.49% increase from 2019 to 2023 and a 6.47% decline from 2023 to 2024.
On the Rise
- Turkey showed the strongest momentum, growing from $99.30M in 2019 to $201.32M in 2023 and $220.52M in 2024. This reflects a 102.73% increase from 2019 to 2023 and a 9.54% rise from 2023 to 2024.
- Mexico expanded exports from $182.56M in 2019 to $219.56M in 2023 and $292.13M in 2024. This marks a 20.27% increase from 2019 to 2023 and a significant 33.06% jump from 2023 to 2024.
- India grew from $153.58M in 2019 to $167.82M in 2023 and $221.87M in 2024, reflecting a 9.27% increase from 2019 to 2023 and a strong 32.21% rise from 2023 to 2024.
- Netherlands reached $498.71M in 2024, up from $443.65M in 2023 and $298.26M in 2019. This represents a 48.75% increase from 2019 to 2023 and a 12.41% rise from 2023 to 2024.
- Switzerland increased exports from $111.49M in 2019 to $165.83M in 2023 and $178.38M in 2024. This reflects a 48.74% rise from 2019 to 2023 and a 7.56% increase from 2023 to 2024.
These rising exporters reflect growing investments in water infrastructure, sustainability initiatives, and advanced purification technologies worldwide.
Disclaimer
These insights are based on available trade data and may not represent the full market reality.