Southern Asia: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in Southern Asia

The South Asian market for mechanical appliances for projecting, dispersing or spraying surged to $X in 2022, increasing by X% against the previous year. Overall, consumption recorded a remarkable increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Mechanical Appliances For Projecting, Dispersing Or Spraying in Southern Asia

In value terms, production of mechanical appliances for projecting, dispersing or spraying surged to $X in 2022 estimated in export price. Overall, production showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.

Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports in Southern Asia

For the eleventh consecutive year, Southern Asia recorded growth in overseas shipments of mechanical appliances for projecting, dispersing or spraying, which increased by X% to X units in 2022. In general, exports showed a strong expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying reached $X in 2022. Total exports indicated a strong 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, exports increased by X% against 2017 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

In 2022, India (X units) was the main exporter of mechanical appliances for projecting, dispersing or spraying in Southern Asia, making up X% of total export.

India was also the fastest-growing in terms of the mechanical appliances for projecting, dispersing or spraying 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 mechanical appliances for projecting, dispersing or spraying supplier in Southern Asia.

In India, exports of mechanical appliances for projecting, dispersing or spraying increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price, however, showed a drastic downturn. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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.

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports in Southern Asia

In 2022, imports of mechanical appliances for projecting, dispersing or spraying in Southern Asia soared to X units, jumping by X% compared with 2021 figures. In general, imports showed significant growth. The growth pace was the most rapid in 2013 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying surged to $X in 2022. Overall, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

India prevails in spraying structure, accounting for X units, which was approx. X% of total imports in 2022. It was distantly followed by Bangladesh (X units) and Sri Lanka (X units), together constituting a X% share of total imports.

India was also the fastest-growing in terms of the mechanical appliances for projecting, dispersing or spraying imports, with a CAGR of X% from 2012 to 2022. At the same time, Bangladesh (X%) and Sri Lanka (X%) displayed positive paces of growth. India (X p.p.) and Bangladesh (X p.p.) significantly strengthened its position in terms of the total imports, while Sri Lanka saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, India ($X) constitutes the largest market for imported mechanical appliances for projecting, dispersing or spraying in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports.

In India, imports of mechanical appliances for projecting, dispersing or spraying expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price, however, showed a precipitous descent. Over the period under review, import prices hit record highs 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 destination: amid the top importers, the country with the highest price was India ($X per unit), while Sri Lanka ($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

Frequently Asked Questions (FAQ) :