Southern Asia: Multi-Station Transfer Machine Market 2024

Multi-Station Transfer Machine Market Size in Southern Asia

The South Asian multi-station transfer machine market reduced to $X in 2023, which is down by X% against the previous year. Overall, consumption, however, showed a modest expansion. The level of consumption peaked at $X in 2022, and then dropped in the following year.

Multi-Station Transfer Machine Production in Southern Asia

In value terms, multi-station transfer machine production dropped to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2023, production growth remained at a lower figure.

Multi-Station Transfer Machine Exports

Exports in Southern Asia

In 2023, overseas shipments of multi-station transfer machines for working metal increased by X% to X units for the first time since 2017, thus ending a five-year declining trend. In general, exports enjoyed a buoyant expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2023, the growth of the exports failed to regain momentum.

In value terms, multi-station transfer machine exports fell dramatically to $X in 2023. Overall, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

Exports by Country

India (X units) represented roughly X% of total exports in 2023.

India was also the fastest-growing in terms of the multi-station transfer machines for working metal exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest multi-station transfer machine supplier in Southern Asia.

In India, multi-station transfer machine exports plunged by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2023, which is down by X% against the previous year. In general, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2014 an increase of X%. The level of export peaked at $X per unit in 2022, and then shrank rapidly in the following year.

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

From 2012 to 2023, the rate of growth in terms of prices for India amounted to X% per year.

Multi-Station Transfer Machine Imports

Imports in Southern Asia

After two years of growth, overseas purchases of multi-station transfer machines for working metal decreased by X% to X units in 2023. Overall, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2022 when imports increased by X%. As a result, imports reached the peak of X units, and then reduced dramatically in the following year.

In value terms, multi-station transfer machine imports dropped to $X in 2023. Over the period under review, imports recorded a perceptible slump. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

India dominates imports structure, accounting for X units, which was near X% of total imports in 2023. It was distantly followed by Pakistan (X units), achieving a X% share of total imports. Bangladesh (X units) held a relatively small share of total imports.

From 2012 to 2023, average annual rates of growth with regard to multi-station transfer machine imports into India stood at X%. At the same time, Pakistan (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Pakistan and India increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported multi-station transfer machines for working metal in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in India stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price, however, saw a deep setback. The level of import peaked at $X per unit in 2013; however, from 2014 to 2023, 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 Bangladesh ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform