Report Asia - Prepared Explosives - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Oct 18, 2022

Asia - Prepared Explosives - Market Analysis, Forecast, Size, Trends and Insights

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Asia: Explosives Market 2022

Explosives Market Size in Asia

In 2021, after four years of growth, there was significant decline in the Asian explosives market, when its value decreased by -X% to $X. The total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2016 indices. Over the period under review, the market hit record highs at $X in 2020, and then contracted in the following year.

Explosives Production in Asia

In value terms, explosives production dropped to $X in 2021 estimated in export price. The total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then shrank in the following year.

Explosives Exports

Exports in Asia

In 2021, overseas shipments of prepared explosives were finally on the rise to reach X tons after two years of decline. Overall, exports, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, explosives exports surged to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, India (X tons), distantly followed by Turkey (X tons), Oman (X tons), Vietnam (X tons) and China (X tons) represented the main exporters of prepared explosives, together making up X% of total exports. Saudi Arabia (X tons), Israel (X tons), the Philippines (X tons), South Korea (X tons) and Hong Kong SAR (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Hong Kong SAR (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest explosives supplying countries in Asia were India ($X), the Philippines ($X) and China ($X), together accounting for X% of total exports. These countries were followed by Turkey, Oman, South Korea, Vietnam, Saudi Arabia, Israel and Hong Kong SAR, which together accounted for a further X the main exporting countries, Oman, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, 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 Asia stood at $X per ton in 2021, picking up by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2019 when the export price increased by X%. Over the period under review, the export prices reached the peak figure in 2021 and is likely to continue growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was the Philippines ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+X%), while the other leaders experienced more modest paces of growth.

Explosives Imports

Imports in Asia

After three years of decline, purchases abroad of prepared explosives increased by X% to X tons in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, explosives imports amounted to $X in 2021. Over the period under review, imports, however, saw a noticeable descent. The pace of growth was the most pronounced in 2017 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Kazakhstan represented the key importing country with an import of around X tons, which finished at X% of total imports. Kuwait (X tons) ranks second in terms of the total imports with a X% share, followed by Mongolia (X%), Nepal (X%) and Syrian Arab Republic (X%). Indonesia (X tons), Azerbaijan (X tons), Iraq (X tons), Georgia (X tons), Thailand (X tons), Bhutan (X tons), the United Arab Emirates (X tons) and Turkey (X tons) followed a long way behind the leaders.

Imports into Kazakhstan decreased at an average annual rate of -X% from 2012 to 2021. At the same time, Nepal (+X%), the United Arab Emirates (+X%), Kuwait (+X%), Syrian Arab Republic (+X%), Turkey (+X%), Thailand (+X%), Azerbaijan (+X%), Iraq (+X%) and Georgia (+X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2012-2021. By contrast, Mongolia (-X%), Indonesia (-X%) and Bhutan (-X%) illustrated a downward trend over the same period. Kuwait (+X p.p.), Nepal (+X p.p.), Syrian Arab Republic (+X p.p.) and the United Arab Emirates (+X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan, Mongolia, Bhutan and Indonesia saw its share reduced by -X%, -X%, -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest explosives importing markets in Asia were Indonesia ($X), the United Arab Emirates ($X) and Syrian Arab Republic ($X), together accounting for X% of total imports. Kazakhstan, Kuwait, Turkey, Iraq, Mongolia, Thailand, Nepal, Georgia, Azerbaijan and Bhutan lagged somewhat behind, together comprising a further X, with a CAGR of +X%, saw the highest rates of growth with regard to 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 Asia stood at $X per ton in 2021, reducing by -X% against the previous year. Over the period under review, the import price recorded a slight slump. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while Bhutan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for prepared explosives in Asia?
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The country with the largest volume of explosives consumption was China, accounting for 45% of total volume. Moreover, explosives consumption in China exceeded the figures recorded by the second-largest consumer, Pakistan, fivefold. The third position in this ranking was held by India, with a 7.9% share.
What are the largest producers of prepared explosives in Asia?
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The country with the largest volume of explosives production was China, accounting for 46% of total volume. Moreover, explosives production in China exceeded the figures recorded by the second-largest producer, Pakistan, fivefold. The third position in this ranking was held by India, with an 8.5% share.
What are the leading suppliers of prepared explosives in Asia?
+
In value terms, India, the Philippines and China constituted the countries with the highest levels of exports in 2021, together accounting for 68% of total exports. These countries were followed by Turkey, Oman, South Korea, Vietnam, Saudi Arabia, Israel and Hong Kong SAR, which together accounted for a further 21%.
What are the leading importers of prepared explosives in Asia?
+
In value terms, the largest explosives importing markets in Asia were Indonesia, the United Arab Emirates and Syrian Arab Republic, with a combined 33% share of total imports. Kazakhstan, Kuwait, Turkey, Iraq, Mongolia, Thailand, Nepal, Georgia, Azerbaijan and Bhutan lagged somewhat behind, together comprising a further 35%.
What is the average export price for prepared explosives in Asia?
+
The export price in Asia stood at $2,670 per ton in 2021, increasing by 3.8% against the previous year.
What is the average import price for prepared explosives in Asia?
+
The import price in Asia stood at $2,982 per ton in 2021, dropping by -26% against the previous year.

This report provides an in-depth analysis of the explosives market in Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 20511150 - Prepared explosives (excluding propellant powders)
Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Vietnam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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