Southern Asia: Aluminium Reservoir Market 2024

Aluminium Reservoir Market Size in Southern Asia

The South Asian aluminium reservoir market stood at $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Aluminium Reservoir Production in Southern Asia

In value terms, aluminium reservoir production shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Aluminium Reservoir Exports

Exports in Southern Asia

In 2022, exports of aluminium reservoirs, tanks, vats and similar containers in Southern Asia contracted notably to X units, waning by X% compared with the year before. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then shrank remarkably in the following year.

In value terms, aluminium reservoir exports declined remarkably to $X in 2022. In general, exports, however, enjoyed measured growth. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then reduced rapidly in the following year.

Exports by Country

In 2022, Bangladesh (X units) represented the main exporter of aluminium reservoirs, tanks, vats and similar containers, achieving X% of total exports. It was distantly followed by India (X units), making up a X% share of total exports. The following exporters - Pakistan (X units) and Sri Lanka (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Sri Lanka (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, India ($X) remains the largest aluminium reservoir supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Pakistan ($X), with a X% share of total exports. It was followed by Bangladesh, with a X% share.

In India, aluminium reservoir exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Pakistan (X% per year) and Bangladesh (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, falling by X% against the previous year. Overall, the export price, however, saw a mild expansion. The growth pace was the most rapid in 2021 an increase of X%. As a result, the export price reached the peak level of $X per unit, and then fell significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced more modest paces of growth.

Aluminium Reservoir Imports

Imports in Southern Asia

In 2022, approx. X units of aluminium reservoirs, tanks, vats and similar containers were imported in Southern Asia; growing by X% against the previous year. Overall, imports recorded prominent growth. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, aluminium reservoir imports soared to $X in 2022. Over the period under review, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of aluminium reservoir imports in 2022 were India (X units), together finishing at X% of total import.

India was also the fastest-growing in terms of the aluminium reservoirs, tanks, vats and similar containers imports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of India increased by 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 aluminium reservoirs, tanks, vats and similar containers in Southern Asia.

In India, aluminium reservoir imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price, however, posted a tangible expansion. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, 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.

Source: IndexBox Platform

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