Southern Asia - Candles And Tapers - Market Analysis, Forecast, Size, Trends And Insights

Southern Asia: Candles And Tapers Market Overview 2019

Candles And Tapers Market Size in Southern Asia

The revenue of the candles and tapers market in Southern Asia amounted to $X in 2018, picking up by X% against the previous year. Overall, candles and tapers consumption continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. The level of candles and tapers consumption peaked in 2018, and is likely to see steady growth in the near future.

Candles And Tapers Production in Southern Asia

In value terms, candles and tapers production amounted to $X in 2018 estimated in export prices. In general, candles and tapers production continues to indicate a strong expansion. The growth pace was the most rapid in 2010, when the output figure increased by X% year-to-year. Over the period under review, candles and tapers production reached its maximum level at $X in 2014; however, from 2015 to 2018, production failed to regain its momentum.

Candles And Tapers Exports

Exports in Southern Asia

The exports totaled X tonnes in 2018, going down by -X% against the previous year. Overall, candles and tapers exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2009, with an increase of X% y-o-y. In that year, candles and tapers exports reached their peak of X tonnes. From 2010 to 2018, the growth of candles and tapers exports remained at a somewhat lower figure.

In value terms, candles and tapers exports amounted to $X in 2018. The total exports indicated a prominent increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the candles and tapers exports increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2015, when exports increased by X% y-o-y. Over the period under review, candles and tapers exports reached their peak figure in 2018, and are expected to retain its growth in the near future.

Exports by Country

The countries with the highest levels of candles and tapers exports in 2018 were India (X tonnes), together resulting at X% of total export.

India was also the fastest growing in terms of the candles and tapers exports, with a CAGR of +X% from 2007 to 2018. While the share of India (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest candles and tapers supplier in Southern Asia.

From 2007 to 2018, the average annual rate of growth in terms of value in India amounted to +X%.

Export Prices by Country

The candles and tapers export price in Southern Asia stood at $X per tonne in 2018, picking up by X% against the previous year. Overall, the candles and tapers export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when the export price increased by X% against the previous year. Over the period under review, the export prices for candles and tapers attained their maximum at $X per tonne in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

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

From 2007 to 2018, the rate of growth in terms of export prices for India amounted to +X% per year.

Candles And Tapers Imports

Imports in Southern Asia

The imports stood at X tonnes in 2018, declining by -X% against the previous year. Over the period under review, candles and tapers imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2015, when imports increased by X% against the previous year. The volume of imports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, candles and tapers imports amounted to $X in 2018. In general, candles and tapers imports, however, continue to indicate a prominent growth. The growth pace was the most rapid in 2008, when imports increased by X% year-to-year. Over the period under review, candles and tapers imports reached their peak figure in 2018, and are expected to retain its growth in the immediate term.

Imports by Country

India dominates candles and tapers imports structure, reaching X tonnes, which was near X% of total imports in 2018. It was distantly followed by Pakistan (X tonnes), constituting X% share of total imports. Maldives (X tonnes), Bangladesh (X tonnes) and Sri Lanka (X tonnes) followed a long way behind the leaders.

India was also the fastest growing in terms of the candles and tapers imports, with a CAGR of +X% from 2007 to 2018. At the same time, Bangladesh (+X%) and Sri Lanka (+X%) displayed positive paces of growth. By contrast, Maldives (-X%) and Pakistan (-X%) illustrated a downward trend over the same period. Pakistan (X%) significantly strengthened its position in terms of the global imports, while Bangladesh and India saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported candles and tapers in Southern Asia, comprising X% of total candles and tapers imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total imports. It was followed by Maldives, with a X% share.

In India, candles and tapers imports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and Maldives (-X% per year).

Import Prices by Country

The candles and tapers import price in Southern Asia stood at $X per tonne in 2018, surging by X% against the previous year. Over the period under review, the candles and tapers import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018, an increase of X% against the previous year. Over the period under review, the import prices for candles and tapers reached their peak figure at $X per tonne in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

Import prices varied noticeably by the country of destination; the country with the highest import price was Pakistan ($X per tonne), while Sri Lanka ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Pakistan, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform