Latest Report Update: Jan 13, 2020

Southern Asia - Candles And Tapers - Market Analysis, Forecast, Size, Trends And Insights
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Southern Asia: Candles And Tapers Market Overview 2020

Candles And Tapers Market Size in Southern Asia

The revenue of the candles and tapers market in Southern Asia amounted to $X in 2018, lowering by -X% against the previous year. In general, candles and tapers consumption, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. The level of candles and tapers consumption peaked at $X in 2017, and then declined slightly in the following year.

Candles And Tapers Production in Southern Asia

In value terms, candles and tapers production stood at $X in 2018 estimated in export prices. In general, candles and tapers production, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. The level of candles and tapers production peaked at $X in 2017, and then declined slightly in the following year.

Production By Country in Southern Asia

India (X tonnes) remains the largest candles and tapers producing country in Southern Asia, comprising approx. X% of total production. Moreover, candles and tapers production in India exceeded the figures recorded by the region's second-largest producer, Bangladesh (X tonnes), threefold. The third position in this ranking was occupied by Afghanistan (X tonnes), with a X% share.

In India, candles and tapers production expanded at an average annual rate of +X% over the period from 2007-2018. The remaining producing countries recorded the following average annual rates of production growth: Bangladesh (+X% per year) and Afghanistan (+X% per year).

Candles And Tapers Exports

Exports in Southern Asia

The exports totaled X tonnes in 2018, shrinking by -X% against the previous year. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, candles and tapers exports attained their peak figure at X tonnes in 2017, and then declined slightly in the following year.

In value terms, candles and tapers exports totaled $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, candles and tapers exports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

In 2018, India (X tonnes) represented the main exporters of candles and tapers in Southern Asia, committing 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 p.p.) increased 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 growth rate of value in India totaled +X%.

Export Prices by Country

The candles and tapers export price in Southern Asia stood at $X per tonne in 2018, jumping by X% against the previous year. In general, the candles and tapers export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. Over the period under review, the export prices for candles and tapers attained their peak figure at $X per tonne in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

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

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

Candles And Tapers Imports

Imports in Southern Asia

In 2018, approx. X tonnes of candles and tapers were imported in Southern Asia; waning by -X% against the previous year. Overall, candles and tapers imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, candles and tapers imports reached their maximum at X tonnes in 2017, and then declined slightly in the following year.

In value terms, candles and tapers imports stood at $X in 2018. Overall, candles and tapers imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. The level of imports peaked at $X in 2016; however, from 2017 to 2018, imports remained at a lower figure.

Imports by Country

India dominates candles and tapers imports structure, accounting for X tonnes, which was approx. X% of total imports in 2018. Pakistan (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by Bangladesh (X%). Maldives (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to candles and tapers imports into India stood at +X%. At the same time, Bangladesh (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer in Southern Asia, with a CAGR of +X% from 2007-2018. By contrast, Maldives (-X%) and Pakistan (-X%) illustrated a downward trend over the same period. India (+X p.p.) and Bangladesh (+X p.p.) significantly strengthened its position in terms of the total imports, while Pakistan saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported candles and tapers in Southern Asia, comprising X% of total candles and tapers imports. The second position in the ranking was occupied by Bangladesh ($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: Bangladesh (+X% per year) and Maldives (-X% per year).

Import Prices by Country

In 2018, the candles and tapers import price in Southern Asia amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, the candles and tapers import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. Over the period under review, the import prices for candles and tapers reached their maximum at $X per tonne in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Bangladesh ($X per tonne), while India ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Product coverage:
• Prodcom 32995400 - Candles, tapers and the like (including night lights fitted with a float) (excluding anti-asthmatic candles, wax matches or vestas, sulphur-treated bands, wicks and candles)

This report provides an in-depth analysis of the candles and tapers market in Southern 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 2025.


Country coverage:
• Afghanistan
• Bangladesh
• Bhutan
• Maldives
• Nepal
• Sri Lanka

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Southern Asia, split by region and country
• Trade (exports and imports) in Southern 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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 2007–2019
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 2007–2019
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
• Bangladesh
• Bhutan
• India
• Maldives
• Nepal
• Pakistan
• Sri Lanka
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
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, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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