Southern Asia: Market for Electric Generating Sets And Rotary Converters 2024

Market Size for Electric Generating Sets And Rotary Converters in Southern Asia

In 2021, after three years of growth, there was decline in the South Asian market for electric generating sets and rotary converters, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Electric Generating Sets And Rotary Converters in Southern Asia

In value terms, production of electric generating sets and rotary converters contracted modestly to $X in 2021 estimated in export price. The total production indicated a strong expansion 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 2017 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production of reached the peak level at $X in 2020, and then reduced modestly in the following year.

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Exports of Electric Generating Sets And Rotary Converters

Exports in Southern Asia

In 2021, after three years of decline, there was significant growth in overseas shipments of electric generating sets and rotary converters, when their volume increased by X% to X units. Over the period under review, exports, however, showed a abrupt downturn. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of electric generating sets and rotary converters soared to $X in 2021. The total export value increased at an average annual rate of X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from India (X units), together accounting for X% of total export.

India was also the fastest-growing in terms of the electric generating sets and rotary converters exports, with a CAGR of X% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest electric generating set and rotary converter supplier in Southern Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in India amounted to X%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per unit, falling by X% against the previous year. Overall, the export price, however, showed resilient growth. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, the 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 2012 to 2021, the rate of growth in terms of prices for India amounted to X% per year.

Imports of Electric Generating Sets And Rotary Converters

Imports in Southern Asia

In 2021, purchases abroad of electric generating sets and rotary converters increased by X% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a drastic downturn. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of electric generating sets and rotary converters surged to $X in 2021. In general, imports posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Pakistan (X units) and Bangladesh (X units) were the main importers of electric generating sets and rotary converters in 2021, amounting to near X% and X% of total imports, respectively. Afghanistan (X units) held the next position in the ranking, followed by Sri Lanka (X units) and India (X units). All these countries together held near X% share of total imports. Nepal (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Pakistan ($X) constitutes the largest market for imported electric generating sets and rotary converters in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports. It was followed by Sri Lanka, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Pakistan totaled X%. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2021, growing by X% against the previous year. Overall, the import price showed a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Pakistan ($X per unit), while Afghanistan ($X per unit) was amongst the lowest.

From 2012 to 2021, 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.

Source: IndexBox Platform

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