Report Update Apr 1, 2024

Southern Asia - Electrical Parts of Machinery or Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Machinery Electrical Parts Market 2024

Machinery Electrical Parts Market Size in Southern Asia

The South Asian machinery electrical parts market fell modestly to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, recorded a resilient increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Machinery Electrical Parts Production in Southern Asia

In value terms, machinery electrical parts production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Machinery Electrical Parts Exports

Exports in Southern Asia

In 2022, the amount of electrical parts of machinery or apparatus exported in Southern Asia surged to X tons, with an increase of X% against the year before. Over the period under review, exports saw a strong expansion. The volume of export peaked at X tons in 2014; afterwards, it flattened through to 2022.

In value terms, machinery electrical parts exports surged to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sri Lanka dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Bangladesh (X tons), generating a X% share of total exports.

Sri Lanka was also the fastest-growing in terms of the electrical parts of machinery or apparatus exports, with a CAGR of X% from 2012 to 2022. At the same time, Bangladesh (X%) displayed positive paces of growth. Sri Lanka (X p.p.) and Bangladesh (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sri Lanka ($X) emerged as the largest machinery electrical parts supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Sri Lanka stood at X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then reduced dramatically in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while Sri Lanka amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%).

Machinery Electrical Parts Imports

Imports in Southern Asia

In 2022, imports of electrical parts of machinery or apparatus in Southern Asia soared to X tons, surging by X% compared with 2021. In general, imports, however, saw a pronounced contraction. The growth pace was the most rapid in 2021 when imports increased by X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, machinery electrical parts imports dropped sharply to $X in 2022. Over the period under review, imports, however, faced a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons) represented roughly X% of total imports in 2022.

India was also the fastest-growing in terms of the electrical parts of machinery or apparatus 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 electrical parts of machinery or apparatus in Southern Asia.

In India, machinery electrical parts imports contracted by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price continues to indicate a deep setback. 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 hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical parts of machinery or apparatus in Southern Asia?

The country with the largest volume of machinery electrical parts consumption was India, accounting for 50% of total volume. Moreover, machinery electrical parts consumption in India exceeded the figures recorded by the second-largest consumer, Pakistan, twofold. Bangladesh ranked third in terms of total consumption with a 21% share.

What are the largest producers of electrical parts of machinery or apparatus in Southern Asia?

The country with the largest volume of machinery electrical parts production was India, accounting for 50% of total volume. Moreover, machinery electrical parts production in India exceeded the figures recorded by the second-largest producer, Pakistan, twofold. Bangladesh ranked third in terms of total production with a 21% share.

What are the leading exporters of electrical parts of machinery or apparatus in Southern Asia?

In value terms, Sri Lanka emerged as the largest machinery electrical parts supplier in Southern Asia, comprising 60% of total exports. The second position in the ranking was taken by Bangladesh, with a 12% share of total exports.

What are the leading importers of electrical parts of machinery or apparatus in Southern Asia?

In value terms, India constitutes the largest market for imported electrical parts of machinery or apparatus in Southern Asia.

What is the average export price for electrical parts of machinery or apparatus in Southern Asia?

The export price in Southern Asia stood at $1,856 per ton in 2022, waning by -92.2% against the previous year.

What is the average import price for electrical parts of machinery or apparatus in Southern Asia?

In 2022, the import price in Southern Asia amounted to $5,596 per ton, falling by -35.4% against the previous year.

This report provides an in-depth analysis of the machinery electrical parts 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 2030.

Product coverage:

Prodcom 27903390 - Electrical parts of machinery or apparatus, n.e.c.

Country coverage:

Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023