Southern Asia: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2024

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Southern Asia

The South Asian market for fully or partly automatic electric machines for arc welding of metals shrank to $X in 2022, which is down by X% against the previous year. Overall, consumption saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 when the market value increased by X%. Over the period under review, the market attained the maximum level at $X.7B in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Southern Asia

In value terms, production of fully or partly automatic electric machines for arc welding of metals fell modestly to $X in 2022 estimated in export price. Over the period under review, production saw a deep contraction. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. The level of production peaked at $X.2B in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports in Southern Asia

In 2022, overseas shipments of fully or partly automatic electric machines for arc welding of metals increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals dropped to $X in 2022. In general, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, India (X units) was the major exporter of fully or partly automatic electric machines for arc welding of metals in Southern Asia, comprising X% of total export.

India was also the fastest-growing in terms of the fully or partly automatic electric machines for arc welding of metals exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest fully or partly automatic arc welding machine supplier in Southern Asia.

In India, exports of fully or partly automatic electric machines for arc welding of metals increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, 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.

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports in Southern Asia

In 2022, imports of fully or partly automatic electric machines for arc welding of metals in Southern Asia soared to X units, jumping by X% against 2021. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals dropped to $X in 2022. Overall, imports saw a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

India prevails in metals structure, finishing at X units, which was approx. X% of total imports in 2022. The following importers - Bangladesh (X units) and Pakistan (X units) - each recorded a X% share of total imports.

India was also the fastest-growing in terms of the fully or partly automatic electric machines for arc welding of metals imports, with a CAGR of X% from 2012 to 2022. At the same time, Bangladesh (X%) and Pakistan (X%) displayed positive paces of growth. India (X p.p.) significantly strengthened its position in terms of the total imports, while Bangladesh and Pakistan saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, India ($X) constitutes the largest market for imported fully or partly automatic electric machines for arc welding of metals in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and Pakistan (X% per year).

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 recorded a abrupt curtailment. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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