Southern Asia: Worm Gearbox Market 2020

Worm Gearbox Market Size in Southern Asia

The revenue of the worm gearbox market in Southern Asia amounted to $X in 2017, falling by -X% against the previous year. The worm gearbox consumption continues to indicate a modest expansion. The growth pace was the most rapid in 2012, when it surged by X% y-o-y. Over the period under review, the worm gearbox market attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Worm Gearbox Production in Southern Asia

In 2017, the amount of gear boxes, worm gear boxes produced in Southern Asia totaled X units, leveling off at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2009, with an increase of X% year-to-year. Over the period under review, the worm gearbox production reached its maximum volume in 2017, and is likely to see steady growth in the near future.

Worm Gearbox Exports in Southern Asia

In 2017, the amount of gear boxes, worm gear boxes exported in Southern Asia totaled X units, jumping by X% against the previous year. The worm gearbox exports continue to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the worm gearbox exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, worm gearbox exports amounted to $X in 2017. The worm gearbox exports continue to indicate an outstanding increase. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Worm Gearbox Exports by Country in Southern Asia

The exports of the one major exporters of gear boxes, worm gear boxes, namely India, represented more than two-thirds of total export.

India was also the fastest growing in terms of the gear boxes, worm gear boxes exports, with a CAGR of +X% from 2007 to 2017. 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 worm gearbox supplier in Southern Asia.

From 2007 to 2017, the average annual growth rate of value in India stood at +X%.

Worm Gearbox Export Prices by Country in Southern Asia

In 2017, the worm gearbox export price in Southern Asia amounted to $X per unit, shrinking by -X% against the previous year. The worm gearbox export price continues to indicate a mild descent. The pace of growth was the most pronounced in 2012, an increase of X% year-to-year. Over the period under review, the export prices for gear boxes, worm gear boxes reached its maximum level of $X per unit in 2016, and then declined slightly in the following year.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (-X% per year).

Worm Gearbox Imports in Southern Asia

In 2017, approx. X units of gear boxes, worm gear boxes were imported in Southern Asia; surging by X% against the previous year. The worm gearbox imports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2015, when it surged by X% against the previous year. The volume of imports peaked of X units in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, worm gearbox imports totaled $X in 2017. The total imports indicated a moderate increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the worm gearbox imports decreased by -X% against 2011 indices. In that year, the worm gearbox imports reached their peak level of $X. From 2009 to 2017, growth of the worm gearbox imports stood at a somewhat lower level.

Worm Gearbox Imports by Country in Southern Asia

India represented the largest importer of gear boxes, worm gear boxes in Southern Asia, with the volume of imports amounting to X units, which was approx. X% of total imports in 2017. It was distantly followed by Pakistan (X units), creating X% share of total imports. The following importers - Sri Lanka (X units) and Bangladesh (X units) each finished at a X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to worm gearbox imports into India stood at -X%. At the same time, Bangladesh (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. Sri Lanka experienced a relatively flat trend pattern. From 2007 to 2017, the share of India increased by X% percentage points, while Bangladesh (-X%) and Pakistan (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported gear boxes, worm gear boxes in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global imports. It was followed by Bangladesh, with a X% share.

From 2007 to 2017, the average annual growth rate of value in India totaled +X%. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and Bangladesh (+X% per year).

Worm Gearbox Import Prices by Country in Southern Asia

In 2017, the worm gearbox import price in Southern Asia amounted to $X per unit, lowering by -X% against the previous year. The import price indicated a prominent expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the worm gearbox import price increased by +X% against 2015 indices. The growth pace was the most rapid in 2016, when it surged by X% against the previous year. In that year, the import prices for gear boxes, worm gear boxes attained their peak level of $X per unit, and then declined slightly in the following year.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Bangladesh ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform