Southern Asia: Market for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in Southern Asia

The South Asian market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) shrank remarkably to $X in 2022, which is down by X% against the previous year. In general, consumption recorded a pronounced shrinkage. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in Southern Asia

In value terms, production of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) dropped to $X in 2022 estimated in export price. In general, production showed a deep reduction. The pace of growth appeared the most rapid in 2014 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Exports in Southern Asia

In 2022, approx. X units of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) were exported in Southern Asia; increasing by X% compared with the previous year. Over the period under review, exports enjoyed a prominent expansion. The growth pace was the most rapid in 2020 when exports increased by X%. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) rose slightly to $X in 2022. Overall, exports, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, India (X units) was the major exporter of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft), making up X% of total exports. It was distantly followed by Bangladesh (X units), mixing up a X% share of total exports.

Exports from India increased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. Bangladesh (X p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, India ($X) remains the largest internal combustion engine (excl. diesel, moto vehicle and aircraft) supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price recorded a deep contraction. The growth pace was the most rapid in 2017 an increase of X%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per unit), while India totaled $X per unit.

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

Imports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Imports in Southern Asia

Imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) shrank markedly to X units in 2022, declining by X% against 2021. Overall, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports of attained the maximum at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) reduced to $X in 2022. Over the period under review, imports, however, enjoyed tangible growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Pakistan (X units) and India (X units) dominates aircraft) structure, together generating X% of total imports. It was distantly followed by Bangladesh (X units), creating a X% share of total imports. Afghanistan (X units) and Sri Lanka (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Afghanistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in India was relatively modest. 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, jumping by X% against the previous year. Overall, the import price, however, continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat lower figure.

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 ($X per unit), while Afghanistan ($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 a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :