Southern Asia: Hide Repairing Machinery Market 2024

Hide Repairing Machinery Market Size in Southern Asia

The South Asian hide repairing machinery market surged to $X in 2022, picking up by X% against the previous year. In general, consumption, however, saw a pronounced decline. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Hide Repairing Machinery Production in Southern Asia

In value terms, hide repairing machinery production reduced slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Hide Repairing Machinery Exports

Exports in Southern Asia

In 2022, the amount of machinery for making or repairing articles of hides, skins or leather exported in Southern Asia soared to X units, jumping by X% on 2021 figures. Overall, exports, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, hide repairing machinery exports declined slightly to $X in 2022. In general, exports, however, saw a perceptible decrease. The pace of growth was the most pronounced in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, India (X units) was the major exporter of machinery for making or repairing articles of hides, skins or leather, mixing up X% of total exports. It was distantly followed by Pakistan (X units), constituting a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to hide repairing machinery exports from India stood at X%. At the same time, Pakistan (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Pakistan increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest hide repairing machinery supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Pakistan ($X), with a X% share of total exports.

In India, hide repairing machinery exports declined by 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, waning by X% against the previous year. Overall, the export price, however, enjoyed mild growth. The growth pace was the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($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%).

Hide Repairing Machinery Imports

Imports in Southern Asia

In 2022, hide repairing machinery imports in Southern Asia surged to X units, with an increase of X% compared with 2021 figures. Total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hide repairing machinery imports skyrocketed to $X in 2022. Overall, imports, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X units) represented the largest importer of machinery for making or repairing articles of hides, skins or leather in Southern Asia, making up X% of total import.

India was also the fastest-growing in terms of the machinery for making or repairing articles of hides, skins or leather 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 machinery for making or repairing articles of hides, skins or leather in Southern Asia.

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

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, which is down by X% against the previous year. In general, the import price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when the import price increased by X%. The level of import peaked at $X per unit in 2014; however, from 2015 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) :