Southern Asia: Multi-Station Transfer Machine Market 2024

Multi-Station Transfer Machine Market Size in Southern Asia

The South Asian multi-station transfer machine market skyrocketed to $X in 2022, growing by X% against the previous year. In general, consumption, however, continues to indicate a slight descent. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Multi-Station Transfer Machine Production in Southern Asia

In value terms, multi-station transfer machine production rose sharply to $X in 2022 estimated in export price. Overall, production, however, recorded a deep setback. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Multi-Station Transfer Machine Exports

Exports in Southern Asia

In 2022, overseas shipments of multi-station transfer machines for working metal were finally on the rise to reach X units for the first time since 2017, thus ending a four-year declining trend. Overall, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, multi-station transfer machine exports surged to $X in 2022. In general, exports, however, continue to indicate a perceptible shrinkage. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from India (X units), together finishing at X% of total export.

India was also the fastest-growing in terms of the multi-station transfer machines for working metal 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 multi-station transfer machine supplier in Southern Asia.

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

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, jumping by X% against the previous year. In general, the export price posted a remarkable increase. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

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.

Multi-Station Transfer Machine Imports

Imports in Southern Asia

In 2022, approx. X units of multi-station transfer machines for working metal were imported in Southern Asia; increasing by X% compared with 2021 figures. Over the period under review, imports posted a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, multi-station transfer machine imports soared to $X in 2022. In general, imports, however, continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

India prevails in imports structure, finishing at X units, which was approx. X% of total imports in 2022. Bangladesh (X units) took the second position in the ranking, followed by Pakistan (X units). All these countries together held near X% share of total imports.

Imports into India increased at an average annual rate of X% from 2012 to 2022. At the same time, Pakistan (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. While the share of Pakistan (X p.p.) and Bangladesh (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of India (X p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported multi-station transfer machines for working metal in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in India amounted to X%. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the import price recorded a abrupt setback. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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