Southern Asia: Non-Agglomerated Metal Carbides Market 2024

Non-Agglomerated Metal Carbides Market Size in Southern Asia

The South Asian non-agglomerated metal carbides market soared to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption showed a buoyant expansion. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Non-Agglomerated Metal Carbides Production in Southern Asia

In value terms, non-agglomerated metal carbides production expanded remarkably to $X in 2022 estimated in export price. Overall, production recorded a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Non-Agglomerated Metal Carbides Exports

Exports in Southern Asia

In 2022, shipments abroad of non-agglomerated metal carbides mixed together or with metallic binders increased by X% to X tons, rising for the second year in a row after two years of decline. Total exports indicated a mild expansion 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-agglomerated metal carbides exports rose significantly to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

India dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Pakistan (X tons), achieving a X% share of total exports.

India was also the fastest-growing in terms of the non-agglomerated metal carbides mixed together or with metallic binders exports, with a CAGR of X% from 2012 to 2022. Pakistan (X%) illustrated a downward trend over the same period. While the share of Pakistan (X p.p.) and India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in India was relatively modest.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, recorded a slight decline. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan stood at $X per ton.

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

Non-Agglomerated Metal Carbides Imports

Imports in Southern Asia

In 2022, non-agglomerated metal carbides imports in Southern Asia skyrocketed to X tons, picking up by X% against the previous year. Over the period under review, imports continue to indicate strong growth. The growth pace was the most rapid in 2017 when imports increased by 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, non-agglomerated metal carbides imports surged to $X in 2022. Total imports indicated a notable increase from 2012 to 2022: its value 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 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the one major importers of non-agglomerated metal carbides mixed together or with metallic binders, namely India, represented more than two-thirds of total import.

India was also the fastest-growing in terms of the non-agglomerated metal carbides mixed together or with metallic binders imports, with a CAGR of X% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported non-agglomerated metal carbides mixed together or with metallic binders in Southern Asia.

In India, non-agglomerated metal carbides imports expanded at 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 ton, which is down by X% against the previous year. Overall, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 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

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