Southern Asia: Pliers And Pincers Market 2024

Pliers And Pincers Market Size in Southern Asia

The South Asian pliers and pincers market declined markedly to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, showed prominent growth. Over the period under review, the market hit record highs at $X in 2021, and then reduced notably in the following year.

Pliers And Pincers Production in Southern Asia

In value terms, pliers and pincers production contracted slightly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Pliers And Pincers Exports

Exports in Southern Asia

In 2022, the amount of pliers, pincers and tweezers for nonmedical use exported in Southern Asia dropped modestly to X tons, with a decrease of X% against the previous year. In general, exports showed a pronounced curtailment. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, pliers and pincers exports declined modestly to $X in 2022. Total exports indicated a perceptible 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then dropped modestly in the following year.

Exports by Country

India prevails in exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by Pakistan (X tons), mixing up an X% share of total exports.

India was also the fastest-growing in terms of the pliers, pincers and tweezers for nonmedical use exports, with a CAGR of X% from 2012 to 2022. Pakistan (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Export price indicated buoyant growth from 2012 to 2022: its price 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, pliers and pincers export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2018; however, from 2019 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 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%).

Pliers And Pincers Imports

Imports in Southern Asia

In 2022, imports of pliers, pincers and tweezers for nonmedical use in Southern Asia contracted to X tons, dropping by X% compared with the previous year. In general, imports, however, saw a strong increase. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2021, and then dropped in the following year.

In value terms, pliers and pincers imports declined to $X in 2022. Over the period under review, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, India (X tons), distantly followed by Bangladesh (X tons) and Pakistan (X tons) were the major importers of pliers, pincers and tweezers for nonmedical use, together mixing up X% of total imports. Nepal (X tons) held a minor share of total imports.

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

In value terms, India ($X) constitutes the largest market for imported pliers, pincers and tweezers for nonmedical use in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

In India, pliers and pincers imports expanded at an average annual rate of X% over the period from 2012-2022. 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

The import price in Southern Asia stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price saw a mild downturn. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Pakistan ($X per ton) 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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