Southern Asia: Propellant Powders Market 2024

Propellant Powders Market Size in Southern Asia

The South Asian propellant powders market shrank to $X in 2022, remaining constant against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Propellant Powders Production in Southern Asia

In value terms, propellant powders production totaled $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Propellant Powders Exports

Exports in Southern Asia

In 2022, overseas shipments of propellant powders were finally on the rise to reach X tons after two years of decline. In general, exports posted a significant expansion. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, propellant powders exports amounted to $X in 2022. Over the period under review, exports saw prominent growth. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Pakistan dominates exports structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by India (X tons), generating an X% share of total exports.

Pakistan was also the fastest-growing in terms of the propellant powders exports, with a CAGR of X% from 2012 to 2022. At the same time, India (X%) displayed positive paces of growth. While the share of Pakistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of India (X p.p.) displayed negative dynamics.

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

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

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices remained 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 ton), while India stood at $X per ton.

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

Propellant Powders Imports

Imports in Southern Asia

In 2022, approx. X tons of propellant powders were imported in Southern Asia; falling by X% against the previous year. Overall, imports recorded a abrupt downturn. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, propellant powders imports plummeted to $X in 2022. In general, imports faced a deep downturn. The most prominent rate of growth was recorded 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 failed to regain momentum.

Imports by Country

Bhutan dominates imports structure, finishing at X tons, which was approx. X% of total imports in 2022. The following importers - India (X tons), Sri Lanka (X tons) and Nepal (X tons) - together made up X% of total imports.

Bhutan was also the fastest-growing in terms of the propellant powders imports, with a CAGR of X% from 2012 to 2022. At the same time, Sri Lanka (X%) displayed positive paces of growth. Nepal experienced a relatively flat trend pattern. By contrast, India (X%) illustrated a downward trend over the same period. Bhutan (X p.p.) and Sri Lanka (X p.p.) significantly strengthened its position in terms of the total imports, while India saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported propellant powders in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bhutan ($X), with a X% share of total imports. It was followed by Nepal, with a X% share.

In India, propellant powders imports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bhutan (X% per year) and Nepal (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices stood 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 India ($X per ton), while Bhutan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :