Southern Asia: Remote Control Apparatus Market 2024

Remote Control Apparatus Market Size in Southern Asia

The South Asian remote control apparatus market was estimated at $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, recorded prominent growth. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Remote Control Apparatus Production in Southern Asia

In value terms, remote control apparatus production stood at $X in 2022 estimated in export price. Overall, production posted a strong increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Remote Control Apparatus Exports

Exports in Southern Asia

In 2022, approx. X units of radio remote control apparatus were exported in Southern Asia; jumping by X% on the year before. In general, exports showed a perceptible increase. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, remote control apparatus exports skyrocketed to $X in 2022. Overall, exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India dominates exports structure, accounting for X units, which was approx. X% of total exports in 2022. Bangladesh (X units) held a little share of total exports.

Exports from India increased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%) displayed positive paces of growth. Moreover, Bangladesh 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 Bangladesh increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In India, remote control apparatus exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, declining by X% against the previous year. Export price indicated a moderate increase 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, remote control apparatus export price increased by X% against 2016 indices. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per unit), while Bangladesh stood at $X per unit.

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

Remote Control Apparatus Imports

Imports in Southern Asia

In 2022, remote control apparatus imports in Southern Asia expanded markedly to X units, with an increase of X% on 2021 figures. Over the period under review, imports showed a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, remote control apparatus imports expanded notably to $X in 2022. Overall, imports showed a prominent increase. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

India dominates imports structure, reaching X units, which was near X% of total imports in 2022. It was distantly followed by Bangladesh (X units), achieving a X% share of total imports. Nepal (X units) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to remote control apparatus imports into India stood at X%. At the same time, Bangladesh (X%) and Nepal (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of India, Bangladesh and Nepal increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported radio remote control apparatus in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports.

In India, remote control apparatus imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Nepal (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 Nepal ($X per unit), while Bangladesh ($X per unit) 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 a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :