Report Southern Asia - Railway Material of Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Southern Asia - Railway Material of Steel - Market Analysis, Forecast, Size, Trends and Insights
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Southern Asia: Steel Railway Material Market 2022

Steel Railway Material Market Size in Southern Asia

The South Asian steel railway material market rose notably to $X in 2021, increasing by 6.1% against the previous year. The total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -4.6% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Steel Railway Material Production in Southern Asia

In value terms, steel railway material production totaled $X in 2021 estimated in export price. The total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.6% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 26%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Steel Railway Material Exports

Exports in Southern Asia

In 2021, overseas shipments of railway material of steel increased by 75% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports enjoyed a mild increase. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, steel railway material exports skyrocketed to $X in 2021. Total exports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

India prevails in exports structure, recording X tons, which was approx. 91% of total exports in 2021. It was distantly followed by Pakistan (X tons), creating an 8.8% share of total exports.

India was also the fastest-growing in terms of the railway material of steel exports, with a CAGR of +3.7% from 2012 to 2021. Pakistan (-11.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of India increased by +19 percentage points.

In value terms, India ($X) remains the largest steel railway material supplier in Southern Asia, comprising 94% of total exports. The second position in the ranking was held by Pakistan ($X), with a 5.8% share of total exports.

In India, steel railway material exports expanded at an average annual rate of +5.2% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, leveling off at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2018 when the export price increased by 18%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was India ($X per ton), while Pakistan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+4.2%).

Steel Railway Material Imports

Imports in Southern Asia

Steel railway material imports surged to X tons in 2021, increasing by 37% compared with the year before. Overall, imports saw a strong expansion. The growth pace was the most rapid in 2018 with an increase of 83% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, steel railway material imports skyrocketed to $X in 2021. In general, imports continue to indicate prominent growth. The growth pace was the most rapid in 2018 with an increase of 70%. The level of import peaked in 2021 and is likely to see gradual growth in the near future.

Imports by Country

India represented the major importer of railway material of steel in Southern Asia, with the volume of imports resulting at X tons, which was near 74% of total imports in 2021. It was distantly followed by Bangladesh (X tons) and Pakistan (X tons), together comprising a 21% share of total imports. The following importers - Nepal (X tons) and Sri Lanka (X tons) - each finished at a 3.6% share of total imports.

Imports into India increased at an average annual rate of +15.5% from 2012 to 2021. At the same time, Nepal (+24.4%), Bangladesh (+12.3%) and Sri Lanka (+5.6%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +24.4% from 2012-2021. Pakistan experienced a relatively flat trend pattern. While the share of India (+16 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Pakistan (-16.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported railway material of steel in Southern Asia, comprising 73% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 16% share of total imports. It was followed by Pakistan, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value in India totaled +15.6%. In the other countries, the average annual rates were as follows: Bangladesh (+13.2% per year) and Pakistan (-0.6% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, with an increase of 13% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Bangladesh ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+0.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for railway material of steel in Southern Asia?
+
India constituted the country with the largest volume of steel railway material consumption, comprising approx. 76% of total volume. Moreover, steel railway material consumption in India exceeded the figures recorded by the second-largest consumer, Pakistan, threefold.
What are the largest producers of railway material of steel in Southern Asia?
+
India constituted the country with the largest volume of steel railway material production, comprising approx. 76% of total volume. Moreover, steel railway material production in India exceeded the figures recorded by the second-largest producer, Pakistan, threefold.
What are the leading exporters of railway material of steel in Southern Asia?
+
In value terms, India remains the largest steel railway material supplier in Southern Asia, comprising 94% of total exports. The second position in the ranking was taken by Pakistan, with a 5.8% share of total exports.
What are the leading importers of railway material of steel in Southern Asia?
+
In value terms, India constitutes the largest market for imported railway material of steel in Southern Asia, comprising 73% of total imports. The second position in the ranking was held by Bangladesh, with a 16% share of total imports. It was followed by Pakistan, with a 6.5% share.
What is the average export price for railway material of steel in Southern Asia?
+
In 2021, the export price in Southern Asia amounted to $2,336 per ton, remaining stable against the previous year.
What is the average import price for railway material of steel in Southern Asia?
+
In 2021, the import price in Southern Asia amounted to $1,227 per ton, growing by 13% against the previous year.

This report provides an in-depth analysis of the steel railway material market in Southern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 24107500 - Railway material (of steel)
• Prodcom 2410T252 - Railway material
Country coverage:
• Afghanistan
• Bhutan
• Maldives
• Nepal

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Southern Asia, split by region and country
• Trade (exports and imports) in Southern Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Bangladesh
• Bhutan
• India
• Maldives
• Nepal
• Pakistan
• Sri Lanka
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2018–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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