Southern Asia: Sheet Piling Market 2024

Sheet Piling Market Size in Southern Asia

The South Asian sheet piling market rose to $X in 2022, surging by X% against the previous year. In general, consumption, however, saw a abrupt descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sheet Piling Production in Southern Asia

In value terms, sheet piling production expanded notably to $X in 2022 estimated in export price. Overall, production, however, showed a noticeable shrinkage. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Sheet Piling Exports

Exports in Southern Asia

In 2022, sheet piling exports in Southern Asia skyrocketed to X tons, increasing by X% against the year before. Over the period under review, exports posted buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, sheet piling exports surged to $X in 2022. In general, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

India represented the major exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Sri Lanka (X tons), achieving a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to sheet piling exports from India stood at X%. At the same time, Sri Lanka (X%) displayed positive paces of growth. Moreover, Sri Lanka 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 Sri Lanka and India increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In India, sheet piling exports increased 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 ton, shrinking by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2020; however, from 2021 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 Sri Lanka totaled $X per ton.

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

Sheet Piling Imports

Imports in Southern Asia

In 2022, the amount of sheet piling, shapes and sections (of iron or steel) imported in Southern Asia contracted modestly to X tons, with a decrease of X% against 2021 figures. In general, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, sheet piling imports skyrocketed to $X in 2022. Overall, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Bangladesh (X tons) represented the main importer of sheet piling, shapes and sections (of iron or steel), creating X% of total imports. It was distantly followed by India (X tons), comprising a X% share of total imports. Maldives (X tons) held a minor share of total imports.

Bangladesh was also the fastest-growing in terms of the sheet piling, shapes and sections (of iron or steel) imports, with a CAGR of X% from 2012 to 2022. At the same time, Maldives (X%) and India (X%) displayed positive paces of growth. While the share of Bangladesh (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of India (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bangladesh ($X) constitutes the largest market for imported sheet piling, shapes and sections (of iron or steel) in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Bangladesh totaled X%. In the other countries, the average annual rates were as follows: India (X% per year) and Maldives (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, recorded a slight slump. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Maldives ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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