Southern Asia: Ship Propeller Market 2024

Ship Propeller Market Size in Southern Asia

The South Asian ship propeller market reached $X in 2022, surging by X% against the previous year. In general, consumption showed a abrupt curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Ship Propeller Production in Southern Asia

In value terms, ship propeller production rose rapidly to $X in 2022 estimated in export price. In general, production enjoyed a moderate increase. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Ship Propeller Exports

Exports in Southern Asia

After two years of decline, overseas shipments of ships or boats propellers and blades therefor increased by X% to X units in 2022. Over the period under review, exports, however, showed a deep setback. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, ship propeller exports skyrocketed to $X in 2022. Overall, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Pakistan was the key exporting country with an export of about X units, which recorded X% of total exports. It was distantly followed by Bangladesh (X units) and India (X units), together making up a X% share of total exports. Sri Lanka (X units) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Pakistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X), Bangladesh ($X) and India ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Among the main exporting countries, Pakistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, remaining stable against the previous year. Overall, the export price, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2014 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then fell slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sri Lanka ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced more modest paces of growth.

Ship Propeller Imports

Imports in Southern Asia

In 2022, approx. X units of ships or boats propellers and blades therefor were imported in Southern Asia; dropping by X% compared with the year before. Over the period under review, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, ship propeller imports totaled $X in 2022. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India represented the key importing country with an import of around X units, which resulted at X% of total imports. Bangladesh (X units) ranks second in terms of the total imports with a X% share, followed by Maldives (X%) and Sri Lanka (X%).

From 2012 to 2022, the biggest increases were recorded for Maldives (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, India ($X) constitutes the largest market for imported ships or boats propellers and blades therefor in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Maldives, with a X% share.

In India, ship propeller imports shrank by 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 Maldives (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, jumping by X% against the previous year. In general, the import price, however, showed a mild curtailment. Over the period under review, import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

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