Southern Asia: Vapour Generating Boiler Market 2024

Vapour Generating Boiler Market Size in Southern Asia

After two years of growth, the South Asian vapour generating boiler market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2021, and then reduced slightly in the following year.

Vapour Generating Boiler Production in Southern Asia

In value terms, vapour generating boiler production rose rapidly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Vapour Generating Boiler Exports

Exports in Southern Asia

In 2022, overseas shipments of vapour generating boilers increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, saw a mild setback. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, vapour generating boiler exports surged to $X in 2022. In general, exports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, India (X tons) was the main exporter of vapour generating boilers in Southern Asia, mixing up X% of total export.

India was also the fastest-growing in terms of the vapour generating boilers exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest vapour generating boiler supplier in Southern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in India totaled X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, approximately reflecting the previous year. In general, the export price saw a noticeable downturn. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Vapour Generating Boiler Imports

Imports in Southern Asia

In 2022, approx. X tons of vapour generating boilers were imported in Southern Asia; reducing by X% compared with the year before. In general, imports showed a pronounced reduction. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, vapour generating boiler imports fell dramatically to $X in 2022. Overall, imports continue to indicate a noticeable shrinkage. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Bangladesh (X tons) represented the major importer of vapour generating boilers, committing X% of total imports. India (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Sri Lanka (X%) and Pakistan (X%). The following importers - Nepal (X tons) and Afghanistan (X tons) - each finished at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to vapour generating boiler imports into Bangladesh stood at X%. At the same time, Nepal (X%), Afghanistan (X%) and Sri Lanka (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Pakistan (X%) and India (X%) illustrated a downward trend over the same period. Bangladesh (X p.p.), Sri Lanka (X p.p.) and Nepal (X p.p.) significantly strengthened its position in terms of the total imports, while Pakistan and India saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bangladesh ($X) constitutes the largest market for imported vapour generating boilers in Southern Asia, comprising X% of total imports. The second position in the ranking was held by India ($X), with an X% share of total imports. It was followed by Pakistan, with a X% share.

In Bangladesh, vapour generating boiler 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: India (X% per year) and Pakistan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, flattening at the previous year. Import price indicated modest growth 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, vapour generating boiler import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. The level of import peaked at $X per ton in 2015; however, from 2016 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 Pakistan ($X per ton), while Sri Lanka ($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

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