Southern Asia: Vehicle Speedometer Market 2020

Vehicle Speedometer Market Size in Southern Asia

The revenue of the vehicle speedometer market in Southern Asia amounted to $X in 2017, dropping by -X% against the previous year. The vehicle speedometer consumption continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2014, when market value increased by X% year-to-year. In that year, the vehicle speedometer market attained their peak level of $X. From 2015 to 2017, growth of the vehicle speedometer market failed to regain its momentum.

Vehicle Speedometer Production in Southern Asia

In 2017, vehicle speedometer production in Southern Asia amounted to X units, growing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2015, with an increase of X% y-o-y. The volume of vehicle speedometer production peaked in 2017, and is likely to see steady growth in the near future.

Vehicle Speedometer Exports in Southern Asia

In 2017, exports of vehicle speed indicators in Southern Asia stood at X units, falling by -X% against the previous year. The vehicle speedometer exports continue to indicate an outstanding growth. The most prominent rate of growth was recorded in 2008, when exports increased by X% year-to-year. Over the period under review, the vehicle speedometer exports attained its maximum volume of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, vehicle speedometer exports amounted to $X in 2017. The vehicle speedometer exports continue to indicate a strong increase. Over the period under review, the vehicle speedometer exports attained its peak figure level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Vehicle Speedometer Exports by Country in Southern Asia

The exports of the one major exporters of vehicle speed indicators, namely India, represented more than two-thirds of total export.

India was also the fastest growing in terms of the vehicle speed indicators exports, with a CAGR of +X% from 2007 to 2017. While the share of India (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest vehicle speedometer supplier in Southern Asia.

From 2007 to 2017, the average annual rate of growth in terms of value in India amounted to +X%.

Vehicle Speedometer Export Prices by Country in Southern Asia

The vehicle speedometer export price in Southern Asia stood at $X per unit in 2017, lowering by -X% against the previous year. The vehicle speedometer export price continues to indicate a drastic curtailment. The pace of growth was the most pronounced in 2014, when the export prices increased by X% against the previous year. In that year, the export prices for vehicle speed indicators attained their peak level of $X per unit. From 2015 to 2017, growth of the export prices for vehicle speed indicators failed to regain its momentum.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (-X% per year).

Vehicle Speedometer Imports in Southern Asia

In 2017, imports of vehicle speed indicators in Southern Asia totaled X units, picking up by X% against the previous year. The vehicle speedometer imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the vehicle speedometer imports attained its maximum volume of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, vehicle speedometer imports totaled $X in 2017. The total imports indicated a moderate expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vehicle speedometer imports decreased by -X% against 2011 indices. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Vehicle Speedometer Imports by Country in Southern Asia

Pakistan was the largest importer of vehicle speed indicators in Southern Asia, with the volume of imports recording X units, which was approx. X% of total imports in 2017. India (X units) took the second position in the ranking, followed by Sri Lanka (X units). All these countries together held near X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to vehicle speedometer imports into Pakistan stood at +X%. At the same time, Sri Lanka (+X%) and India (+X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. While the share of India (-X%), Sri Lanka (-X%) and Pakistan (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest vehicle speedometer markets worldwide were India ($X), Pakistan ($X) and Sri Lanka ($X), together accounting for X% of total imports.

Among the main importing countries , Sri Lanka (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Vehicle Speedometer Import Prices by Country in Southern Asia

In 2017, the vehicle speedometer import price in Southern Asia amounted to $X per unit, going down by -X% against the previous year. The vehicle speedometer import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2009, when the import prices increased by X% year-to-year. In that year, the import prices for vehicle speed indicators attained their peak level of $X per unit. From 2010 to 2017, growth of the import prices for vehicle speed indicators failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was India ($X per unit), while Sri Lanka ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (-X% per year), while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform