Asia: Hand-Held Blow Pipe Market 2024

Hand-Held Blow Pipe Market Size in Asia

In 2021, the Asian hand-held blow pipe market decreased by -12.2% to $X, falling for the second year in a row after three years of growth. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Hand-Held Blow Pipe Production in Asia

In value terms, hand-held blow pipe production reduced slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.0% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when the production volume increased by 14%. Over the period under review, production attained the peak level at $X in 2020, and then contracted in the following year.

Hand-Held Blow Pipe Exports

Exports in Asia

In 2021, approx. X units of hand-held blow pipes for soldering, brazing or welding were exported in Asia; growing by 80% on 2020 figures. Over the period under review, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hand-held blow pipe exports surged to $X in 2021. Overall, exports continue to indicate strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, accounting for X units, which was approx. 90% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X units), creating a 7.7% share of total exports.

China was also the fastest-growing in terms of the hand-held blow pipes for soldering, brazing or welding exports, with a CAGR of +29.2% from 2012 to 2021. Taiwan (Chinese) (-1.6%) illustrated a downward trend over the same period. While the share of China (+47 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Taiwan (Chinese) (-35.6 p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest hand-held blow pipe supplier in Asia, comprising 81% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual growth rate of value in China stood at +12.0%.

Export Prices by Country

In 2021, the export price in Asia amounted to $X per unit, with a decrease of -21.5% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2013 an increase of 37%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while China stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.8%).

Hand-Held Blow Pipe Imports

Imports in Asia

In 2021, overseas purchases of hand-held blow pipes for soldering, brazing or welding increased by 17% to X units, rising for the fifth year in a row after two years of decline. The total import volume increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 27%. The volume of import peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, hand-held blow pipe imports surged to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Indonesia (X units), distantly followed by the United Arab Emirates (X units), Malaysia (X units), Kazakhstan (X units) and India (X units) represented the key importers of hand-held blow pipes for soldering, brazing or welding, together achieving 56% of total imports. Hong Kong SAR (X units), Japan (X units), Thailand (X units), Iraq (X units), Taiwan (Chinese) (X units), Israel (X units), Bangladesh (X units) and Iran (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Bangladesh (with a CAGR of +51.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported hand-held blow pipes for soldering, brazing or welding in Asia, comprising 22% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 9.1% share of total imports. It was followed by Japan, with an 8.1% share.

In the United Arab Emirates, hand-held blow pipe imports plunged by an average annual rate of -3.0% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Indonesia (+32.8% per year) and Japan (-3.2% per year).

Import Prices by Country

The import price in Asia stood at $X per unit in 2021, growing by 18% against the previous year. In general, the import price, however, continues to indicate a pronounced shrinkage. Over the period under review, import prices attained the peak figure at $X per unit 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, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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