Asia-Pacific: Hand-Held Blow Pipe Market 2024

Hand-Held Blow Pipe Market Size in Asia-Pacific

In 2021, the Asia-Pacific hand-held blow pipe market decreased by -13.3% to $X, falling for the second consecutive year after three years of growth. In general, consumption continues to indicate a mild descent. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Hand-Held Blow Pipe Production in Asia-Pacific

In value terms, hand-held blow pipe production contracted slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 14%. The level of production peaked at $X in 2020, and then contracted modestly in the following year.

Hand-Held Blow Pipe Exports

Exports in Asia-Pacific

For the fifth year in a row, Asia-Pacific recorded growth in overseas shipments of hand-held blow pipes for soldering, brazing or welding, which increased by 80% to X units in 2021. Over the period under review, exports saw a strong expansion. As a result, the exports attained 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. In general, exports continue to indicate a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, amounting to X units, which was near 91% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X units), achieving a 7.8% 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. From 2012 to 2021, the share of China increased by +44 percentage points.

In value terms, China ($X) remains the largest hand-held blow pipe supplier in Asia-Pacific, comprising 82% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 15% share of total exports.

In China, hand-held blow pipe exports expanded at an average annual rate of +12.0% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per unit, reducing by -21.9% against the previous year. Over the period under review, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2013 when the export price increased by 42% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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 totaled $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-Pacific

In 2021, hand-held blow pipe imports in Asia-Pacific surged to X units, with an increase of 21% on 2020. Total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +63.4% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of 54% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, hand-held blow pipe imports skyrocketed to $X in 2021. Total imports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 68% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Indonesia (X units), distantly followed by Australia (X units), Malaysia (X units), India (X units), Hong Kong SAR (X units) and Japan (X units) represented the major importers of hand-held blow pipes for soldering, brazing or welding, together committing 77% of total imports. Thailand (X units), Taiwan (Chinese) (X units), Bangladesh (X units) and South Korea (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bangladesh (with a CAGR of +51.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hand-held blow pipe importing markets in Asia-Pacific were Australia ($X), Indonesia ($X) and Japan ($X), together comprising 49% of total imports. Taiwan (Chinese), India, Hong Kong SAR, Malaysia, South Korea and Bangladesh lagged somewhat behind, together comprising a further 38%.

Bangladesh, with a CAGR of +39.5%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2021, rising by 12% against the previous year. Overall, the import price, however, continues to indicate a pronounced contraction. The growth pace was the most rapid in 2016 when the import price increased by 19% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2021, 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 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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