Southern Asia: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2024

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in Southern Asia

The South Asian market for aluminium alloy plates, sheets and strip of thickness over X mm shrank modestly to $X in 2022, stabilizing at the previous year. The total consumption indicated a remarkable increase from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Aluminium Alloy Plates, Sheets and Strip of Thickness over X mm in Southern Asia

In value terms, production of aluminium alloy plates, sheets and strip of thickness over X mm reduced modestly to $X in 2022 estimated in export price. In general, production, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2016 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports in Southern Asia

In 2022, the amount of aluminium alloy plates, sheets and strip of thickness over X mm exported in Southern Asia dropped significantly to X tons, reducing by X% compared with the year before. Total exports indicated a mild expansion from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports of reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm contracted dramatically to $X in 2022. Total exports indicated a resilient increase from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The level of export peaked at $X in 2021, and then shrank sharply in the following year.

Exports by Country

The biggest shipments were from India (X tons), together reaching X% of total export.

India was also the fastest-growing in terms of the aluminium alloy plates, sheets and strip of thickness over X mm 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 aluminium alloy plate, sheet and strip of thickness over X mm 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, growing by X% against the previous year. Export price indicated tangible 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, export price for aluminium alloy plates, sheets and strip of thickness over X mm increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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.

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports in Southern Asia

In 2022, purchases abroad of aluminium alloy plates, sheets and strip of thickness over X mm increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports recorded a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm soared to $X in 2022. Over the period under review, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

India dominates mm structure, recording X tons, which was near X% of total imports in 2022. It was distantly followed by Sri Lanka (X tons), Pakistan (X tons) and Bangladesh (X tons), together generating a X% share of total imports.

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

In value terms, India ($X) constitutes the largest market for imported aluminium alloy plates, sheets and strip of thickness over X mm in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

In India, imports of aluminium alloy plates, sheets and strip of thickness over X mm increased at 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: Sri Lanka (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, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Sri Lanka ($X per ton) and India ($X per ton), while Bangladesh ($X per ton) and Pakistan ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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