Southern Asia: Non-Propelled Vehicle Axle Market 2020

Non-Propelled Vehicle Axle Market Size in Southern Asia

The revenue of the non-propelled vehicle axle market in Southern Asia amounted to $X in 2017, coming up by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review. The pace of growth was the most pronounced in 2017, when it surged by X% year-to-year. In that year, the non-propelled vehicle axle market attained their peak level, and is likely to continue its growth in the immediate term.

Non-Propelled Vehicle Axle Production in Southern Asia

In 2017, approx. X tons of axles of vehicles which are not mechanically propelled were produced in Southern Asia; picking up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. The pace of growth appeared the most rapid in 2017, when the output figure increased by X% year-to-year. In that year, the non-propelled vehicle axle production reached their peak volume, and is likely to continue its growth in the immediate term.

Non-Propelled Vehicle Axle Exports in Southern Asia

The exports totaled X tons in 2017, jumping by X% against the previous year. The non-propelled vehicle axle exports continue to indicate a strong growth. The growth pace was the most rapid in 2011, when exports increased by X% year-to-year. Over the period under review, the non-propelled vehicle axle exports reached its peak figure volume in 2017, and are likely to see steady growth in the near future.

In value terms, non-propelled vehicle axle exports stood at $X in 2017. The non-propelled vehicle axle exports continue to indicate a remarkable expansion. Over the period under review, the non-propelled vehicle axle exports attained its maximum level in 2017, and are expected to retain its growth in the near future.

Non-Propelled Vehicle Axle Exports by Country in Southern Asia

India prevails in non-propelled vehicle axle exports structure, amounting to X tons, which was approx. X% of total exports in 2017. It was distantly followed by Sri Lanka (X tons), comprising X% share of total exports.

India was also the fastest growing in terms of the axles of vehicles which are not mechanically propelled exports, with a CAGR of +X% from 2007 to 2017. Sri Lanka (-X%) illustrated a downward trend over the same period. While the share of Sri Lanka (X%) increased significantly in terms of the global exports from 2007-2017, the share of India (-X%) displayed negative dynamics.

In value terms, India ($X) remains the largest non-propelled vehicle axle supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of global exports.

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

Non-Propelled Vehicle Axle Export Prices by Country in Southern Asia

The non-propelled vehicle axle export price in Southern Asia stood at $X per ton in 2017, coming up by X% against the previous year. The non-propelled vehicle axle export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, when the export prices increased by X% year-to-year. Over the period under review, the export prices for axles of vehicles which are not mechanically propelled reached its maximum level of $X per ton in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in India ($X per ton) and Sri Lanka ($X per ton), while Sri Lanka ($X per ton) and India ($X per ton) were amongst the lowest.

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

Non-Propelled Vehicle Axle Imports in Southern Asia

In 2017, the amount of axles of vehicles which are not mechanically propelled imported in Southern Asia totaled X tons, falling by -X% against the previous year. The non-propelled vehicle axle imports continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2015, when it surged by X% y-o-y. Over the period under review, the non-propelled vehicle axle imports reached its maximum volume of X tons in 2016, and then declined slightly in the following year.

In value terms, non-propelled vehicle axle imports stood at $X in 2017. The non-propelled vehicle axle imports continue to indicate a remarkable increase. The level of imports peaked of $X in 2016, and then declined slightly in the following year.

Non-Propelled Vehicle Axle Imports by Country in Southern Asia

India represented the major importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Sri Lanka (X tons), Pakistan (X tons) and Bangladesh (X tons), together making up X% share of total imports.

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

In value terms, India ($X) constitutes the largest market for imported axles of vehicles which are not mechanically propelled in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global imports. It was followed by Sri Lanka, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in India amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+X% per year) and Sri Lanka (+X% per year).

Non-Propelled Vehicle Axle Import Prices by Country in Southern Asia

The non-propelled vehicle axle import price in Southern Asia stood at $X per ton in 2017, jumping by X% against the previous year. The non-propelled vehicle axle import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, when it surged by X% against the previous year. The level of import price peaked of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

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

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

Source: IndexBox Platform