Southern Asia: Balloon And Dirigible Market 2024

Balloon And Dirigible Market Size in Southern Asia

For the third consecutive year, the South Asian balloon and dirigible market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption, however, saw a pronounced expansion. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Balloon And Dirigible Production in Southern Asia

In value terms, balloon and dirigible production fell notably to $X in 2022 estimated in export price. In general, production, however, showed a significant increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Balloon And Dirigible Exports

Exports in Southern Asia

In 2022, balloon and dirigible exports in Southern Asia rose markedly to X units, surging by X% on 2021. In general, exports saw buoyant growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, balloon and dirigible exports fell dramatically to $X in 2022. Over the period under review, exports continue to indicate a measured expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, India (X units) was the largest exporter of balloons, dirigibles and other non-powered aircraft in Southern Asia, committing X% of total export.

India was also the fastest-growing in terms of the balloons, dirigibles and other non-powered aircraft exports, with a CAGR of X% from 2012 to 2022. India (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest balloon and dirigible supplier in Southern Asia.

In India, balloon and dirigible exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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.

Balloon And Dirigible Imports

Imports in Southern Asia

Balloon and dirigible imports fell notably to X units in 2022, reducing by X% against the year before. In general, imports saw a pronounced decrease. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, balloon and dirigible imports amounted to $X in 2022. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Maldives (X units) and India (X units) represented the largest importers of balloons, dirigibles and other non-powered aircraft in Southern Asia, together reaching near X% of total imports. It was distantly followed by Nepal (X units), creating a X% share of total imports. Bangladesh (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Nepal (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, India ($X) constitutes the largest market for imported balloons, dirigibles and other non-powered aircraft in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Maldives, with a X% share.

From 2012 to 2022, the average annual growth rate of value in India stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and Maldives (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the 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 Bangladesh ($X per unit), while Maldives ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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