Southern Asia: Market for Base Metal Automatic Door Closers 2025

Market Size for Base Metal Automatic Door Closers in Southern Asia

The South Asian metal automatic door closer market reached $X in 2021, increasing by 3.4% against the previous year. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The level of consumption peaked in 2021 and is likely to see gradual growth in years to come.

Production of Base Metal Automatic Door Closers in Southern Asia

In value terms, metal automatic door closer production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the production volume increased by 14% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then declined slightly in the following year.

Exports of Base Metal Automatic Door Closers

Exports in Southern Asia

In 2021, approx. X tons of base metal automatic door closers were exported in Southern Asia; picking up by 37% compared with 2020 figures. Total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -4.3% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 55% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, metal automatic door closer exports skyrocketed to $X in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 46% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, India (X tons) represented the key exporter of base metal automatic door closers, creating 83% of total exports. It was distantly followed by Pakistan (X tons), mixing up a 14% share of total exports. Sri Lanka (X tons) followed a long way behind the leaders.

Exports from India increased at an average annual rate of +8.8% from 2012 to 2021. At the same time, Pakistan (+40.9%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +40.9% from 2012-2021. By contrast, Sri Lanka (-11.2%) illustrated a downward trend over the same period. While the share of Pakistan (+13 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Sri Lanka (-12.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest metal automatic door closer supplier in Southern Asia, comprising 83% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 14% share of total exports.

In India, metal automatic door closer exports increased at an average annual rate of +7.6% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (+50.9% per year) and Sri Lanka (-4.3% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, rising by 6.5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the export price increased by 21%. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+7.7%), while the other leaders experienced mixed trends in the export price figures.

Imports of Base Metal Automatic Door Closers

Imports in Southern Asia

In 2021, metal automatic door closer imports in Southern Asia soared to X tons, increasing by 68% compared with the previous year's figure. Total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal automatic door closer imports soared to $X in 2021. Total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

India dominates imports structure, amounting to X tons, which was approx. 79% of total imports in 2021. Bangladesh (X tons) ranks second in terms of the total imports with a 9.8% share, followed by Sri Lanka (5.4%). Pakistan (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to metal automatic door closer imports into India stood at +7.8%. At the same time, Bangladesh (+19.1%), Sri Lanka (+2.4%) and Pakistan (+2.3%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +19.1% from 2012-2021. While the share of Bangladesh (+5.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Pakistan (-2.4 p.p.) and Sri Lanka (-3.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported base metal automatic door closers in Southern Asia, comprising 77% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 9.3% share of total imports. It was followed by Sri Lanka, with a 6.8% share.

In India, metal automatic door closer imports expanded at an average annual rate of +5.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Bangladesh (+12.4% per year) and Sri Lanka (+6.4% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. In general, the import price saw a pronounced shrinkage. The pace of growth was the most pronounced in 2013 when the import price increased by 6.2%. Over the period under review, import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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 Sri Lanka ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+3.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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