Southern Asia: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Southern Asia

For the thirteenth consecutive year, the South Asian metal advertising sign market recorded decline in sales value, which decreased by -X% to $X in 2020. Overall, consumption continues to indicate a deep setback. The pace of growth was the most pronounced in 2008 when the market value decreased by -X% year-to-year. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Metal Advertising Sign Production in Southern Asia

In value terms, metal advertising sign production contracted to $X in 2020 estimated in export prices. Over the period under review, production faced a abrupt downturn. The most prominent rate of growth was recorded in 2011 when the production volume decreased by -X% year-to-year. The level of production peaked at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Production By Country in Southern Asia

India (X tons) remains the largest metal advertising sign producing country in Southern Asia, accounting for X% of total volume.

In India, metal advertising sign production decreased by an average annual rate of -X% over the period from 2007-2020.

Metal Advertising Sign Exports

Exports in Southern Asia

After two years of growth, shipments abroad of metal advertising signs decreased by -X% to X tons in 2020. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tons in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, metal advertising sign exports reduced to $X in 2020. Over the period under review, exports, however, saw a slight reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. The level of export peaked at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

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

India experienced a relatively flat trend pattern with regard to volume of exports of metal advertising signs. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest metal advertising sign supplier in Southern Asia.

From 2007 to 2020, the average annual growth rate of value in India amounted to -X%.

Export Prices by Country

The metal advertising sign export price in Southern Asia stood at $X per ton in 2020, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a slight curtailment. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, export prices reached the maximum at $X per ton in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2007 to 2020, the rate of growth in terms of prices for India amounted to -X% per year.

Metal Advertising Sign Imports

Imports in Southern Asia

In 2020, purchases abroad of metal advertising signs decreased by -X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports, however, showed a pronounced expansion. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. The volume of import peaked at X tons in 2011; however, from 2012 to 2020, imports remained at a lower figure.

In value terms, metal advertising sign imports reduced dramatically to $X in 2020. Overall, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, India (X tons) was the main importer of metal advertising signs, mixing up X% of total imports. It was distantly followed by Pakistan (X tons), Bangladesh (X tons) and Sri Lanka (X tons), together achieving a X% share of total imports. Nepal (X tons) took a minor share of total imports.

From 2007 to 2020, average annual rates of growth with regard to metal advertising sign imports into India stood at +X%. 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 imported in Southern Asia, with a CAGR of +X% from 2007-2020. By contrast, Nepal (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Bangladesh and Pakistan increased by +X% and +X% percentage points, while Nepal (-X p.p.) and India (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported metal advertising signs in Southern Asia, comprising X% of total imports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of total imports. It was followed by Sri Lanka, with a X% share.

In India, metal advertising sign imports increased at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+X% per year) and Sri Lanka (+X% per year).

Import Prices by Country

The metal advertising sign import price in Southern Asia stood at $X per ton in 2020, picking up by X% against the previous year. Import price indicated a tangible increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, metal advertising sign import price increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2014 an increase of X% y-o-y. The level of import peaked in 2020 and is likely to see gradual growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was Bangladesh ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Nepal, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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