Southern Asia - Bodies for Motor Vehicles for the Transporting People - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouthern Asia: Transportation Vehicle Body Market 2024
Transportation Vehicle Body Market Size in Southern Asia
The South Asian transportation vehicle body market reached $X in 2022, approximately reflecting the previous year. Overall, consumption, however, enjoyed a prominent increase. The level of consumption peaked in 2022 and is expected to retain growth in years to come.
Transportation Vehicle Body Production in Southern Asia
In value terms, transportation vehicle body production shrank to $X in 2022 estimated in export price. Overall, production, however, posted buoyant growth. The growth pace was the most rapid in 2019 when the production volume increased by 51% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.
Transportation Vehicle Body Exports
Exports in Southern Asia
In 2022, the amount of bodies for motor vehicles for the transporting people exported in Southern Asia soared to X units, rising by 109% on the previous year. Overall, exports saw significant growth. The growth pace was the most rapid in 2017 when exports increased by 284%. The volume of export peaked in 2022 and is expected to retain growth in the near future.
In value terms, transportation vehicle body exports soared to $X in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 403%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
Exports by Country
The biggest shipments were from India (X units), together reaching 99.9% of total export.
India was also the fastest-growing in terms of the bodies for motor vehicles for the transporting people exports, with a CAGR of +63.1% from 2012 to 2022. While the share of India (+17 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, India ($X) also remains the largest transportation vehicle body supplier in Southern Asia.
In India, transportation vehicle body exports increased at an average annual rate of +43.3% over the period from 2012-2022.
Export Prices by Country
The export price in Southern Asia stood at $X per unit in 2022, which is down by -12.2% against the previous year. In general, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 115% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
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 -12.2% per year.
Transportation Vehicle Body Imports
Imports in Southern Asia
For the sixth year in a row, Southern Asia recorded growth in purchases abroad of bodies for motor vehicles for the transporting people, which increased by 23% to X units in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 181%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.
In value terms, transportation vehicle body imports skyrocketed to $X in 2022. In general, imports showed a notable expansion. The growth pace was the most rapid in 2021 with an increase of 150%. The level of import peaked in 2022 and is likely to continue growth in years to come.
Imports by Country
India (X units) represented roughly 98% of total imports in 2022.
India was also the fastest-growing in terms of the bodies for motor vehicles for the transporting people imports, with a CAGR of +27.6% from 2012 to 2022. From 2012 to 2022, the share of India increased by +21 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, India ($X) constitutes the largest market for imported bodies for motor vehicles for the transporting people in Southern Asia.
In India, transportation vehicle body imports increased at an average annual rate of +5.1% over the period from 2012-2022.
Import Prices by Country
In 2022, the import price in Southern Asia amounted to $X per unit, waning by -3.9% against the previous year. In general, the import price faced a deep slump. The pace of growth was the most pronounced in 2014 when the import price increased by 20%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.
As there is only one major supplying country, 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 -17.7% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the transportation vehicle body market in Southern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29201030 - Bodies for motor cars and other motor vehicles principally designed for the transport of persons (including for golf cars and similar vehicles) (excluding those for transporting . .10 persons)
Country coverage:
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Southern Asia, split by region and country
- Trade (exports and imports) in Southern Asia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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