Report Southern Asia - Bodies for Motor Vehicles for the Transporting People - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Southern Asia - Bodies for Motor Vehicles for the Transporting People - Market Analysis, Forecast, Size, Trends and Insights

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Southern 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) :

India constituted the country with the largest volume of transportation vehicle body consumption, comprising approx. 92% of total volume. Moreover, transportation vehicle body consumption in India exceeded the figures recorded by the second-largest consumer, Afghanistan, more than tenfold.
The country with the largest volume of transportation vehicle body production was India, accounting for 92% of total volume. Moreover, transportation vehicle body production in India exceeded the figures recorded by the second-largest producer, Afghanistan, more than tenfold.
In value terms, India remains the largest transportation vehicle body supplier in Southern Asia, comprising 100% of total exports. The second position in the ranking was occupied by Pakistan, with a 0.2% share of total exports.
In value terms, India constitutes the largest market for imported bodies for motor vehicles for the transporting people in Southern Asia, comprising 87% of total imports. The second position in the ranking was occupied by Afghanistan, with a 7.4% share of total imports. It was followed by Sri Lanka, with a 2.4% share.
The export price in Southern Asia stood at $522 per unit in 2021, declining by -34.7% against the previous year.
In 2021, the import price in Southern Asia amounted to $1,534 per unit, dropping by -10.8% against the previous year.

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:

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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