Southern Asia: Diamonded Boring Tools Market 2020

Diamonded Boring Tools Market Size in Southern Asia

The revenue of the diamonded boring tools market in Southern Asia amounted to $X in 2017, jumping by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. In that year, the diamonded boring tools market reached their peak level, and is likely to continue its growth in the immediate term.

Diamonded Boring Tools Production in Southern Asia

The diamonded boring tools production stood at X units in 2017, falling by -X% against the previous year. The diamonded boring tools production continues to indicate a remarkable growth. The growth pace was the most rapid in 2011, when the output figure increased by X% y-o-y. In that year, the diamonded boring tools production reached their peak volume of X units. From 2012 to 2017, growth of the diamonded boring tools production failed to regain its momentum.

Diamonded Boring Tools Exports in Southern Asia

In 2017, diamonded boring tools exports in Southern Asia stood at X units, falling by -X% against the previous year. The total exports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. The volume of exports peaked of X units in 2016, and then declined slightly in the following year.

In value terms, diamonded boring tools exports totaled $X in 2017. The total exports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the diamonded boring tools exports increased by +X% against 2015 indices. Over the period under review, the diamonded boring tools exports attained its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Diamonded Boring Tools Exports by Country in Southern Asia

India (X units) represented roughly X% of total exports of boring or broaching tools with working part of diamond in 2017.

India was also the fastest growing in terms of the boring or broaching tools with working part of diamond exports, with a CAGR of +X% from 2007 to 2017. India (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest diamonded boring tools supplier in Southern Asia.

In India, diamonded boring tools exports increased at an average annual rate of +X% over the period from 2007-2017.

Diamonded Boring Tools Export Prices by Country in Southern Asia

The diamonded boring tools export price in Southern Asia stood at $X per unit in 2017, coming up by X% against the previous year. The diamonded boring tools export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017, when it surged by X% against the previous year. In that year, the export prices for boring or broaching tools with working part of diamond attained their peak level, and is likely to continue its growth in the immediate term.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (+X% per year).

Diamonded Boring Tools Imports in Southern Asia

The imports stood at X units in 2017, falling by -X% against the previous year. The diamonded boring tools imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2013, when it surged by X% against the previous year. Over the period under review, the diamonded boring tools imports attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, diamonded boring tools imports stood at $X in 2017. The diamonded boring tools imports continue to indicate a noticeable deduction. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Diamonded Boring Tools Imports by Country in Southern Asia

India prevails in diamonded boring tools imports structure, reaching X units, which was near X% of total imports in 2017. The following importers - Pakistan (X units) and Sri Lanka (X units) together made up X% of total imports.

Imports into India decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Sri Lanka (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. While the share of India (X%) increased significantly in terms of the global imports from 2007-2017, the share of Sri Lanka (-X%) and Pakistan (-X%) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported boring or broaching tools with working part of diamond in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global imports. It was followed by Sri Lanka, with a X% share.

In India, diamonded boring tools imports contracted by an average annual rate of -X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+X% per year) and Sri Lanka (+X% per year).

Diamonded Boring Tools Import Prices by Country in Southern Asia

In 2017, the diamonded boring tools import price in Southern Asia amounted to $X per unit, rising by X% against the previous year. The diamonded boring tools import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when it surged by X% against the previous year. Over the period under review, the import prices for boring or broaching tools with working part of diamond attained its maximum level of $X per unit in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Sri Lanka ($X per unit) and Pakistan ($X per unit), while India ($X per unit) and Pakistan ($X per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Sri Lanka (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform