Report Update Nov 1, 2024

Southern Asia - Broaching Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Metal Broaching Machine Market 2024

Metal Broaching Machine Market Size in Southern Asia

After two years of growth, the South Asian metal broaching machine market decreased by -1.3% to $X in 2021. Overall, consumption, however, continues to indicate a buoyant increase. Over the period under review, the market attained the maximum level at $X in 2020, and then declined slightly in the following year.

Metal Broaching Machine Production in Southern Asia

In value terms, metal broaching machine production fell dramatically to $X in 2021 estimated in export price. Overall, production, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 658%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Metal Broaching Machine Exports

Exports in Southern Asia

Metal broaching machine exports skyrocketed to X units in 2021, growing by 422% compared with the previous year. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 860%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, metal broaching machine exports soared to $X in 2021. In general, exports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2013 when exports increased by 206% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

India (X units) represented roughly 99.9% of total exports in 2021.

India was also the fastest-growing in terms of the broaching machines for working metal exports, with a CAGR of +24.0% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

In India, metal broaching machine exports plunged by an average annual rate of -13.1% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per unit, waning by -44.8% against the previous year. In general, the export price saw a sharp setback. The growth pace was the most rapid in 2017 an increase of 925%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -29.9% per year.

Metal Broaching Machine Imports

Imports in Southern Asia

In 2021, the amount of broaching machines for working metal imported in Southern Asia surged to X units, picking up by 145% compared with the year before. Overall, imports posted a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of 187%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, metal broaching machine imports contracted markedly to $X in 2021. Over the period under review, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 103%. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

India prevails in imports structure, accounting for X units, which was near 91% of total imports in 2021. It was distantly followed by Pakistan (X units), creating a 6.8% share of total imports.

India was also the fastest-growing in terms of the broaching machines for working metal imports, with a CAGR of +29.8% from 2012 to 2021. At the same time, Pakistan (+9.0%) displayed positive paces of growth. While the share of India (+48 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Pakistan (-8.7 p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported broaching machines for working metal in Southern Asia, comprising 87% of total imports. The second position in the ranking was held by Pakistan ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual growth rate of value in India totaled -10.0%.

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2021, falling by -74.2% against the previous year. Overall, the import price continues to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2018 when the import price increased by 200%. Over the period under review, import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Pakistan ($X per unit), while India stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+1.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for broaching machines for working metal in Southern Asia?

The country with the largest volume of metal broaching machine consumption was India, accounting for 67% of total volume. Moreover, metal broaching machine consumption in India exceeded the figures recorded by the second-largest consumer, Pakistan, fourfold.

What are the largest producers of broaching machines for working metal in Southern Asia?

The country with the largest volume of metal broaching machine production was Sri Lanka, accounting for 100% of total volume.

What are the leading importers of broaching machines for working metal in Southern Asia?

In value terms, India constitutes the largest market for imported broaching machines for working metal in Southern Asia, comprising 86% of total imports. The second position in the ranking was occupied by Pakistan, with a 13% share of total imports.

What is the average export price for broaching machines for working metal in Southern Asia?

In 2021, the e in Southern Asia amounted to $793 per unit, picking up by 70% against the previous year.

What is the average import price for broaching machines for working metal in Southern Asia?

The import price in Southern Asia stood at $5,326 per unit in 2021, dropping by -49.2% against the previous year.

This report provides an in-depth analysis of the metal broaching machine 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 28412410 - Broaching machines for working metal

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
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. 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. 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
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
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