Southern Asia: Cardan Shaft Market 2020

Cardan Shaft Market Size in Southern Asia

The revenue of the cardan shaft market in Southern Asia amounted to $X in 2017, rising by X% against the previous year. The cardan shaft consumption continues to indicate a remarkable growth. The pace of growth appeared the most rapid in 2017, with an increase of X% y-o-y. The level of cardan shaft consumption peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Cardan Shaft Production in Southern Asia

In 2017, production of cardan shafts in Southern Asia amounted to X units, declining by -X% against the previous year. The cardan shaft production continues to indicate a deep downturn. The pace of growth was the most pronounced in 2013, when it surged by X% y-o-y. In that year, the cardan shaft production reached their peak volume of X units. From 2014 to 2017, growth of the cardan shaft production stood at a somewhat lower level.

Cardan Shaft Exports in Southern Asia

In 2017, the amount of cardan shafts exported in Southern Asia totaled X units, declining by -X% against the previous year. The cardan shaft exports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2013, with an increase of X% y-o-y. The volume of exports peaked of X units in 2016, and then declined slightly in the following year.

In value terms, cardan shaft exports amounted to $X in 2017. The cardan shaft exports continue to indicate a strong expansion. Over the period under review, the cardan shaft exports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Cardan Shaft Exports by Country in Southern Asia

The exports of the one major exporters of cardan shafts, namely India, represented more than two-thirds of total export.

India was also the fastest growing in terms of the cardan shafts exports, with a CAGR of +X% from 2007 to 2017. While the share of India (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest cardan shaft supplier in Southern Asia.

In India, cardan shaft exports expanded at an average annual rate of +X% over the period from 2007-2017.

Cardan Shaft Export Prices by Country in Southern Asia

In 2017, the cardan shaft export price in Southern Asia amounted to $X per unit, going up by X% against the previous year. The cardan shaft export price continues to indicate a modest increase. The most prominent rate of growth was recorded in 2011, when the export prices increased by X% y-o-y. The level of export price peaked of $X per unit in 2012; however, from 2013 to 2017, it failed to regain its momentum.

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).

Cardan Shaft Imports in Southern Asia

In 2017, imports of cardan shafts in Southern Asia stood at X units, jumping by X% against the previous year. The cardan shaft imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. In that year, the cardan shaft imports attained their peak volume of X units. From 2012 to 2017, growth of the cardan shaft imports failed to regain its momentum.

In value terms, cardan shaft imports totaled $X in 2017. The total imports indicated a prominent increase 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 cardan shaft imports increased by +X% against 2013 indices. Over the period under review, the cardan shaft imports reached its maximum level in 2017, and are expected to retain its growth in the near future.

Cardan Shaft Imports by Country in Southern Asia

India prevails in cardan shaft imports structure, amounting to X units, which was near X% of total imports in 2017. It was distantly followed by Pakistan (X units), achieving X% share of total imports. The following importers - Bangladesh (X units) and Sri Lanka (X units) each recorded a X% share of total imports.

India experienced a relatively flat trend pattern of cardan shafts imports. At the same time, Bangladesh (+X%) and Sri Lanka (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. By contrast, Pakistan (-X%) illustrated a downward trend over the same period. India (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported cardan shafts in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global imports. It was followed by Bangladesh, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in India totaled +X%. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and Bangladesh (+X% per year).

Cardan Shaft Import Prices by Country in Southern Asia

The cardan shaft import price in Southern Asia stood at $X per unit in 2017, going up by X% against the previous year. The import price indicated a strong expansion from 2007 to 2017: its price 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 cardan shaft import price increased by +X% against 2015 indices. The growth pace was the most rapid in 2013, when the import prices increased by X% against the previous year. Over the period under review, the import prices for cardan shafts attained its peak figure level in 2017, and is expected to retain its growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was Pakistan ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform