Southern Asia: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Southern Asia

The South Asian chain scoops and sliders market dropped to $X in 2022, with a decrease of -8.9% against the previous year. In general, consumption, however, saw a resilient increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Southern Asia

In value terms, chain scoops and sliders production declined to $X in 2022 estimated in export price. In general, production, however, saw strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 57%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports in Southern Asia

In 2022, after three years of decline, there was significant growth in shipments abroad of chain scoops, sliders, runners, end pieces and narrow strips, when their volume increased by 30% to X tons. Overall, exports, however, saw a pronounced decrease. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, chain scoops and sliders exports surged to $X in 2022. In general, exports, however, continue to indicate a noticeable contraction. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from India (X tons), together amounting to 99% of total export.

India was also the fastest-growing in terms of the chain scoops, sliders, runners, end pieces and narrow strips exports, with a CAGR of -3.0% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest chain scoops and sliders supplier in Southern Asia.

In India, chain scoops and sliders exports decreased by an average annual rate of -3.6% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, with an increase of 6.8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by 18% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 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 -0.6% per year.

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports in Southern Asia

In 2022, approx. X tons of chain scoops, sliders, runners, end pieces and narrow strips were imported in Southern Asia; waning by -11.9% against 2021. Over the period under review, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2021 when imports increased by 93% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, chain scoops and sliders imports fell dramatically to $X in 2022. In general, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year. As a result, imports reached the peak of $X, and then dropped markedly in the following year.

Imports by Country

Bangladesh was the major importer of chain scoops, sliders, runners, end pieces and narrow strips in Southern Asia, with the volume of imports reaching X tons, which was near 57% of total imports in 2022. It was distantly followed by India (X tons) and Pakistan (X tons), together making up a 40% share of total imports. Sri Lanka (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bangladesh (with a CAGR of +13.5%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Bangladesh ($X) constitutes the largest market for imported chain scoops, sliders, runners, end pieces and narrow strips in Southern Asia, comprising 64% of total imports. The second position in the ranking was taken by India ($X), with a 23% share of total imports. It was followed by Pakistan, with a 7.3% share.

In Bangladesh, chain scoops and sliders imports expanded at an average annual rate of +10.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+5.9% per year) and Pakistan (-1.1% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, declining by -7.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 26%. Over the period under review, import prices attained the peak figure at $X per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+6.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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