Southern Asia: Totaliser Market 2024

Totaliser Market Size in Southern Asia

In 2021, the South Asian totaliser market decreased by -7.5% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption showed a significant increase. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Totaliser Production in Southern Asia

In value terms, totaliser production declined rapidly to $X in 2021 estimated in export price. Over the period under review, production faced a abrupt setback. The growth pace was the most rapid in 2018 with an increase of 849%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Totaliser Exports

Exports in Southern Asia

For the third year in a row, Southern Asia recorded growth in overseas shipments of continuous and discontinuous totalisers, which increased by 117% to X units in 2021. Over the period under review, exports showed a resilient increase. The most prominent rate of growth was recorded in 2014 when exports increased by 188% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, totaliser exports surged to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 43% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, India (X units) was the major exporter of continuous and discontinuous totalisers, making up 78% of total exports. It was distantly followed by Sri Lanka (X units), creating a 22% share of total exports.

India was also the fastest-growing in terms of the continuous and discontinuous totalisers exports, with a CAGR of +11.0% from 2012 to 2021. At the same time, Sri Lanka (+1.1%) displayed positive paces of growth. From 2012 to 2021, the share of India increased by +17 percentage points.

In value terms, India ($X) remains the largest totaliser supplier in Southern Asia, comprising 86% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with an 11% share of total exports.

In India, totaliser exports increased at an average annual rate of +7.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per unit, with a decrease of -42.1% against the previous year. Over the period under review, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in 2018 an increase of 411%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per unit), while Sri Lanka totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-3.4%).

Totaliser Imports

Imports in Southern Asia

In 2021, approx. X units of continuous and discontinuous totalisers were imported in Southern Asia; with an increase of 65% against the previous year. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2014 when imports increased by 292%. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, totaliser imports surged to $X in 2021. In general, imports recorded a resilient increase. The pace of growth was the most pronounced in 2014 when imports increased by 80% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India was the main importer of continuous and discontinuous totalisers in Southern Asia, with the volume of imports reaching X units, which was approx. 77% of total imports in 2021. It was distantly followed by Pakistan (X units), committing a 23% share of total imports.

India was also the fastest-growing in terms of the continuous and discontinuous totalisers imports, with a CAGR of +57.2% from 2012 to 2021. At the same time, Pakistan (+26.6%) displayed positive paces of growth. India (+50 p.p.) significantly strengthened its position in terms of the total imports, while Pakistan saw its share reduced by -32% from 2012 to 2021, respectively.

In value terms, India ($X) constitutes the largest market for imported continuous and discontinuous totalisers in Southern Asia, comprising 52% of total imports. The second position in the ranking was held by Pakistan ($X), with a 19% share of total imports.

In India, totaliser imports increased at an average annual rate of +5.9% over the period from 2012-2021.

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2021, dropping by -26.7% against the previous year. In general, the import price saw a dramatic descent. The most prominent rate of growth was recorded in 2018 when the import price increased by 831% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Pakistan ($X per unit), while India amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+8.9%).

Source: IndexBox Platform

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