Southern Asia: Diode Market 2024

Diode Market Size in Southern Asia

The South Asian diode market expanded sharply to $X in 2021, picking up by 10% against the previous year. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2021 and is likely to continue growth in the near future.

Diode Production in Southern Asia

In value terms, diode production expanded modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 18% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Diode Exports

Exports in Southern Asia

In 2021, shipments abroad of diodes, other than photosensitive or light emitting diodes was finally on the rise to reach X units after two years of decline. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 174%. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, diode exports soared to $X in 2021. Over the period under review, exports recorded a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

India was the main exporter of diodes, other than photosensitive or light emitting diodes in Southern Asia, with the volume of exports reaching X units, which was approx. 60% of total exports in 2021. It was distantly followed by Sri Lanka (X units), committing a 37% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Sri Lanka (with a CAGR of +82.9%).

In value terms, India ($X) remains the largest diode supplier in Southern Asia, comprising 98% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a 1.6% share of total exports.

In India, diode exports increased at an average annual rate of +13.4% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2021, flattening at the previous year. Over the period under review, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 when the export price increased by 150%. The level of export peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, 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 (+9.2%).

Diode Imports

Imports in Southern Asia

Diode imports expanded rapidly to X units in 2021, with an increase of 13% compared with the previous year's figure. Overall, imports, however, recorded a slight decrease. The pace of growth appeared the most rapid in 2017 with an increase of 26% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, diode imports skyrocketed to $X in 2021. Total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

India prevails in imports structure, reaching X units, which was near 97% of total imports in 2021. Bangladesh (X units) took a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to diode imports into India stood at -1.6%. At the same time, Bangladesh (+25.0%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +25.0% from 2012-2021. While the share of Bangladesh (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of India (-1.9 p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported diodes, other than photosensitive or light emitting diodes in Southern Asia, comprising 97% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 0.9% share of total imports.

In India, diode imports expanded at an average annual rate of +6.4% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per unit, jumping by 24% against the previous year. Import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +8.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, diode import price increased by +50.3% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was India ($X per unit), while Bangladesh stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+8.2%).

Source: IndexBox Platform

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