Southern Asia: Electric Racing Set Market 2020

Electric Racing Set Market Size in Southern Asia

The revenue of the electric racing set market in Southern Asia amounted to $X in 2017, reducing by -X% against the previous year. The electric racing set consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when market value increased by X% y-o-y. Over the period under review, the electric racing set market reached its maximum level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Electric Racing Set Production in Southern Asia

The electric racing set production totaled X units in 2017, picking up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2009, with an increase of X% against the previous year. The volume of electric racing set production peaked of X units in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Electric Racing Set Exports in Southern Asia

The exports amounted to X units in 2017, picking up by X% against the previous year. The electric racing set exports continue to indicate an outstanding increase. The growth pace was the most rapid in 2013, when it surged by X% against the previous year. Over the period under review, the electric racing set exports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, electric racing set exports totaled $X in 2017. The electric racing set exports continue to indicate a prominent growth. Over the period under review, the electric racing set exports attained its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Electric Racing Set Exports by Country in Southern Asia

India dominates electric racing set exports structure, accounting for X units, which was approx. X% of total exports in 2017. It was distantly followed by Sri Lanka (X units), mixed up X% share of total exports. Pakistan (X units) followed a long way behind the leaders.

India was also the fastest growing in terms of the electric car racing sets exports, with a CAGR of +X% from 2007 to 2017. At the same time, Pakistan (+X%) and Sri Lanka (+X%) displayed positive paces of growth. While the share of Pakistan (-X%), Sri Lanka (-X%) and India (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest electric racing set supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of global exports. It was followed by Pakistan, with a X% share.

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

Electric Racing Set Export Prices by Country in Southern Asia

In 2017, the electric racing set export price in Southern Asia amounted to $X per unit, falling by -X% against the previous year. The electric racing set export price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2010, when the export prices increased by X% y-o-y. The level of export price peaked of $X per unit in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Sri Lanka ($X per unit) and Pakistan ($X per unit), while India ($X per unit) and Pakistan ($X per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Sri Lanka (+X% per year), while the other leaders experienced a decline in the export price figures.

Electric Racing Set Imports in Southern Asia

The imports totaled X units in 2017, rising by X% against the previous year. The electric racing set imports continue to indicate a remarkable growth. The pace of growth was the most pronounced in 2012, when imports increased by X% against the previous year. Over the period under review, the electric racing set imports reached its maximum volume in 2017, and are likely to see steady growth in the near future.

In value terms, electric racing set imports amounted to $X in 2017. The electric racing set imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Electric Racing Set Imports by Country in Southern Asia

India prevails in electric racing set imports structure, amounting to X units, which was approx. X% of total imports in 2017. It was distantly followed by Pakistan (X units), achieving X% share of total imports. Nepal (X units) and Sri Lanka (X units) followed a long way behind the leaders.

India was also the fastest growing in terms of the electric car racing sets imports, with a CAGR of +X% from 2007 to 2017. At the same time, Nepal (+X%), Sri Lanka (+X%) and Pakistan (+X%) displayed positive paces of growth. From 2007 to 2017, the share of Pakistan, Sri Lanka, Nepal and India decreased by -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In India, electric racing set imports remained relatively stable over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Nepal (+X% per year) and Pakistan (-X% per year).

Electric Racing Set Import Prices by Country in Southern Asia

The electric racing set import price in Southern Asia stood at $X per thousand units in 2017, going down by -X% against the previous year. The electric racing set import price continues to indicate an abrupt shrinkage. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. Over the period under review, the import prices for electric car racing sets attained its peak figure level of $X per unit in 2009; however, from 2010 to 2017, it failed to regain its momentum.

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

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Sri Lanka (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform