Southern Asia: Electrical Strip Market 2020

Electrical Strip Market Size in Southern Asia

The revenue of the electrical strip market in Southern Asia amounted to $X in 2017, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The electrical strip consumption continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2011, when market value increased by X% year-to-year. Over the period under review, the electrical strip market reached its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Electrical Strip Exports in Southern Asia

The exports totaled X tons in 2017, picking up by X% against the previous year. The electrical strip exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2013, with an increase of X% against the previous year. Over the period under review, the electrical strip exports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, electrical strip exports stood at $X in 2017. The electrical strip exports continue to indicate a prominent growth. Over the period under review, the electrical strip exports reached its maximum level in 2017, and are expected to retain its growth in the near future.

Electrical Strip Exports by Country in Southern Asia

India prevails in electrical strip exports structure, reaching X tons, which was approx. X% of total exports in 2017. Bangladesh (X tons) occupied the weak share of total exports.

India was also the fastest growing in terms of the electrical sheet and strip exports, with a CAGR of +X% from 2007 to 2017. Bangladesh (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of India decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest electrical strip supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of global exports.

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

Electrical Strip Export Prices by Country in Southern Asia

In 2017, the electrical strip export price in Southern Asia amounted to $X per ton, going up by X% against the previous year. The electrical strip export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. In that year, the export prices for electrical sheet and strip reached their peak level of $X per ton. From 2009 to 2017, growth of the export prices for electrical sheet and strip stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Bangladesh ($X per ton) and India ($X per ton), while India ($X per ton) and Bangladesh ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Bangladesh (+X% per year).

Electrical Strip Imports in Southern Asia

In 2017, the amount of electrical sheet and strip imported in Southern Asia amounted to X tons, going down by -X% against the previous year. The electrical strip imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. Over the period under review, the electrical strip imports attained its peak figure volume of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, electrical strip imports totaled $X in 2017. The total imports indicated a remarkable 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 electrical strip imports decreased by -X% against 2014 indices. In that year, the electrical strip imports attained their peak level of $X. From 2012 to 2017, growth of the electrical strip imports failed to regain its momentum.

Electrical Strip Imports by Country in Southern Asia

In 2017, India (X tons) represented the key importer for electrical sheet and strip, creating X% of total imports. Pakistan (X tons) took the second position in the ranking, distantly followed by Bangladesh (X tons). All these countries together occupied near X% share of total imports. Nepal (X tons) followed a long way behind the leaders.

Imports into India increased at an average annual rate of +X% from 2007 to 2017. At the same time, Pakistan (+X%), Bangladesh (+X%) and Nepal (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. Bangladesh (-X%), Pakistan (-X%) and 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 ($X) constitutes the largest market for imported electrical sheet and strip in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Pakistan ($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 amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+X% per year) and Bangladesh (+X% per year).

Electrical Strip Import Prices by Country in Southern Asia

The electrical strip import price in Southern Asia stood at $X per ton in 2017, growing by X% against the previous year. The electrical strip import price continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2017, when the import prices increased by X% year-to-year. Over the period under review, the import prices for electrical sheet and strip attained its peak figure level of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

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

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

Source: IndexBox Platform