Report Southern Asia - Electromagnets and Electromagnetic Lifting Heads - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Southern Asia - Electromagnets and Electromagnetic Lifting Heads - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Electromagnetic Lifting Head Market 2024

Electromagnetic Lifting Head Market Size in Southern Asia

The South Asian electromagnetic lifting head market stood at $X in 2022, approximately mirroring the previous year. Overall, consumption recorded a strong increase. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Electromagnetic Lifting Head Production in Southern Asia

In value terms, electromagnetic lifting head production stood at $X in 2022 estimated in export price. In general, production, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2016 with an increase of 27%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Electromagnetic Lifting Head Exports

Exports in Southern Asia

In 2022, the amount of electromagnets and electromagnetic lifting heads exported in Southern Asia totaled X tons, picking up by 1.7% on 2021 figures. Over the period under review, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 83% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, electromagnetic lifting head exports expanded markedly to $X in 2022. Overall, exports showed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 81%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

India (X tons) represented roughly 99% of total exports in 2022.

India was also the fastest-growing in terms of the electromagnets and electromagnetic lifting heads exports, with a CAGR of +5.1% 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 electromagnetic lifting head supplier in Southern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in India totaled +7.4%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, picking up by 3.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2015 an increase of 19%. Over the period under review, the export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

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 +2.1% per year.

Electromagnetic Lifting Head Imports

Imports in Southern Asia

In 2022, overseas purchases of electromagnets and electromagnetic lifting heads increased by 17% to X tons, rising for the second year in a row after two years of decline. Overall, imports posted a prominent increase. The pace of growth appeared the most rapid in 2018 when imports increased by 49% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, electromagnetic lifting head imports stood at $X in 2022. In general, imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 87% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

India dominates imports structure, recording X tons, which was approx. 96% of total imports in 2022. Bangladesh (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the electromagnets and electromagnetic lifting heads imports, with a CAGR of +10.7% from 2012 to 2022. At the same time, Bangladesh (+6.3%) displayed positive paces of growth. While the share of India (+2 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported electromagnets and electromagnetic lifting heads in Southern Asia, comprising 96% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 1.9% share of total imports.

In India, electromagnetic lifting head imports increased at an average annual rate of +10.1% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, which is down by -5.7% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 38% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while Bangladesh amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+2.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

India constituted the country with the largest volume of electromagnetic lifting head consumption, comprising approx. 91% of total volume. Moreover, electromagnetic lifting head consumption in India exceeded the figures recorded by the second-largest consumer, Afghanistan, more than tenfold.
India constituted the country with the largest volume of electromagnetic lifting head production, accounting for 92% of total volume. Moreover, electromagnetic lifting head production in India exceeded the figures recorded by the second-largest producer, Afghanistan, more than tenfold.
In value terms, India remains the largest electromagnetic lifting head supplier in Southern Asia.
In value terms, India constitutes the largest market for imported electromagnets and electromagnetic lifting heads in Southern Asia, comprising 92% of total imports. The second position in the ranking was occupied by Bangladesh, with a 4.2% share of total imports.
In 2021, the export price in Southern Asia amounted to $10,337 per ton, with an increase of 6.3% against the previous year.
The import price in Southern Asia stood at $18,920 per ton in 2021, with an increase of 102% against the previous year.

This report provides an in-depth analysis of the electromagnetic lifting head market in Southern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27904060 - Electromagnets and electromagnetic lifting heads, and their parts (excluding magnets for medical use), electromagnetic or permanent magnet chucks, clamps and similar holding devices and their parts, n.e.c.
  • Prodcom 27904560 -

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Southern Asia, split by region and country
  • Trade (exports and imports) in Southern Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Bangladesh
    • Bhutan
    • India
    • Maldives
    • Nepal
    • Pakistan
    • Sri Lanka
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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