Southern Asia - Electromagnets and Electromagnetic Lifting Heads - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouthern 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) :
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:
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. 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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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