Southern Asia: Extruded Rod Market 2022

Extruded Rod Market Size in Southern Asia

The South Asian extruded rod market expanded markedly to $X in 2021, with an increase of X% against the previous year. Overall, consumption, however, continues to indicate a pronounced downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Extruded Rod Production in Southern Asia

In value terms, extruded rod production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt slump. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Extruded Rod Exports

Exports in Southern Asia

Extruded rod exports soared to X tons in 2021, rising by X% against the previous year's figure. In general, exports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, extruded rod exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, India (X tons) represented the largest exporter of extruded rods and profile shapes of cellular vulcanised rubber in Southern Asia, creating X% of total export.

India was also the fastest-growing in terms of the extruded rods and profile shapes of cellular vulcanised rubber exports, with a CAGR of +X% from 2012 to 2021. India (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest extruded rod supplier in Southern Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in India amounted to -X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, reducing by -X% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2018 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -X% per year.

Extruded Rod Imports

Imports in Southern Asia

In 2021, overseas purchases of extruded rods and profile shapes of cellular vulcanised rubber were finally on the rise to reach X tons after three years of decline. In general, imports showed a temperate expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, extruded rod imports surged to $X in 2021. Total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

India was the main importer of extruded rods and profile shapes of cellular vulcanised rubber in Southern Asia, with the volume of imports resulting at X tons, which was near X% of total imports in 2021. Sri Lanka (X tons) ranks second in terms of the total imports with a X% share, followed by Nepal (X%). Pakistan (X tons), Bangladesh (X tons) and Afghanistan (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to extruded rod imports into India stood at +X%. At the same time, Afghanistan (+X%), Sri Lanka (+X%), Nepal (+X%) and Bangladesh (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +X% from 2012-2021. Pakistan experienced a relatively flat trend pattern. Sri Lanka (+X p.p.), Nepal (+X p.p.) and Afghanistan (+X p.p.) significantly strengthened its position in terms of the total imports, while India saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported extruded rods and profile shapes of cellular vulcanised rubber in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

In India, extruded rod imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Sri Lanka (+X% per year) and Pakistan (+X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, remaining constant 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 2020 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Afghanistan ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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