Southern Asia: Plastic Extruder Market 2025

Plastic Extruder Market Size in Southern Asia

In 2021, after three years of decline, there was growth in the South Asian plastic extruder market, when its value increased by 2.4% to $X. In general, consumption, however, saw a deep slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Plastic Extruder Production in Southern Asia

In value terms, plastic extruder production rose sharply to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of 20% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Plastic Extruder Exports

Exports in Southern Asia

In 2021, overseas shipments of extruders for working rubber or plastics increased by 89% to X units, rising for the fifth consecutive year after two years of decline. Overall, exports posted a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic extruder exports skyrocketed to $X in 2021. Total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +10.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 80% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

India dominates exports structure, accounting for X units, which was approx. 98% of total exports in 2021. Pakistan (X units) followed a long way behind the leaders.

India was also the fastest-growing in terms of the extruders for working rubber or plastics exports, with a CAGR of +15.9% from 2012 to 2021. Pakistan (-6.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of India increased by +8.1 percentage points.

In value terms, India ($X) remains the largest plastic extruder supplier in Southern Asia, comprising 99% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 0.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled +10.7%.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2021, dropping by -37.2% against the previous year. Over the period under review, the export price continues to indicate a perceptible reduction. The growth pace was the most rapid in 2016 when the export price increased by 47% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was India ($X per unit), while Pakistan stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+3.6%).

Plastic Extruder Imports

Imports in Southern Asia

In 2021, purchases abroad of extruders for working rubber or plastics was finally on the rise to reach X units after two years of decline. Overall, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic extruder imports skyrocketed to $X in 2021. In general, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2015 when imports increased by 93%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

In 2021, India (X units) represented the key importer of extruders for working rubber or plastics, making up 57% of total imports. Pakistan (X units) took the second position in the ranking, distantly followed by Nepal (X units), Bangladesh (X units) and Sri Lanka (X units). All these countries together held approx. 42% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to plastic extruder imports into India stood at +11.8%. At the same time, Nepal (+33.6%), Pakistan (+21.9%) and Sri Lanka (+13.6%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +33.6% from 2012-2021. By contrast, Bangladesh (-1.5%) illustrated a downward trend over the same period. Pakistan (+11 p.p.) and Nepal (+8.6 p.p.) significantly strengthened its position in terms of the total imports, while India and Bangladesh saw its share reduced by -6.7% and -11.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported extruders for working rubber or plastics in Southern Asia, comprising 75% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 9.6% share of total imports. It was followed by Pakistan, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in India amounted to +3.2%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+12.3% per year) and Pakistan (+12.2% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2021, with a decrease of -23.5% against the previous year. Over the period under review, the import price recorded a deep slump. The pace of growth appeared the most rapid in 2019 when the import price increased by 55%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Bangladesh ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nepal (+15.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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