Southern Asia: Lcds And Plasmas Market 2024

Lcds And Plasmas Market Size in Southern Asia

In 2022, the South Asian LCDs and plasmas market was finally on the rise to reach $X after three years of decline. The total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -34.3% against 2018 indices. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Lcds And Plasmas Production in Southern Asia

In value terms, LCDs and plasmas production dropped to $X in 2022 estimated in export price. In general, production, however, enjoyed a temperate expansion. The growth pace was the most rapid in 2013 with an increase of 142% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Lcds And Plasmas Exports

Exports in Southern Asia

In 2022, overseas shipments of flat panel video monitor, lcd or plasma increased by 0.8% to X units, rising for the third year in a row after three years of decline. Overall, exports enjoyed a notable expansion. The most prominent rate of growth was recorded in 2015 with an increase of 190%. Over the period under review, the exports reached the maximum at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, LCDs and plasmas exports declined modestly to $X in 2022. In general, exports posted a buoyant increase. The growth pace was the most rapid in 2015 with an increase of 162% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India dominates exports structure, resulting at X units, which was approx. 98% of total exports in 2022. Sri Lanka (X units) followed a long way behind the leaders.

Exports from India increased at an average annual rate of +5.0% from 2012 to 2022. At the same time, Sri Lanka (+15.6%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +15.6% from 2012-2022. While the share of India (+21 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest LCDs and plasmas supplier in Southern Asia, comprising 98% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a 1.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value in India totaled +11.7%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, with a decrease of -1.6% against the previous year. In general, the export price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 when the export price increased by 193%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per unit), while Sri Lanka stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.4%).

Lcds And Plasmas Imports

Imports in Southern Asia

LCDs and plasmas imports soared to X units in 2022, jumping by 81% against 2021 figures. In general, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 91% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, LCDs and plasmas imports skyrocketed to $X in 2022. Overall, imports saw resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by 61%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

India dominates imports structure, amounting to X units, which was near 87% of total imports in 2022. It was distantly followed by Pakistan (X units), creating a 5.7% share of total imports. The following importers - Bangladesh (X units) and Sri Lanka (X units) - together made up 5.7% of total imports.

Imports into India increased at an average annual rate of +16.6% from 2012 to 2022. At the same time, Pakistan (+21.7%) and Bangladesh (+19.8%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +21.7% from 2012-2022. By contrast, Sri Lanka (-4.1%) illustrated a downward trend over the same period. While the share of India (+7.6 p.p.) and Pakistan (+2.3 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sri Lanka (-8.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported flat panel video monitor, lcd or plasma in Southern Asia, comprising 93% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 3.9% share of total imports. It was followed by Pakistan, with a 1.5% share.

In India, LCDs and plasmas imports expanded at an average annual rate of +16.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bangladesh (+35.3% per year) and Pakistan (+18.0% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, reducing by -18.9% against the previous year. Over the period under review, the import price recorded a slight setback. The pace of growth appeared the most rapid in 2018 an increase of 38% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2021, and then reduced rapidly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+12.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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