Southern Asia: Forestry Machinery Market 2020

Forestry Machinery Market Size in Southern Asia

The revenue of the forestry machinery market in Southern Asia amounted to $X in 2017, picking up by X% against the previous year. The forestry machinery consumption continues to indicate a strong growth. The most prominent rate of growth was recorded in 2009, with an increase of X% y-o-y. Over the period under review, the forestry machinery market attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

Forestry Machinery Production in Southern Asia

In 2017, approx. X units of forestry machinery were produced in Southern Asia; lowering by -X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2015, with an increase of X% against the previous year. Over the period under review, the forestry machinery production attained its peak figure volume of X units in 2016, and then declined slightly in the following year.

Forestry Machinery Exports in Southern Asia

In 2017, the amount of forestry machinery exported in Southern Asia stood at X units, lowering by -X% against the previous year. The forestry machinery exports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2008, when exports increased by X% against the previous year. The volume of exports peaked of X units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, forestry machinery exports totaled $X in 2017. The forestry machinery exports continue to indicate a strong expansion. The level of exports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Forestry Machinery Exports by Country in Southern Asia

India represented the major exporting country with an export of about X units, which recorded X% of total exports. It was distantly followed by Bangladesh (X units), constituting X% share of total exports.

Exports from India increased at an average annual rate of +X% from 2007 to 2017. At the same time, Bangladesh (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest growing exporter in Southern Asia, with a CAGR of +X% from 2007-2017. Bangladesh (-X%) and India (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest forestry machinery supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in India amounted to +X%.

Forestry Machinery Export Prices by Country in Southern Asia

In 2017, the forestry machinery export price in Southern Asia amounted to $X per unit, remaining constant against the previous year. The forestry machinery export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2009, an increase of X% year-to-year. Over the period under review, the export prices for forestry machinery reached its peak figure level of $X per unit in 2016, leveling off in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was India ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (+X% per year).

Forestry Machinery Imports in Southern Asia

The imports amounted to X units in 2017, jumping by X% against the previous year. The forestry machinery imports continue to indicate a skyrocketing expansion. The pace of growth appeared the most rapid in 2017, when imports increased by X% y-o-y. In that year, the forestry machinery imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, forestry machinery imports totaled $X in 2017. The forestry machinery imports continue to indicate a prominent growth. Over the period under review, the forestry machinery imports attained its maximum level in 2017, and are likely to see steady growth in the immediate term.

Forestry Machinery Imports by Country in Southern Asia

The countries with the highest levels of forestry machinery imports in 2017 were Bangladesh (X units), Sri Lanka (X units) and Nepal (X units), together recording X% of total import. It was distantly followed by India (X units), mixed up X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nepal (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest forestry machinery markets worldwide were Bangladesh ($X), India ($X) and Nepal ($X), together accounting for X% of total imports.

In terms of the main importing countries , Nepal (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Forestry Machinery Import Prices by Country in Southern Asia

The forestry machinery import price in Southern Asia stood at $X per unit in 2017, dropping by -X% against the previous year. The forestry machinery import price continues to indicate a drastic decline. The pace of growth was the most pronounced in 2011, an increase of X% y-o-y. In that year, the import prices for forestry machinery reached their peak level of $X thousand per unit. From 2012 to 2017, growth of the import prices for forestry machinery stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was India ($X thousand per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Bangladesh (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform