Southern Asia: Axial Piston Market 2020

Axial Piston Market Size in Southern Asia

The revenue of the axial piston market in Southern Asia amounted to $X in 2017, increasing by X% against the previous year. The axial piston consumption continues to indicate a significant slump. The most prominent rate of growth was recorded in 2017, when market value increased by X% against the previous year. Over the period under review, the axial piston market attained its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Axial Piston Production in Southern Asia

The axial piston production totaled X units in 2017, coming up 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 over the period under review. The most prominent rate of growth was recorded in 2009, when it surged by X% y-o-y. The volume of axial piston production peaked in 2017, and is expected to retain its growth in the near future.

Axial Piston Exports in Southern Asia

In 2017, the amount of hydraulic pumps (axial piston) exported in Southern Asia stood at X units, dropping by -X% against the previous year. The axial piston exports continue to indicate a prominent growth. The most prominent rate of growth was recorded in 2011, when exports increased by X% against the previous year. The volume of exports peaked of X units in 2016, and then declined slightly in the following year.

In value terms, axial piston exports totaled $X in 2017. The total exports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the axial piston exports increased by +X% against 2014 indices. Over the period under review, the axial piston exports reached its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Axial Piston Exports by Country in Southern Asia

In 2017, India (X units) represented the key exporters of hydraulic pumps (axial piston) in Southern Asia, creating X% of total export.

India was also the fastest growing in terms of the hydraulic pumps (axial piston) exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of India decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In India, axial piston exports increased at an average annual rate of +X% over the period from 2007-2017.

Axial Piston Export Prices by Country in Southern Asia

The axial piston export price in Southern Asia stood at $X per unit in 2017, increasing by X% against the previous year. The axial piston export price continues to indicate an abrupt descent. The pace of growth was the most pronounced in 2017, when it surged by X% year-to-year. Over the period under review, the export prices for hydraulic pumps (axial piston) attained its peak figure level of $X per unit in 2008; however, from 2009 to 2017, it failed to regain its momentum.

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

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

Axial Piston Imports in Southern Asia

In 2017, imports of hydraulic pumps (axial piston) in Southern Asia totaled X units, rising by X% against the previous year. The axial piston imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. Over the period under review, the axial piston imports reached its maximum volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, axial piston imports stood at $X in 2017. The total imports indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the axial piston imports increased by +X% against 2013 indices. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Axial Piston Imports by Country in Southern Asia

India represented the key importing country with an import of about X units, which reached X% of total imports. It was distantly followed by Sri Lanka (X units), Maldives (X units) and Nepal (X units), together making up X% share of total imports. Bangladesh (X units) took the weak share of total imports.

Imports into India increased at an average annual rate of +X% from 2007 to 2017. At the same time, Bangladesh (+X%), Nepal (+X%), Maldives (+X%) and Sri Lanka (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Bangladesh, Maldives, Nepal, Sri Lanka and India decreased by -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported hydraulic pumps (axial piston) in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of global imports. It was followed by Sri Lanka, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in India totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+X% per year) and Sri Lanka (+X% per year).

Axial Piston Import Prices by Country in Southern Asia

The axial piston import price in Southern Asia stood at $X per unit in 2017, declining by -X% against the previous year. The axial piston import price continues to indicate an abrupt slump. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. In that year, the import prices for hydraulic pumps (axial piston) attained their peak level of $X per unit. From 2009 to 2017, growth of the import prices for hydraulic pumps (axial piston) stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Bangladesh ($X per unit), while Sri Lanka ($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 Sri Lanka (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform