Southern Asia: Inductor Market 2025

Inductor Market Size in Southern Asia

The South Asian inductor market rose remarkably to $X in 2022, increasing by 8.3% against the previous year. Over the period under review, consumption posted a prominent increase. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Inductor Production in Southern Asia

In value terms, inductor production dropped slightly to $X in 2022 estimated in export price. Overall, production continues to indicate strong growth. The pace of growth was the most pronounced in 2015 when the production volume increased by 223% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Inductor Exports

Exports in Southern Asia

In 2022, inductor exports in Southern Asia contracted modestly to X units, falling by -3.2% against the year before. Over the period under review, exports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 67%. As a result, the exports reached the peak of X units, and then dropped slightly in the following year.

In value terms, inductor exports shrank to $X in 2022. Overall, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

India prevails in exports structure, finishing at X units, which was near 95% 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 +9.1% from 2012 to 2022. At the same time, Sri Lanka (+13.5%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +13.5% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest inductor supplier in Southern Asia, comprising 93% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a 5.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value in India amounted to +5.7%.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, reducing by -11% against the previous year. In general, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2015 when the export price increased by 26% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+5.0%).

Inductor Imports

Imports in Southern Asia

In 2022, the amount of inductors imported in Southern Asia expanded modestly to X units, surging by 3.2% compared with 2021. Over the period under review, imports saw a strong increase. The pace of growth appeared the most rapid in 2019 when imports increased by 68%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, inductor imports skyrocketed to $X in 2022. In general, imports saw resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 56% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

India dominates imports structure, finishing at X units, which was near 89% of total imports in 2022. It was distantly followed by Pakistan (X units), constituting a 6.2% share of total imports. Bangladesh (X units) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to inductor imports into India stood at +11.5%. At the same time, Bangladesh (+37.4%) and Pakistan (+7.1%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +37.4% from 2012-2022. Bangladesh (+2.2 p.p.) and India (+1.7 p.p.) significantly strengthened its position in terms of the total imports, while Pakistan saw its share reduced by -2.9% from 2012 to 2022, respectively.

In value terms, India ($X) constitutes the largest market for imported inductors in Southern Asia, comprising 91% of total imports. The second position in the ranking was held by Pakistan ($X), with a 5.4% share of total imports.

In India, inductor imports increased at an average annual rate of +10.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Pakistan (+5.1% per year) and Bangladesh (+24.5% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, increasing by 19% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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