Southern Asia: Injection-Moulding Machine Market 2024

Injection-Moulding Machine Market Size in Southern Asia

The South Asian injection-moulding machine market was estimated at $X in 2022, rising by 5.7% against the previous year. Over the period under review, consumption, however, showed a buoyant expansion. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Injection-Moulding Machine Production in Southern Asia

In value terms, injection-moulding machine production rose remarkably to $X in 2022 estimated in export price. In general, production showed a buoyant increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 43% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Injection-Moulding Machine Exports

Exports in Southern Asia

Injection-moulding machine exports reduced remarkably to X units in 2022, dropping by -19.5% compared with the previous year's figure. Over the period under review, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 88%. Over the period under review, the exports hit record highs at X units in 2021, and then shrank markedly in the following year.

In value terms, injection-moulding machine exports dropped to $X in 2022. Total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 75% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced modestly in the following year.

Exports by Country

India dominates exports structure, recording X units, which was approx. 94% of total exports in 2022. It was distantly followed by Pakistan (X units), generating a 5.4% share of total exports.

India was also the fastest-growing in terms of the injection-moulding machines for working rubber or plastics exports, with a CAGR of +10.2% from 2012 to 2022. At the same time, Pakistan (+9.6%) displayed positive paces of growth. India (+3.4 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest injection-moulding machine supplier in Southern Asia, comprising 98% of total exports. The second position in the ranking was held by Pakistan ($X), with a 1.8% share of total exports.

In India, injection-moulding machine exports expanded at an average annual rate of +5.7% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, growing by 24% against the previous year. In general, the export price, however, recorded a pronounced descent. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per unit), while Pakistan stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+6.5%).

Injection-Moulding Machine Imports

Imports in Southern Asia

In 2022, injection-moulding machine imports in Southern Asia fell rapidly to X units, declining by -37% on 2021. Over the period under review, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, injection-moulding machine imports declined to $X in 2022. Total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 64%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X units) and Pakistan (X units) prevails in imports structure, together comprising 87% of total imports. It was distantly followed by Bangladesh (X units), comprising a 9.3% share of total imports. Sri Lanka (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of +8.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported injection-moulding machines for working rubber or plastics in Southern Asia, comprising 73% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 14% share of total imports. It was followed by Pakistan, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India totaled +1.3%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+8.8% per year) and Pakistan (-0.7% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, rising by 44% against the previous year. In general, the import price, however, recorded a noticeable decline. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($X per unit), while Pakistan ($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 (+0.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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