Southern Asia: Motorised Invalid Carriage Market 2025

Motorised Invalid Carriage Market Size in Southern Asia

The South Asian motorised invalid carriage market rose rapidly to $X in 2021, picking up by 7.9% against the previous year. In general, consumption saw a modest increase. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Motorised Invalid Carriage Production in Southern Asia

In value terms, motorised invalid carriage production reached $X in 2021 estimated in export price. Over the period under review, production, however, recorded a noticeable decrease. The growth pace was the most rapid in 2017 with an increase of 19% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Motorised Invalid Carriage Exports

Exports in Southern Asia

After two years of growth, overseas shipments of invalid carriages motorised or mechanically propelled decreased by -44.3% to X units in 2021. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2013 with an increase of 1,657%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, motorised invalid carriage exports plummeted to $X in 2021. Over the period under review, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2013 with an increase of 355%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from India (X units), together accounting for 99% of total export.

India was also the fastest-growing in terms of the invalid carriages motorised or mechanically propelled exports, with a CAGR of +20.1% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest motorised invalid carriage supplier in Southern Asia.

In India, motorised invalid carriage exports expanded at an average annual rate of +8.7% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per unit, with a decrease of -32.9% against the previous year. Over the period under review, the export price faced a deep downturn. The most prominent rate of growth was recorded in 2015 an increase of 134%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -9.4% per year.

Motorised Invalid Carriage Imports

Imports in Southern Asia

In 2021, the amount of invalid carriages motorised or mechanically propelled imported in Southern Asia soared to X units, increasing by 30% against 2020. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -12.7% against 2019 indices. The growth pace was the most rapid in 2015 with an increase of 38%. The volume of import peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, motorised invalid carriage imports rose markedly to $X in 2021. The total import value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by 35% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

India dominates imports structure, recording X units, which was approx. 97% of total imports in 2021. Pakistan (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to motorised invalid carriage imports into India stood at +5.3%. At the same time, Pakistan (+5.9%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +5.9% from 2012-2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported invalid carriages motorised or mechanically propelled in Southern Asia, comprising 78% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 2.9% share of total imports.

From 2012 to 2021, the average annual growth rate of value in India amounted to +2.6%.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per unit, which is down by -14.3% against the previous year. Overall, the import price showed a mild downturn. The pace of growth appeared the most rapid in 2020 when the import price increased by 12%. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Pakistan ($X per unit), while India amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-2.5%).

Source: IndexBox Platform

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