Southern Asia: Metal Cotter Pin Market 2020

Metal Cotter Pin Market Size in Southern Asia

The revenue of the metal cotter pin market in Southern Asia amounted to $X in 2017, reducing by -X% against the previous year. The metal cotter pin consumption continues to indicate a strong expansion. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. In that year, the metal cotter pin market reached their peak level of $X. From 2011 to 2017, growth of the metal cotter pin market failed to regain its momentum.

Metal Cotter Pin Production in Southern Asia

In 2017, approx. X tons of iron or steel cotters and cotter-pins were produced in Southern Asia; declining by -X% against the previous year. The metal cotter pin production continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2014, with an increase of X% year-to-year. The volume of metal cotter pin production peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Metal Cotter Pin Exports in Southern Asia

The exports totaled X tons in 2017, growing by X% against the previous year. The metal cotter pin exports continue to indicate a measured curtailment. The growth pace was the most rapid in 2017, with an increase of X% year-to-year. The volume of exports peaked of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, metal cotter pin exports stood at $X in 2017. The metal cotter pin exports continue to indicate a strong expansion. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Metal Cotter Pin Exports by Country in Southern Asia

The exports of the one major exporters of iron or steel cotters and cotter-pins, namely India, represented more than two-thirds of total export.

India was also the fastest growing in terms of the iron or steel cotters and cotter-pins exports, with a CAGR of -X% from 2007 to 2017. From 2007 to 2017, the share of India increased 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 metal cotter pin supplier in Southern Asia.

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

Metal Cotter Pin Export Prices by Country in Southern Asia

In 2017, the metal cotter pin export price in Southern Asia amounted to $X per ton, going down by -X% against the previous year. The metal cotter pin export price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. The level of export price peaked of $X per kg in 2016, and then declined slightly in the following year.

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).

Metal Cotter Pin Imports in Southern Asia

In 2017, approx. X tons of iron or steel cotters and cotter-pins were imported in Southern Asia; reducing by -X% against the previous year. The metal cotter pin imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. Over the period under review, the metal cotter pin imports attained its peak figure volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, metal cotter pin imports totaled $X in 2017. The metal cotter pin imports continue to indicate a remarkable increase. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Metal Cotter Pin Imports by Country in Southern Asia

India prevails in metal cotter pin imports structure, resulting at X tons, which was near X% of total imports in 2017. Pakistan (X tons) and Sri Lanka (X tons) occupied the mild share of total imports.

India was also the fastest growing in terms of the iron or steel cotters and cotter-pins imports, with a CAGR of +X% from 2007 to 2017. Pakistan experienced a relatively flat trend pattern. Sri Lanka (-X%) illustrated a downward trend over the same period. Sri Lanka (X%) significantly strengthened its position in terms of the global imports, while India saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported iron or steel cotters and cotter-pins in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of global imports. It was followed by Pakistan, with a X% share.

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

Metal Cotter Pin Import Prices by Country in Southern Asia

In 2017, the metal cotter pin import price in Southern Asia amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017, when the import prices increased by X% against the previous year. In that year, the import prices for iron or steel cotters and cotter-pins attained their peak level, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was Sri Lanka ($X per ton), while Pakistan ($X per ton) 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 more modest paces of growth.

Source: IndexBox Platform