Southern Asia: Gas Stove Market 2020

Gas Stove Market Size in Southern Asia

The revenue of the gas stove market in Southern Asia amounted to $X in 2017, going up by X% against the previous year. The gas stove consumption continues to indicate a strong increase. The pace of growth appeared the most rapid in 2009, when it surged by X% y-o-y. In that year, the gas stove market reached their peak level of $X. From 2010 to 2017, growth of the gas stove market stood at a somewhat lower level.

Gas Stove Production in Southern Asia

The gas stove production amounted to X units in 2017, waning by -X% against the previous year. The gas stove production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. The volume of gas stove production peaked of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Gas Stove Exports in Southern Asia

The exports stood at X units in 2017, picking up by X% against the previous year. The gas stove exports continue to indicate a prominent growth. The pace of growth appeared the most rapid in 2012, with an increase of X% year-to-year. In that year, the gas stove exports reached their peak volume of X units. From 2013 to 2017, growth of the gas stove exports stood at a somewhat lower level.

In value terms, gas stove exports amounted to $X in 2017. The gas stove exports continue to indicate a remarkable growth. Over the period under review, the gas stove exports attained its maximum level in 2017, and are likely to see steady growth in the immediate term.

Gas Stove Exports by Country in Southern Asia

India prevails in gas stove exports structure, amounting to X units, which was near X% of total exports in 2017. It was distantly followed by Pakistan (X units), creating X% share of total exports.

India was also the fastest growing in terms of the iron or steel gas domestic cooking appliances and plate warmers (without an oven) exports, with a CAGR of +X% from 2007 to 2017. Pakistan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Pakistan increased by X% percentage points, while India (-X%) saw their share reduced.

In value terms, India ($X) remains the largest gas stove supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global exports.

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

Gas Stove Export Prices by Country in Southern Asia

In 2017, the gas stove export price in Southern Asia amounted to $X per unit, jumping by X% against the previous year. The gas stove export price continues to indicate a moderate increase. The pace of growth was the most pronounced in 2016, when it surged by X% year-to-year. Over the period under review, the export prices for iron or steel gas domestic cooking appliances and plate warmers (without an oven) reached its maximum level in 2017, and is expected to retain its growth in the near future.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Pakistan ($X per unit) and India ($X per unit), while India ($X per unit) and Pakistan ($X per unit) were amongst the lowest.

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

Gas Stove Imports in Southern Asia

In 2017, approx. X units of iron or steel gas domestic cooking appliances and plate warmers (without an oven) were imported in Southern Asia; rising by X% against the previous year. The gas stove imports continue to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. The volume of imports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, gas stove imports stood at $X in 2017. The gas stove imports continue to indicate a prominent expansion. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Gas Stove Imports by Country in Southern Asia

In 2017, Bangladesh (X units) represented the major importer for iron or steel gas domestic cooking appliances and plate warmers (without an oven), committing X% of total imports. It was distantly followed by India (X units), making up X% share of total imports. Sri Lanka (X units) and Nepal (X units) took the minor share of total imports.

Bangladesh was also the fastest growing in terms of the iron or steel gas domestic cooking appliances and plate warmers (without an oven) imports, with a CAGR of +X% from 2007 to 2017. At the same time, India (+X%), Nepal (+X%) and Sri Lanka (+X%) displayed positive paces of growth. Sri Lanka (-X%), India (-X%) and Bangladesh (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X), Sri Lanka ($X) and Bangladesh ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

Bangladesh (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Gas Stove Import Prices by Country in Southern Asia

The gas stove import price in Southern Asia stood at $X per thousand units in 2017, falling by -X% against the previous year. The gas stove import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2011, an increase of X% year-to-year. The level of import price peaked of $X per unit in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Sri Lanka ($X per unit), while Bangladesh ($X per thousand units) 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 mixed trends in the import price figures.

Source: IndexBox Platform