Southern Asia: Lead Market 2024

Lead Market Size in Southern Asia

In 2022, the South Asian lead market decreased by -0.4% to $X, falling for the fourth year in a row after three years of growth. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the market value increased by 8.4%. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Lead Production in Southern Asia

In value terms, lead production dropped slightly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 26% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Lead Exports

Exports in Southern Asia

Lead exports amounted to X tons in 2022, leveling off at 2021. In general, exports showed a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by 76%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, lead exports rose notably to $X in 2022. Overall, exports saw a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of 108%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

India prevails in exports structure, amounting to X tons, which was approx. 84% of total exports in 2022. Pakistan (X tons) held the second position in the ranking, followed by Bangladesh (X tons). All these countries together held near 13% share of total exports. Sri Lanka (X tons) followed a long way behind the leaders.

Exports from India increased at an average annual rate of +16.3% from 2012 to 2022. At the same time, Bangladesh (+16.4%), Pakistan (+6.1%) and Sri Lanka (+2.9%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +16.4% from 2012-2022. From 2012 to 2022, the share of India increased by +13 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest lead supplier in Southern Asia, comprising 87% of total exports. The second position in the ranking was held by Pakistan ($X), with an 8.4% share of total exports. It was followed by Sri Lanka, with a 2.2% share.

In India, lead exports increased at an average annual rate of +16.1% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (+8.8% per year) and Sri Lanka (+3.6% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, surging by 4% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 18% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+2.6%), while the other leaders experienced mixed trends in the export price figures.

Lead Imports

Imports in Southern Asia

In 2022, imports of lead in Southern Asia expanded notably to X tons, growing by 5.1% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 20%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, lead imports stood at $X in 2022. The total import value increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 27%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

India prevails in imports structure, reaching X tons, which was approx. 88% of total imports in 2022. It was distantly followed by Bangladesh (X tons), creating an 8.2% share of total imports. Pakistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to lead imports into India stood at +3.1%. At the same time, Bangladesh (+3.3%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +3.3% from 2012-2022. By contrast, Pakistan (-8.5%) illustrated a downward trend over the same period. India (+7.4 p.p.) significantly strengthened its position in terms of the total imports, while Pakistan saw its share reduced by -6.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported lead in Southern Asia, comprising 88% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 7.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to +3.6%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+2.5% per year) and Pakistan (-8.5% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, picking up by 1.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by 25%. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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