Southern Asia - Mechanical Stokers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouthern Asia: Mechanical Stoker Market 2024
Mechanical Stoker Market Size in Southern Asia
In 2022, the South Asian mechanical stoker market decreased by -1.4% to $X, falling for the second year in a row after two years of growth. Overall, consumption enjoyed a strong expansion. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.
Mechanical Stoker Production in Southern Asia
In value terms, mechanical stoker production reached $X in 2022 estimated in export price. Overall, production continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 71%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.
Mechanical Stoker Exports
Exports in Southern Asia
In 2022, the amount of mechanical stokers exported in Southern Asia rose sharply to X tons, growing by 6.7% on the previous year's figure. Overall, exports posted resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 124%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.
In value terms, mechanical stoker exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 241%. As a result, the exports reached the peak of $X; afterwards, it flattened through to 2022.
Exports by Country
India (X tons) represented roughly 99.9% of total exports in 2022.
India was also the fastest-growing in terms of the mechanical stokers exports, with a CAGR of +6.5% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.
In value terms, India ($X) also remains the largest mechanical stoker supplier in Southern Asia.
From 2012 to 2022, the average annual growth rate of value in India amounted to +8.0%.
Export Prices by Country
In 2022, the export price in Southern Asia amounted to $X per ton, picking up by 50% against the previous year. Over the period under review, the export price saw a modest increase. The most prominent rate of growth was recorded in 2015 an increase of 182% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the export prices remained 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 2022, the rate of growth in terms of prices for India amounted to +1.4% per year.
Mechanical Stoker Imports
Imports in Southern Asia
In 2022, mechanical stoker imports in Southern Asia plummeted to X tons, declining by -26% on the previous year's figure. In general, imports, however, saw a slight increase. The most prominent rate of growth was recorded in 2014 when imports increased by 231% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, mechanical stoker imports dropped dramatically to $X in 2022. Overall, imports recorded a pronounced decline. The most prominent rate of growth was recorded in 2014 when imports increased by 338% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, Pakistan (X tons) was the major importer of mechanical stokers, constituting 75% of total imports. It was distantly followed by Bangladesh (X tons), mixing up a 20% share of total imports. India (X tons) held a minor share of total imports.
Pakistan was also the fastest-growing in terms of the mechanical stokers imports, with a CAGR of +24.1% from 2012 to 2022. At the same time, Bangladesh (+19.7%) displayed positive paces of growth. By contrast, India (-24.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Pakistan and Bangladesh increased by +65 and +17 percentage points, respectively.
In value terms, Pakistan ($X) constitutes the largest market for imported mechanical stokers in Southern Asia, comprising 84% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 7.6% share of total imports.
From 2012 to 2022, the average annual growth rate of value in Pakistan amounted to +22.1%. In the other countries, the average annual rates were as follows: Bangladesh (+12.1% per year) and India (-24.0% per year).
Import Prices by Country
In 2022, the import price in Southern Asia amounted to $X per ton, reducing by -14.8% against the previous year. Over the period under review, the import price saw a perceptible curtailment. The growth pace was the most rapid in 2020 an increase of 62%. Over the period under review, import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($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 India (+0.2%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the mechanical stoker market in Southern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28211170 - Mechanical stokers (including their mechanical grates, m echanical ash dischargers and similar appliances)
Country coverage:
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Southern Asia, split by region and country
- Trade (exports and imports) in Southern Asia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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