Southern Asia: Mine Roof Support Market 2020

Mine Roof Support Market Size in Southern Asia

The revenue of the mine roof support market in Southern Asia amounted to $X in 2017, going up by X% against the previous year. The mine roof support consumption continues to indicate an outstanding increase. The most prominent rate of growth was recorded in 2017, when market value increased by X% y-o-y. Over the period under review, the mine roof support market reached its maximum level of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Mine Roof Support Production in Southern Asia

In 2017, approx. X units of mobile hydraulic powered mine roof supports were produced in Southern Asia; remaining relatively unchanged against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The pace of growth was the most pronounced in 2016, with an increase of X% y-o-y. In that year, the mine roof support production reached their peak volume of X units, leveling off in the following year.

Mine Roof Support Exports in Southern Asia

In 2017, the amount of mobile hydraulic powered mine roof supports exported in Southern Asia totaled X units, reducing by -X% against the previous year. The mine roof support exports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2016, with an increase of X% against the previous year. In that year, the mine roof support exports reached their peak volume of X units, and then declined slightly in the following year.

In value terms, mine roof support exports amounted to $X in 2017. The mine roof support exports continue to indicate a strong expansion. Over the period under review, the mine roof support exports attained its maximum level in 2017, and are expected to retain its growth in the near future.

Mine Roof Support Exports by Country in Southern Asia

The countries with the highest levels of mine roof support exports in 2017 were India (X units), together finishing at X% of total export.

India was also the fastest growing in terms of the mobile hydraulic powered mine roof supports exports, with a CAGR of +X% from 2007 to 2017. India (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest mine roof support supplier in Southern Asia.

In India, mine roof support exports expanded at an average annual rate of +X% over the period from 2007-2017.

Mine Roof Support Export Prices by Country in Southern Asia

The mine roof support export price in Southern Asia stood at $X per unit in 2017, going up by X% against the previous year. The mine roof support export price continues to indicate a moderate downturn. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. Over the period under review, the export prices for mobile hydraulic powered mine roof supports attained its maximum level of $X thousand per unit in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

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).

Mine Roof Support Imports in Southern Asia

In 2017, the amount of mobile hydraulic powered mine roof supports imported in Southern Asia amounted to X units, coming down by -X% against the previous year. The mine roof support imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013, when it surged by X% against the previous year. The volume of imports peaked of X units in 2016, and then declined slightly in the following year.

In value terms, mine roof support imports stood at $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. In that year, the mine roof support imports reached their peak level of $X. From 2012 to 2017, growth of the mine roof support imports stood at a somewhat lower level.

Mine Roof Support Imports by Country in Southern Asia

In 2017, India (X units) represented the major importer for mobile hydraulic powered mine roof supports, committing X% of total imports. Bangladesh (X units) ranks second in terms of the global imports with a X% share, followed by Pakistan (X%). Sri Lanka (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to mine roof support imports into India stood at +X%. At the same time, Bangladesh (+X%), Sri Lanka (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. Sri Lanka (-X%), Pakistan (-X%), Bangladesh (-X%) and India (-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 ($X) constitutes the largest market for imported mobile hydraulic powered mine roof supports in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of global imports. It was followed by Pakistan, with a X% share.

In India, mine roof support imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Bangladesh (+X% per year) and Pakistan (-X% per year).

Mine Roof Support Import Prices by Country in Southern Asia

The mine roof support import price in Southern Asia stood at $X per unit in 2017, jumping by X% against the previous year. The mine roof support import price continues to indicate a deep descent. The growth pace was the most rapid in 2017, when it surged by X% against the previous year. The level of import price peaked of $X per unit in 2008; however, from 2009 to 2017, it failed to regain its momentum.

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 ($X per unit), while India ($X per unit) 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 a decline in the import price figures.

Source: IndexBox Platform