Southern Asia: Petroleum Market 2020

Petroleum Market Size in Southern Asia

The revenue of the petroleum market in Southern Asia amounted to $X in 2017, coming up by X% against the previous year. The petroleum consumption continues to indicate a strong increase. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. The level of petroleum consumption peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Petroleum Production in Southern Asia

The petroleum production stood at X tons in 2017, surging by X% against the previous year. The petroleum production continues to indicate a prominent increase. The pace of growth was the most pronounced in 2011, when the output figure increased by X% y-o-y. In that year, the petroleum production attained their peak volume of X tons. From 2012 to 2017, growth of the petroleum production stood at a somewhat lower level.

Petroleum Exports

Exports in Southern Asia

In 2017, exports of petroleum in Southern Asia amounted to X tons, shrinking by -X% against the previous year. The total exports indicated a conspicuous increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the petroleum exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when exports increased by X% year-to-year. Over the period under review, the petroleum exports reached its peak figure volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, petroleum exports amounted to $X in 2017. The petroleum exports continue to indicate a pronounced expansion. Over the period under review, the petroleum exports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Exports by Country

In 2017, India (X tons) represented the key exporters of petroleum in Southern Asia, generating X% of total export.

India was also the fastest growing in terms of the petroleum exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of India decreased 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 petroleum supplier in Southern Asia.

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

Export Prices by Country

The petroleum export price in Southern Asia stood at $X per ton in 2017, going up by X% against the previous year. The petroleum export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when the export prices increased by X% year-to-year. Over the period under review, the export prices for petroleum attained its maximum level of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

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).

Petroleum Imports

Imports in Southern Asia

The imports totaled X tons in 2017, growing by X% against the previous year. The petroleum imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017, with an increase of X% against the previous year. In that year, the petroleum imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, petroleum imports amounted to $X in 2017. The petroleum imports continue to indicate a relatively flat trend pattern. In that year, the petroleum imports reached their peak level of $X. From 2012 to 2017, growth of the petroleum imports stood at a somewhat lower level.

Imports by Country

Pakistan represented the largest importer of petroleum in Southern Asia, with the volume of imports resulting at X tons, which was near X% of total imports in 2017. It was distantly followed by India (X tons), Bangladesh (X tons), Sri Lanka (X tons) and Nepal (X tons), together making up X% share of total imports. Maldives (X tons) occupied the slight share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nepal (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest petroleum markets worldwide were Pakistan ($X), India ($X) and Bangladesh ($X), with a combined X% share of total imports.

Pakistan (+X% per year) experienced the highest rates of growth with regard to imports, among the main importing countriesover the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The petroleum import price in Southern Asia stood at $X per ton in 2017, growing by X% against the previous year. The petroleum import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. In that year, the import prices for petroleum attained their peak level of $X per ton. From 2012 to 2017, growth of the import prices for petroleum 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 India ($X per ton), while Nepal ($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 Bangladesh (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform