Southern Asia: Photo-Copying Apparatus Market 2024

Photo-Copying Apparatus Market Size in Southern Asia

In 2022, the South Asian photo-copying apparatus market increased by 5.8% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Photo-Copying Apparatus Production in Southern Asia

In value terms, photo-copying apparatus production amounted to $X in 2022 estimated in export price. Over the period under review, production enjoyed a remarkable increase. The growth pace was the most rapid in 2016 with an increase of 1,375,194,700%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Photo-Copying Apparatus Exports

Exports in Southern Asia

Photo-copying apparatus exports fell remarkably to X units in 2022, with a decrease of -31.5% on 2021. In general, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 196% against the previous year. The volume of export peaked at X units in 2021, and then fell rapidly in the following year.

In value terms, photo-copying apparatus exports skyrocketed to $X in 2022. Total exports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +18.3% against 2020 indices. The pace of growth was the most pronounced in 2015 with an increase of 83%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The biggest shipments were from India (X units), together accounting for 99% of total export.

India was also the fastest-growing in terms of the photo-copying apparatus exports, with a CAGR of +7.6% 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 photo-copying apparatus supplier in Southern Asia.

From 2012 to 2022, the average annual growth rate of value in India stood at +1.1%.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, with an increase of 72% against the previous year. In general, the export price, however, recorded a abrupt contraction. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a 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 -6.0% per year.

Photo-Copying Apparatus Imports

Imports in Southern Asia

In 2022, overseas purchases of photo-copying apparatus increased by 35% to X units, rising for the second year in a row after two years of decline. In general, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 72% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, photo-copying apparatus imports reached $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India dominates imports structure, accounting for X units, which was near 83% of total imports in 2022. It was distantly followed by Bangladesh (X units), committing a 7.6% share of total imports. Pakistan (X units), Nepal (X units) and Sri Lanka (X units) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to photo-copying apparatus imports into India stood at +15.2%. At the same time, Nepal (+29.7%) and Bangladesh (+8.1%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +29.7% from 2012-2022. Pakistan experienced a relatively flat trend pattern. By contrast, Sri Lanka (-6.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India and Nepal increased by +20 and +2.7 percentage points, respectively.

In value terms, India ($X) constitutes the largest market for imported photo-copying apparatus in Southern Asia, comprising 80% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 12% share of total imports. It was followed by Pakistan, with a 5.1% share.

In India, photo-copying apparatus imports shrank by an average annual rate of -1.1% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+7.4% per year) and Pakistan (+1.5% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, shrinking by -25.5% against the previous year. In general, the import price faced a abrupt setback. The pace of growth was the most pronounced in 2014 an increase of 2.4% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Bangladesh ($X per unit), while Nepal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+2.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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