Southern Asia: Pliers And Pincers Market 2025

Pliers And Pincers Market Size in Southern Asia

The South Asian pliers and pincers market skyrocketed to $X in 2021, picking up by 38% against the previous year. Overall, consumption continues to indicate a resilient increase. Over the period under review, the market attained the maximum level in 2021 and is likely to see steady growth in years to come.

Pliers And Pincers Production in Southern Asia

In value terms, pliers and pincers production rose modestly to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 7.8%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Pliers And Pincers Exports

Exports in Southern Asia

Pliers and pincers exports surged to X tons in 2021, increasing by 45% on 2020 figures. Over the period under review, exports, however, continue to indicate a perceptible shrinkage. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, pliers and pincers exports surged to $X in 2021. The total export value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

India prevails in exports structure, recording X tons, which was approx. 94% of total exports in 2021. It was distantly followed by Pakistan (X tons), mixing up a 5.9% share of total exports.

India was also the fastest-growing in terms of the pliers, pincers and tweezers for nonmedical use exports, with a CAGR of -2.1% from 2012 to 2021. Pakistan (-7.1%) illustrated a downward trend over the same period. India (+3 p.p.) significantly strengthened its position in terms of the total exports, while Pakistan saw its share reduced by -3.2% from 2012 to 2021, respectively.

In value terms, India ($X) remains the largest pliers and pincers supplier in Southern Asia, comprising 94% of total exports. The second position in the ranking was held by Pakistan ($X), with a 5.4% share of total exports.

In India, pliers and pincers exports expanded at an average annual rate of +3.7% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, surging by 14% against the previous year. Export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the export price increased by 23% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.9%).

Pliers And Pincers Imports

Imports in Southern Asia

In 2021, approx. X tons of pliers, pincers and tweezers for nonmedical use were imported in Southern Asia; rising by 42% on the previous year's figure. In general, imports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 88%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, pliers and pincers imports soared to $X in 2021. Overall, imports enjoyed strong growth. The growth pace was the most rapid in 2014 with an increase of 64%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

Imports by Country

The countries with the highest levels of pliers and pincers imports in 2021 were India (X tons), Bangladesh (X tons) and Pakistan (X tons), together finishing at 91% of total import. It was distantly followed by Sri Lanka (X tons), constituting a 5.5% share of total imports. Nepal (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bangladesh (with a CAGR of +34.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Bangladesh ($X) and Pakistan ($X) were the countries with the highest levels of imports in 2021, with a combined 88% share of total imports.

Among the main importing countries, Bangladesh, with a CAGR of +23.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, growing by 7.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by 14% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nepal ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+4.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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