Southern Asia: Market for Printers, Copying Machines And Facsimile Machines 2024

Market Size for Printers, Copying Machines And Facsimile Machines in Southern Asia

In 2021, the South Asian printers and copying machines market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, recorded a slight downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Printers, Copying Machines And Facsimile Machines in Southern Asia

In value terms, printers and copying machines production fell to $X in 2021 estimated in export price. In general, production, however, posted a prominent increase. The growth pace was the most rapid in 2017 when the production volume increased by 20%. Over the period under review, production reached the peak level at $X in 2020, and then reduced in the following year.

Exports of Printers, Copying Machines And Facsimile Machines

Exports in Southern Asia

In 2021, overseas shipments of printers, copying machines and facsimile machines were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, exports enjoyed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, printers and copying machines exports soared to $X in 2021. Over the period under review, exports showed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from India (X units), together resulting at 98% of total export.

India was also the fastest-growing in terms of the printers, copying machines and facsimile machines exports, with a CAGR of +19.0% from 2012 to 2021. While the share of India (+3.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest printers and copying machines supplier in Southern Asia.

From 2012 to 2021, the average annual growth rate of value in India stood at +17.8%.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2021, therefore, remained relatively stable against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the export price increased by 35%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -1.0% per year.

Imports of Printers, Copying Machines And Facsimile Machines

Imports in Southern Asia

In 2021, overseas purchases of printers, copying machines and facsimile machines were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a slight contraction. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, printers and copying machines imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India represented the major importer of printers, copying machines and facsimile machines in Southern Asia, with the volume of imports resulting at X units, which was approx. 70% of total imports in 2021. It was distantly followed by Bangladesh (X units) and Pakistan (X units), together generating a 24% share of total imports. Sri Lanka (X units) and Nepal (X units) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to printers and copying machines imports into India stood at -3.4%. At the same time, Bangladesh (+9.1%), Nepal (+6.8%) and Pakistan (+2.3%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +9.1% from 2012-2021. By contrast, Sri Lanka (-3.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Bangladesh and Pakistan increased by +8.8 and +3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported printers, copying machines and facsimile machines in Southern Asia, comprising 67% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 19% share of total imports. It was followed by Pakistan, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled -2.9%. In the other countries, the average annual rates were as follows: Bangladesh (+12.8% per year) and Pakistan (-1.5% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per unit, surging by 9.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Nepal ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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