Southern Asia: Cable-Making Machine Market 2024

Cable-Making Machine Market Size in Southern Asia

In 2022, the South Asian cable-making machine market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, 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 lower figure.

Cable-Making Machine Production in Southern Asia

In value terms, cable-making machine production shrank to $X in 2022 estimated in export price. The total production indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Cable-Making Machine Exports

Exports in Southern Asia

In 2022, exports of rope or cable-making machines in Southern Asia reduced dramatically to X units, which is down by X% on the previous year. In general, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X units, and then declined significantly in the following year.

In value terms, cable-making machine exports fell slightly to $X in 2022. Overall, exports, however, posted a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then reduced modestly in the following year.

Exports by Country

India (X units) represented roughly X% of total exports in 2022.

India was also the fastest-growing in terms of the rope or cable-making machines exports, with a CAGR of X% from 2012 to 2022. While the share of India (X 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 cable-making machine supplier in Southern Asia.

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

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, jumping by X% against the previous year. Overall, the export price, however, recorded a deep slump. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, 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 2022, the rate of growth in terms of prices for India amounted to X% per year.

Cable-Making Machine Imports

Imports in Southern Asia

In 2022, approx. X units of rope or cable-making machines were imported in Southern Asia; increasing by X% compared with the year before. In general, imports showed buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, cable-making machine imports soared to $X in 2022. Over the period under review, imports saw strong growth. The pace of growth was the most pronounced in 2016 when imports increased by X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

India was the largest importing country with an import of around X units, which reached X% of total imports. Bangladesh (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Pakistan (X%). Nepal (X units) and Sri Lanka (X units) held a little share of total imports.

India was also the fastest-growing in terms of the rope or cable-making machines imports, with a CAGR of X% from 2012 to 2022. At the same time, Pakistan (X%), Nepal (X%) and Sri Lanka (X%) displayed positive paces of growth. By contrast, Bangladesh (X%) illustrated a downward trend over the same period. While the share of India (X p.p.) and Pakistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Bangladesh (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported rope or cable-making machines in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in India stood at X%. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

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 India ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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