Southern Asia: Drawing Board Market 2024

Drawing Board Market Size in Southern Asia

The South Asian drawing board market totaled $X in 2022, with an increase of 2.6% against the previous year. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Drawing Board Production in Southern Asia

In value terms, drawing board production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 36%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Drawing Board Exports

Exports in Southern Asia

In 2022, approx. X units of slates and boards with writing or drawing surfaces were exported in Southern Asia; with an increase of 4% on the previous year's figure. Overall, exports recorded a strong increase. The pace of growth was the most pronounced in 2014 with an increase of 106%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, drawing board exports reduced to $X in 2022. Total exports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.5% 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 +22.3% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 109%. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

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

India was also the fastest-growing in terms of the slates and boards with writing or drawing surfaces exports, with a CAGR of +14.7% 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 drawing board supplier in Southern Asia.

In India, drawing board exports increased at an average annual rate of +1.1% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, waning by -10.3% against the previous year. Over the period under review, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of 35%. As a result, the export price attained the peak level of $X per unit. From 2016 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 -11.8% per year.

Drawing Board Imports

Imports in Southern Asia

In 2022, drawing board imports in Southern Asia soared to X units, jumping by 37% compared with 2021. In general, imports showed a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 106%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, drawing board imports skyrocketed to $X in 2022. Overall, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 57% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X units) represented the key importer of slates and boards with writing or drawing surfaces, mixing up 72% of total imports. It was distantly followed by Bangladesh (X units), generating a 19% share of total imports. The following importers - Nepal (X units), Pakistan (X units) and Afghanistan (X units) - together made up 7.1% of total imports.

India was also the fastest-growing in terms of the slates and boards with writing or drawing surfaces imports, with a CAGR of +28.1% from 2012 to 2022. At the same time, Nepal (+18.5%), Pakistan (+6.8%) and Afghanistan (+2.4%) displayed positive paces of growth. Bangladesh experienced a relatively flat trend pattern. India (+52 p.p.) significantly strengthened its position in terms of the total imports, while Pakistan, Afghanistan and Bangladesh saw its share reduced by -1.6%, -3.3% and -38.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported slates and boards with writing or drawing surfaces in Southern Asia, comprising 67% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 17% share of total imports. It was followed by Pakistan, with a 6% share.

From 2012 to 2022, the average annual growth rate of value in India totaled +16.0%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (-5.5% per year) and Pakistan (+10.6% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, dropping by -14.5% against the previous year. Overall, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of 24% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, 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 Pakistan ($X per unit), while Bangladesh ($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 (+3.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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