Southern Asia: Market for Tailor Dummies And Automata 2024

Market Size for Tailor Dummies And Automata in Southern Asia

The South Asian tailor dummies and automata market amounted to $X in 2021, surging by 5.4% against the previous year. Over the period under review, consumption, however, recorded a pronounced decrease. 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 Tailor Dummies And Automata in Southern Asia

In value terms, tailor dummies and automata production reached $X in 2021 estimated in export price. Over the period under review, production, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2017 with an increase of 19%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Exports of Tailor Dummies And Automata

Exports in Southern Asia

In 2021, shipments abroad of tailor dummies and automata was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports enjoyed buoyant growth. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, tailor dummies and automata exports surged to $X in 2021. In general, exports saw a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Bangladesh was the major exporting country with an export of about X tons, which amounted to 72% of total exports. It was distantly followed by India (X tons), achieving a 27% share of total exports.

Bangladesh was also the fastest-growing in terms of the tailor dummies and automata exports, with a CAGR of +80.7% from 2012 to 2021. India (-6.1%) illustrated a downward trend over the same period. Bangladesh (+71 p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by -70.2% from 2012 to 2021, respectively.

In value terms, Bangladesh ($X) remains the largest tailor dummies and automata supplier in Southern Asia, comprising 82% of total exports. The second position in the ranking was held by India ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Bangladesh stood at +74.2%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, picking up by 14% against the previous year. In general, the export price showed a remarkable increase. The pace of growth was the most pronounced in 2019 when the export price increased by 31% against the previous year. Over the period under review, the export prices hit record highs in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while India amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+0.6%).

Imports of Tailor Dummies And Automata

Imports in Southern Asia

In 2021, supplies from abroad of tailor dummies and automata was finally on the rise to reach X tons after two years of decline. In general, imports, however, showed a abrupt decline. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, tailor dummies and automata imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a deep reduction. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India represented the key importer of tailor dummies and automata in Southern Asia, with the volume of imports amounting to X tons, which was near 70% of total imports in 2021. Bangladesh (X tons) took the second position in the ranking, followed by Pakistan (X tons) and Sri Lanka (X tons). All these countries together took near 28% share of total imports.

India experienced a relatively flat trend pattern with regard to volume of imports of tailor dummies and automata. Sri Lanka experienced a relatively flat trend pattern. Bangladesh (-2.9%) and Pakistan (-24.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of India, Bangladesh and Sri Lanka increased by +40, +6 and +3.1 percentage points, respectively.

In value terms, the largest tailor dummies and automata importing markets in Southern Asia were Bangladesh ($X), India ($X) and Sri Lanka ($X), with a combined 89% share of total imports.

Bangladesh, with a CAGR of +12.7%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, which is down by -21.1% against the previous year. Import price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, tailor dummies and automata import price increased by +6.4% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 64% against the previous year. The level of import peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+16.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :