Southern Asia: Metal Tapping Tools Market 2020

Metal Tapping Tools Market Size in Southern Asia

The revenue of the metal tapping tools market in Southern Asia amounted to $X in 2017, shrinking by -X% against the previous year. The metal tapping tools consumption continues to indicate a mild increase. The most prominent rate of growth was recorded in 2011, when market value increased by X% against the previous year. In that year, the metal tapping tools market reached their peak level of $X. From 2012 to 2017, growth of the metal tapping tools market failed to regain its momentum.

Metal Tapping Tools Production in Southern Asia

The metal tapping tools production stood at X units in 2017, increasing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2015, when it surged by X% against the previous year. The volume of metal tapping tools production peaked in 2017, and is expected to retain its growth in the near future.

Metal Tapping Tools Exports in Southern Asia

In 2017, approx. X units of tapping tools for working metal were exported in Southern Asia; increasing by X% against the previous year. The metal tapping tools exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. The volume of exports peaked of X units in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

In value terms, metal tapping tools exports amounted to $X in 2017. The total exports indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal tapping tools exports increased by +X% against 2015 indices. Over the period under review, the metal tapping tools exports attained its peak figure level in 2017, and are likely to continue its growth in the near future.

Metal Tapping Tools Exports by Country in Southern Asia

The exports of the one major exporters of tapping tools for working metal, namely India, represented more than two-thirds of total export.

India was also the fastest growing in terms of the tapping tools for working metal exports, with a CAGR of +X% from 2007 to 2017. While the share of India (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest metal tapping tools supplier in Southern Asia.

In India, metal tapping tools exports expanded at an average annual rate of +X% over the period from 2007-2017.

Metal Tapping Tools Export Prices by Country in Southern Asia

The metal tapping tools export price in Southern Asia stood at $X per unit in 2017, shrinking by -X% against the previous year. The metal tapping tools export price continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2011, an increase of X% against the previous year. In that year, the export prices for tapping tools for working metal reached their peak level of $X per unit. From 2012 to 2017, growth of the export prices for tapping tools for working metal failed to regain its momentum.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (-X% per year).

Metal Tapping Tools Imports in Southern Asia

In 2017, imports of tapping tools for working metal in Southern Asia amounted to X units, reducing by -X% against the previous year. The metal tapping tools imports continue to indicate a modest expansion. The pace of growth appeared the most rapid in 2010, when imports increased by X% against the previous year. Over the period under review, the metal tapping tools imports reached its peak figure volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, metal tapping tools imports totaled $X in 2017. The metal tapping tools imports continue to indicate a prominent expansion. Over the period under review, the metal tapping tools imports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Metal Tapping Tools Imports by Country in Southern Asia

India prevails in metal tapping tools imports structure, reaching X units, which was approx. X% of total imports in 2017. It was distantly followed by Sri Lanka (X units), constituting X% share of total imports. Bangladesh (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to metal tapping tools imports into India stood at +X%. At the same time, Bangladesh (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. Sri Lanka experienced a relatively flat trend pattern. From 2007 to 2017, the share of Bangladesh and India decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported tapping tools for working metal in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of global imports. It was followed by Sri Lanka, with a X% share.

In India, metal tapping tools imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+X% per year) and Sri Lanka (+X% per year).

Metal Tapping Tools Import Prices by Country in Southern Asia

In 2017, the metal tapping tools import price in Southern Asia amounted to $X per unit, picking up by X% against the previous year. The import price indicated a strong increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal tapping tools import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% y-o-y. In that year, the import prices for tapping tools for working metal attained their peak level of $X per unit. From 2009 to 2017, growth of the import prices for tapping tools for working metal stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Bangladesh ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Bangladesh (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform