Southern Asia: Sink Valve Market 2020

Sink Valve Market Size in Southern Asia

The revenue of the sink valve market in Southern Asia amounted to $X in 2017, waning by -X% against the previous year. The total market indicated a remarkable expansion 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 sink valve consumption decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. The level of sink valve consumption peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Sink Valve Production in Southern Asia

In 2017, sink valve production in Southern Asia totaled X units, jumping by X% against the previous year. The total output indicated a perceptible increase from 2007 to 2017: its volume 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 sink valve production increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2011, when the output figure increased by X% year-to-year. The volume of sink valve production peaked in 2017, and is expected to retain its growth in the near future.

Sink Valve Exports in Southern Asia

The exports totaled X units in 2017, picking up by X% against the previous year. The sink valve exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. Over the period under review, the sink valve exports attained its peak figure volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, sink valve exports totaled $X in 2017. The sink valve exports continue to indicate a strong growth. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Sink Valve Exports by Country in Southern Asia

In 2017, India (X units) represented the major exporters of taps, cocks and valves for sinks, wash basins, bidets and water cisterns in Southern Asia, generating X% of total export.

India was also the fastest growing in terms of the taps, cocks and valves for sinks, wash basins, bidets and water cisterns exports, with a CAGR of +X% from 2007 to 2017. India (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest sink valve supplier in Southern Asia.

From 2007 to 2017, the average annual rate of growth in terms of value in India totaled +X%.

Sink Valve Export Prices by Country in Southern Asia

In 2017, the sink valve export price in Southern Asia amounted to $X per thousand units, shrinking by -X% against the previous year. The sink valve export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. The level of export price peaked of $X per unit in 2013; however, from 2014 to 2017, it 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).

Sink Valve Imports in Southern Asia

In 2017, approx. X units of taps, cocks and valves for sinks, wash basins, bidets and water cisterns were imported in Southern Asia; growing by X% against the previous year. The total imports indicated a prominent expansion from 2007 to 2017: its volume 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 sink valve imports increased by +X% against 2012 indices. The growth pace was the most rapid in 2008, with an increase of X% against the previous year. The volume of imports peaked in 2017, and are likely to see steady growth in the immediate term.

In value terms, sink valve imports amounted to $X in 2017. The total imports indicated a remarkable 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. Over the period under review, the sink valve imports attained its peak figure level of $X in 2016, and then declined slightly in the following year.

Sink Valve Imports by Country in Southern Asia

In 2017, India (X units) represented the main importer for taps, cocks and valves for sinks, wash basins, bidets and water cisterns, constituting X% of total imports. Sri Lanka (X units) ranks second in terms of the global imports with a X% share, followed by Pakistan (X%). The following importers - Bangladesh (X units) and Nepal (X units) each finished at a X% share of total imports.

Imports into India increased at an average annual rate of +X% from 2007 to 2017. At the same time, Nepal (+X%), Sri Lanka (+X%), Pakistan (+X%) and Bangladesh (+X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Pakistan, Sri Lanka and India decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported taps, cocks and valves for sinks, wash basins, bidets and water cisterns in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global imports. It was followed by Sri Lanka, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in India amounted to +X%. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and Sri Lanka (+X% per year).

Sink Valve Import Prices by Country in Southern Asia

The sink valve import price in Southern Asia stood at $X per unit in 2017, declining by -X% against the previous year. The sink valve import price continues to indicate a measured decrease. The growth pace was the most rapid in 2011, an increase of X% y-o-y. Over the period under review, the import prices for taps, cocks and valves for sinks, wash basins, bidets and water cisterns reached its maximum level of $X per unit in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Pakistan ($X per unit), while Sri Lanka ($X per thousand units) 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 a decline in the import price figures.

Source: IndexBox Platform