Southern Asia: Unit Construction Machine Market 2025

Unit Construction Machine Market Size in Southern Asia

The South Asian unit construction machine market rose modestly to $X in 2022, surging by X% against the previous year. In general, consumption recorded a pronounced slump. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Unit Construction Machine Production in Southern Asia

In value terms, unit construction machine production rose sharply to $X in 2022 estimated in export price. In general, production recorded perceptible growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Unit Construction Machine Exports

Exports in Southern Asia

In 2022, overseas shipments of unit construction machines for working metal increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports showed strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, unit construction machine exports skyrocketed to $X in 2022. In general, exports continue to indicate measured growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from India (X units), together amounting to X% of total export.

India was also the fastest-growing in terms of the unit construction machines for working metal exports, with a CAGR of X% from 2012 to 2022. India (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest unit construction machine supplier in Southern Asia.

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

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 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.

Unit Construction Machine Imports

Imports in Southern Asia

Unit construction machine imports declined notably to X units in 2022, reducing by X% on 2021. In general, imports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, unit construction machine imports surged to $X in 2022. Overall, imports showed a deep slump. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X units) represented the major importer of unit construction machines for working metal, constituting X% of total imports. It was distantly followed by Afghanistan (X units), mixing up a X% share of total imports. The following importers - Sri Lanka (X units) and Pakistan (X units) - each resulted at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to unit construction machine imports into India stood at X%. At the same time, Afghanistan (X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Pakistan (X%) and Sri Lanka (X%) illustrated a downward trend over the same period. While the share of Afghanistan (X p.p.) and Pakistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sri Lanka (X p.p.) and India (X p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported unit construction machines for working metal in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Afghanistan ($X), with a X% share of total imports. It was followed by Sri Lanka, with less than X% share.

From 2012 to 2022, the average annual growth rate of value in India totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Afghanistan (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a deep setback. Over the period under review, import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per unit), while Pakistan ($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 a decline in the import price figures.

Source: IndexBox Platform

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