Southern Asia: Unwrought Aluminium Alloys Market 2021

Unwrought Aluminium Alloys Market Size in Southern Asia

In 2020, the South Asian unwrought aluminium alloys market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2019 to 2020, the growth of the market failed to regain the momentum.

Unwrought Aluminium Alloys Production in Southern Asia

In value terms, unwrought aluminium alloys production reduced to $X in 2020 estimated in export prices. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. from 2019 to 2020, production growth remained at a somewhat lower figure.

Production By Country in Southern Asia

India (X tons) remains the largest unwrought aluminium alloys producing country in Southern Asia, comprising approx. X% of total volume. Moreover, unwrought aluminium alloys production in India exceeded the figures recorded by the second-largest producer, Afghanistan (X tons), more than tenfold.

In India, unwrought aluminium alloys production increased at an average annual rate of +X% over the period from 2007-2020.

Unwrought Aluminium Alloys Exports

Exports in Southern Asia

For the fourteenth year in a row, Southern Asia recorded growth in overseas shipments of unwrought aluminium alloys, which increased by X% to X tons in 2020. Overall, exports showed significant growth. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, exports reached the maximum in 2020 and are likely to see gradual growth in the near future.

In value terms, unwrought aluminium alloys exports fell to $X in 2020. In general, exports saw a significant expansion. The growth pace was the most rapid in 2018 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. from 2019 to 2020, the growth exports remained at a lower figure.

Exports by Country

India dominates unwrought aluminium alloys exports structure, recording X tons, which was approx. X% of total exports in 2020. Afghanistan (X tons) followed a long way behind the leaders.

Exports from India increased at an average annual rate of +X% from 2007 to 2020. At the same time, Afghanistan (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of India and Afghanistan increased by +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest unwrought aluminium alloys supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was occupied by Afghanistan ($X), with a X% share of total exports.

In India, unwrought aluminium alloys exports expanded at an average annual rate of +X% over the period from 2007-2020.

Export Prices by Country

The unwrought aluminium alloys export price in Southern Asia stood at $X per ton in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price continues to indicate a noticeable decline. The growth pace was the most rapid in 2018 an increase of X% y-o-y. The level of export peaked at $X per ton in 2008; however, from 2009 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Afghanistan ($X per ton), while India amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Afghanistan.

Unwrought Aluminium Alloys Imports

Imports in Southern Asia

In 2020, supplies from abroad of unwrought aluminium alloys decreased by -X% to X tons, falling for the third consecutive year after eleven years of growth. Over the period under review, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, unwrought aluminium alloys imports dropped notably to $X in 2020. Overall, imports, however, showed a moderate increase. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. The level of import peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

India dominates unwrought aluminium alloys imports structure, recording X tons, which was approx. X% of total imports in 2020. It was distantly followed by Bangladesh (X tons), comprising a X% share of total imports. The following importers - Sri Lanka (X tons), Pakistan (X tons) and Afghanistan (X tons) - together made up X% of total imports.

From 2007 to 2020, average annual rates of growth with regard to unwrought aluminium alloys imports into India stood at +X%. At the same time, Afghanistan (+X%), Bangladesh (+X%) and Sri Lanka (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +X% from 2007-2020. By contrast, Pakistan (-X%) illustrated a downward trend over the same period. Bangladesh (+X p.p.) and Afghanistan (+X p.p.) significantly strengthened its position in terms of the total imports, while India and Pakistan saw its share reduced by -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported unwrought aluminium alloys in Southern Asia, comprising X% of total imports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of total imports. It was followed by Sri Lanka, with a X% share.

From 2007 to 2020, the average annual growth rate of value in India amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+X% per year) and Sri Lanka (+X% per year).

Import Prices by Country

The unwrought aluminium alloys import price in Southern Asia stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, the import price showed a perceptible slump. The growth pace was the most rapid in 2010 an increase of X% year-to-year. Over the period under review, import prices attained the maximum at $X per ton in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Afghanistan ($X per ton) and Sri Lanka ($X per ton), while Bangladesh ($X per ton) and India ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Bangladesh, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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