Southern Asia: Vapour Generating Boiler Market 2025

Vapour Generating Boiler Market Size in Southern Asia

In 2021, the South Asian vapour generating boiler market was finally on the rise to reach $X after two years of decline. In general, consumption, however, saw a pronounced downturn. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Vapour Generating Boiler Production in Southern Asia

In value terms, vapour generating boiler production reduced to $X in 2021 estimated in export price. In general, production, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2018 with an increase of 14%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Vapour Generating Boiler Exports

Exports in Southern Asia

In 2021, overseas shipments of vapour generating boilers increased by 48% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2014 when exports increased by 80%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, vapour generating boiler exports surged to $X in 2021. In general, exports, however, showed a deep downturn. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, India (X tons) represented the major exporter of vapour generating boilers in Southern Asia, generating 100% of total export.

India was also the fastest-growing in terms of the vapour generating boilers exports, with a CAGR of -9.2% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest vapour generating boiler supplier in Southern Asia.

In India, vapour generating boiler exports shrank by an average annual rate of -12.2% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, increasing by 12% against the previous year. Overall, the export price, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 when the export price increased by 18% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -3.3% per year.

Vapour Generating Boiler Imports

Imports in Southern Asia

After two years of decline, supplies from abroad of vapour generating boilers increased by 190% to X tons in 2021. Over the period under review, imports enjoyed a moderate expansion. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, vapour generating boiler imports surged to $X in 2021. Overall, imports, however, saw a pronounced setback. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Bangladesh represented the major importer of vapour generating boilers in Southern Asia, with the volume of imports finishing at X tons, which was approx. 78% of total imports in 2021. India (X tons) ranks second in terms of the total imports with a 12% share, followed by Sri Lanka (6.2%). Nepal (X tons) took a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to vapour generating boiler imports into Bangladesh stood at +19.8%. At the same time, Nepal (+31.6%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +31.6% from 2012-2021. Sri Lanka experienced a relatively flat trend pattern. By contrast, India (-9.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Bangladesh and Nepal increased by +58 and +3 percentage points, respectively.

In value terms, Bangladesh ($X) constitutes the largest market for imported vapour generating boilers in Southern Asia, comprising 80% of total imports. The second position in the ranking was held by India ($X), with a 10% share of total imports. It was followed by Sri Lanka, with a 4.8% share.

In Bangladesh, vapour generating boiler imports expanded at an average annual rate of +18.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: India (-11.0% per year) and Sri Lanka (-2.5% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, with a decrease of -13.9% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 27% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Bangladesh ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-1.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :