Southern Asia: Video Monitor Market 2024

Video Monitor Market Size in Southern Asia

After two years of decline, the South Asian video monitor market increased by 8.1% to $X in 2021. The total consumption indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Video Monitor Production in Southern Asia

In value terms, video monitor production totaled $X in 2021 estimated in export price. In general, production, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2016 with an increase of 64%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Video Monitor Exports

Exports in Southern Asia

In 2021, shipments abroad of video monitors increased by 39% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2018 with an increase of 181% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, video monitor exports skyrocketed to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 32%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

India dominates exports structure, finishing at X units, which was near 87% of total exports in 2021. It was distantly followed by Bangladesh (X units), making up a 6.9% share of total exports. Sri Lanka (X units) and Pakistan (X units) followed a long way behind the leaders.

Exports from India increased at an average annual rate of +1.1% from 2012 to 2021. At the same time, Sri Lanka (+33.9%) and Pakistan (+5.4%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +33.9% from 2012-2021. By contrast, Bangladesh (-16.9%) illustrated a downward trend over the same period. India (+20 p.p.) and Sri Lanka (+3.6 p.p.) significantly strengthened its position in terms of the total exports, while Bangladesh saw its share reduced by -24.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest video monitor supplier in Southern Asia, comprising 95% of total exports. The second position in the ranking was held by Bangladesh ($X), with a 2.1% share of total exports. It was followed by Sri Lanka, with a 1.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled +1.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Bangladesh (-18.5% per year) and Sri Lanka (+16.4% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2021, dropping by -5.5% against the previous year. In general, the export price, however, enjoyed a slight increase. The pace of growth appeared the most rapid in 2013 an increase of 99%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was India ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-0.1%), while the other leaders experienced a decline in the export price figures.

Video Monitor Imports

Imports in Southern Asia

After two years of decline, purchases abroad of video monitors increased by 28% to X units in 2021. Over the period under review, imports, however, saw a noticeable contraction. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, video monitor imports skyrocketed to $X in 2021. Overall, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

India represented the largest importer of video monitors in Southern Asia, with the volume of imports amounting to X units, which was near 79% of total imports in 2021. It was distantly followed by Bangladesh (X units), achieving an 11% share of total imports. Sri Lanka (X units), Pakistan (X units) and Nepal (X units) held a little share of total imports.

Imports into India decreased at an average annual rate of -2.8% from 2012 to 2021. At the same time, Bangladesh (+14.1%) and Nepal (+10.8%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +14.1% from 2012-2021. By contrast, Sri Lanka (-1.6%) and Pakistan (-13.1%) illustrated a downward trend over the same period. Bangladesh (+8.3 p.p.) significantly strengthened its position in terms of the total imports, while India and Pakistan saw its share reduced by -3% and -6.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported video monitors in Southern Asia, comprising 84% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 10% share of total imports. It was followed by Sri Lanka, with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in India was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+12.1% per year) and Sri Lanka (+1.8% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per unit, growing by 14% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2014 when the import price increased by 16% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was India ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+7.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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