Asia: Files And Rasps Market 2024

Files And Rasps Market Size in Asia

The Asian files and rasps market rose notably to $X in 2023, surging by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Files And Rasps Production in Asia

In value terms, files and rasps production expanded slightly to $X in 2023 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Files And Rasps Exports

Exports in Asia

In 2023, files and rasps exports in Asia reduced to X units, falling by X% against 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X units. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, files and rasps exports shrank to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China was the major exporting country with an export of around X units, which amounted to X% of total exports. It was distantly followed by India (X units), generating a X% share of total exports. Indonesia (X units) held a relatively small share of total exports.

From 2012 to 2023, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, China ($X), India ($X) and Indonesia ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

China, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2023, the export price in Asia amounted to $X per unit, waning by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit, and then reduced modestly in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was China ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the export price figures.

Files And Rasps Imports

Imports in Asia

In 2023, overseas purchases of files, rasps and similar tools decreased by X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by X%. The volume of import peaked at X units in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, files and rasps imports reduced to $X in 2023. In general, imports continue to indicate a slight setback. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Indonesia (X units), followed by China (X units), the United Arab Emirates (X units), Thailand (X units), Turkey (X units), India (X units), Bangladesh (X units), Afghanistan (X units) and Myanmar (X units) represented the key importers of files, rasps and similar tools, together achieving X% of total imports. The following importers - Kazakhstan (X units), Japan (X units), South Korea (X units) and Vietnam (X units) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Japan ($X) and China ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Turkey, Thailand, the United Arab Emirates, South Korea, Vietnam, India, Bangladesh, Afghanistan, Kazakhstan and Myanmar lagged somewhat behind, together accounting for a further X%.

Kazakhstan, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per unit in 2023, which is down by X% against the previous year. Over the period under review, the import price showed a mild descent. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2023, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform