Southern Asia: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in Southern Asia

The South Asian multiple-walled insulating glass unit market reached $X in 2022, approximately equating the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Production of Multiple-Walled Insulating Units Of Glass in Southern Asia

In value terms, multiple-walled insulating glass unit production amounted to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Multiple-Walled Insulating Units Of Glass

Exports in Southern Asia

In 2022, shipments abroad of multiple-walled insulating units of glass increased by X% to X square meters, rising for the second year in a row after two years of decline. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, multiple-walled insulating glass unit exports surged to $X in 2022. In general, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

The shipments of the one major exporters of multiple-walled insulating units of glass, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the multiple-walled insulating units of glass exports, with a CAGR of X% from 2012 to 2022. While the share of India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest multiple-walled insulating glass unit supplier in Southern Asia.

In India, multiple-walled insulating glass unit exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per square meter, reducing by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2014 to 2022, the export prices remained at a lower figure.

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.

Imports of Multiple-Walled Insulating Units Of Glass

Imports in Southern Asia

In 2022, imports of multiple-walled insulating units of glass in Southern Asia totaled X square meters, approximately equating 2021 figures. In general, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, multiple-walled insulating glass unit imports reduced to $X in 2022. Over the period under review, imports saw buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then fell in the following year.

Imports by Country

India (X square meters), Bangladesh (X square meters) and Sri Lanka (X square meters) represented roughly X% of total imports in 2022. It was distantly followed by Pakistan (X square meters), generating a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Sri Lanka (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest multiple-walled insulating glass unit importing markets in Southern Asia were India ($X), Bangladesh ($X) and Sri Lanka ($X), together accounting for X% of total imports.

Sri Lanka, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 Southern Asia stood at $X per square meter in 2022, waning by X% against the previous year. Overall, the import price showed a slight descent. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per square meter), while Bangladesh ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :