Southern Asia: Teleferics And Chair-Lifts Market 2024

Teleferics And Chair-Lifts Market Size in Southern Asia

The South Asian teleferics and chair-lifts market reduced markedly to $X in 2023, declining by X% against the previous year. In general, consumption continues to indicate a abrupt downturn. As a result, consumption reached the peak level of $X. From 2019 to 2023, the growth of the market remained at a lower figure.

Teleferics And Chair-Lifts Production in Southern Asia

In value terms, teleferics and chair-lifts production amounted to $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a lower figure.

Teleferics And Chair-Lifts Exports

Exports in Southern Asia

In 2023, the amount of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars exported in Southern Asia soared to X units, increasing by X% on the previous year. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2023 and are expected to retain growth in the near future.

In value terms, teleferics and chair-lifts exports soared to $X in 2023. In general, exports saw a prominent increase. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2023 and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the one major exporters of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest teleferics and chair-lifts supplier in Southern Asia.

From 2012 to 2023, the average annual rate of growth in terms of value in India amounted to X%.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2023, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2023, 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 2023, the rate of growth in terms of prices for India amounted to X% per year.

Teleferics And Chair-Lifts Imports

Imports in Southern Asia

After two years of growth, supplies from abroad of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars decreased by X% to X units in 2023. In general, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then dropped in the following year.

In value terms, teleferics and chair-lifts imports declined notably to $X in 2023. Overall, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2022 with an increase of X%. As a result, imports attained the peak of $X, and then contracted rapidly in the following year.

Imports by Country

In 2023, India (X units) was the largest importer of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars, committing X% of total imports. It was distantly followed by Nepal (X units) and Bangladesh (X units), together achieving a X% share of total imports. Pakistan (X units) took a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Nepal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nepal ($X) constitutes the largest market for imported teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars in Southern Asia, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Bangladesh, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Nepal totaled X%. In the other countries, the average annual rates were as follows: India (X% per year) and Bangladesh (X% per year).

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per unit, waning by X% against the previous year. In general, the import price recorded a perceptible descent. The pace of growth was the most pronounced 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 unit in 2016; however, from 2017 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Nepal ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform