Overview of the Market for Liquid Air And Distilled Water in Southern Asia
In value terms, liquid air and distilled water production expanded significantly to $ in 2018 estimated in export prices. In general, production recorded a slight shrinkage. The most prominent rate of growth was recorded in 2008 when the production volume increased by % against the previous year. As a result, production attained the peak level of $. From 2009 to 2018, production growth remained at a lower figure.
India ( tonnes) remains the largest liquid air and distilled water producing country in Southern Asia, accounting for % of total volume. Moreover, liquid air and distilled water production in India exceeded the figures recorded by the second-largest producer, Pakistan ( tonnes), threefold.
In India, liquid air and distilled water production remained relatively stable over the period from 2007-2018. The remaining producing countries recorded the following average annual rates of production growth: Pakistan (-% per year) and Bangladesh (-% per year).
The size of the market for liquid or compressed air and distilled or conductivity water in Southern Asia surged to $ in 2018, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The total consumption indicated a buoyant increase from 2007 to 2018: its value decreased at an average annual rate of -% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, consumption increased by +% against 2013 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
From 2007 to 2018, the average annual rate of growth in terms of volume in India was relatively modest. The remaining consuming countries recorded the following average annual rates of consumption growth: Pakistan (-% per year) and Bangladesh (-% per year).
In value terms, India ($) led the market, alone. The second position in the ranking was occupied by Pakistan ($).
From 2007 to 2018, the average annual growth rate of value in India stood at +%. In the other countries, the average annual rates were as follows: Pakistan (+% per year) and Bangladesh (+% per year).
The countries with the highest levels of liquid air and distilled water per capita consumption in 2018 were Bangladesh ( kg per person), Pakistan ( kg per person) and India ( kg per person).
From 2007 to 2018, the most notable rate of growth in terms of liquid air and distilled water per capita consumption, amongst the key consuming countries, was attained by India, while liquid air and distilled water per capita consumption for the other leaders experienced a decline in the per capita consumption figures.