| Product Code: ETC4764655 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Maldives continues to rely on India, China, Malaysia, Thailand, and Singapore for its metal casting import shipments in 2024. The high concentration of the Herfindahl-Hirschman Index (HHI) in 2023 remained elevated in 2024, indicating limited diversification among suppliers. Despite a remarkable compound annual growth rate (CAGR) of 33.9% from 2020 to 2024, the negative growth rate of -24.29% from 2023 to 2024 suggests a recent slowdown in import activities. Stakeholders should closely monitor market dynamics and explore strategies to mitigate risks associated with overdependence on key exporting countries.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Maldives Metal Casting Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Metal Casting Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Metal Casting Market - Industry Life Cycle |
3.4 Maldives Metal Casting Market - Porter's Five Forces |
3.5 Maldives Metal Casting Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.6 Maldives Metal Casting Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Maldives Metal Casting Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Maldives Metal Casting Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.9 Maldives Metal Casting Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.10 Maldives Metal Casting Market Revenues & Volume Share, By Electric & Hybrid Vehicle Type, 2021 & 2031F |
4 Maldives Metal Casting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Metal Casting Market Trends |
6 Maldives Metal Casting Market Segmentations |
6.1 Maldives Metal Casting Market, By Process |
6.1.1 Overview and Analysis |
6.1.2 Maldives Metal Casting Market Revenues & Volume, By Gravity Casting, 2021-2031F |
6.1.3 Maldives Metal Casting Market Revenues & Volume, By High-Pressure Die Casting (HPDC), 2021-2031F |
6.1.4 Maldives Metal Casting Market Revenues & Volume, By Low-Pressure Die Casting (LPDC), 2021-2031F |
6.1.5 Maldives Metal Casting Market Revenues & Volume, By Sand Casting, 2021-2031F |
6.2 Maldives Metal Casting Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Metal Casting Market Revenues & Volume, By Aluminum, 2021-2031F |
6.2.3 Maldives Metal Casting Market Revenues & Volume, By Cast iron, 2021-2031F |
6.2.4 Maldives Metal Casting Market Revenues & Volume, By Magnesium, 2021-2031F |
6.2.5 Maldives Metal Casting Market Revenues & Volume, By Zinc, 2021-2031F |
6.2.6 Maldives Metal Casting Market Revenues & Volume, By Others, 2021-2031F |
6.3 Maldives Metal Casting Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Maldives Metal Casting Market Revenues & Volume, By Body Assemblies, 2021-2031F |
6.3.3 Maldives Metal Casting Market Revenues & Volume, By Engine Parts, 2021-2031F |
6.3.4 Maldives Metal Casting Market Revenues & Volume, By Transmission Parts, 2021-2031F |
6.4 Maldives Metal Casting Market, By Components |
6.4.1 Overview and Analysis |
6.4.2 Maldives Metal Casting Market Revenues & Volume, By Alloy Wheels, 2021-2031F |
6.4.3 Maldives Metal Casting Market Revenues & Volume, By Battery Housing, 2021-2031F |
6.4.4 Maldives Metal Casting Market Revenues & Volume, By Cross Car Beam, 2021-2031F |
6.4.5 Maldives Metal Casting Market Revenues & Volume, By Clutch Casing, 2021-2031F |
6.4.6 Maldives Metal Casting Market Revenues & Volume, By Crank Cases, 2021-2031F |
6.4.7 Maldives Metal Casting Market Revenues & Volume, By Cylinder Heads, 2021-2031F |
6.5 Maldives Metal Casting Market, By Vehicle Type |
6.5.1 Overview and Analysis |
6.5.2 Maldives Metal Casting Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.5.3 Maldives Metal Casting Market Revenues & Volume, By HCV, 2021-2031F |
6.6 Maldives Metal Casting Market, By Electric & Hybrid Vehicle Type |
6.6.1 Overview and Analysis |
6.6.2 Maldives Metal Casting Market Revenues & Volume, By BEV, 2021-2031F |
6.6.3 Maldives Metal Casting Market Revenues & Volume, By HEV, 2021-2031F |
6.6.4 Maldives Metal Casting Market Revenues & Volume, By PHEV, 2021-2031F |
7 Maldives Metal Casting Market Import-Export Trade Statistics |
7.1 Maldives Metal Casting Market Export to Major Countries |
7.2 Maldives Metal Casting Market Imports from Major Countries |
8 Maldives Metal Casting Market Key Performance Indicators |
9 Maldives Metal Casting Market - Opportunity Assessment |
9.1 Maldives Metal Casting Market Opportunity Assessment, By Process, 2021 & 2031F |
9.2 Maldives Metal Casting Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Maldives Metal Casting Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Maldives Metal Casting Market Opportunity Assessment, By Components, 2021 & 2031F |
9.5 Maldives Metal Casting Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.6 Maldives Metal Casting Market Opportunity Assessment, By Electric & Hybrid Vehicle Type, 2021 & 2031F |
10 Maldives Metal Casting Market - Competitive Landscape |
10.1 Maldives Metal Casting Market Revenue Share, By Companies, 2024 |
10.2 Maldives Metal Casting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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