Report Update: May 6, 2024

India - Dryers For The Treatment Of Agricultural Products - Market Analysis, Forecast, Size, Trends And Insights

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Agricultural Product Dryer Price in India - 2022

Agricultural Product Dryer Price in India (FOB) - 2022

In March 2022, the average agricultural product dryer export price amounted to $54,513 per unit, waning by -71.9% against the previous month. Overall, the export price, however, showed significant growth. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 8,179% against the previous month. As a result, the export price attained the peak level of $194K per unit, and then contracted rapidly in the following month.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From March 2021 to March 2022, the rate of growth in terms of prices for Nepal amounted to +51.7% per month.

Agricultural Product Dryer Price in India (CIF) - 2022

In 2022, the average agricultural product dryer import price amounted to $16,507 per unit, increasing by 61% against the previous year. Over the period under review, the import price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 115% against the previous year. The import price peaked at $37,224 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($21,242 per unit), while the price for the Philippines ($4,634 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+30.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Agricultural Product Dryer Exports in India

In 2022, after three years of growth, there was significant decline in overseas shipments of dryers for the treatment of agricultural products, when their volume decreased by -12.5% to 448 units. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 72%. As a result, the exports reached the peak of 512 units, and then reduced in the following year.

In value terms, agricultural product dryer exports fell sharply to $9.3M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, the exports reached the peak of $11M, and then dropped notably in the following year.

Export of Agricultural Product Dryer in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bangladesh	2.8	1.4	2.7	2.4	-5.0%
Nigeria	0.3	1.1	2.2	2.0	88.2%
Kenya	1.5	1.5	1.5	1.4	-2.3%
Sri Lanka	0.5	1.7	1.2	1.1	30.1%
Nepal	0.3	0.3	0.8	0.7	32.6%
Cambodia	N/A	0.1	N/A	N/A	0%
Zambia	0.1	N/A	N/A	N/A	0%
Others	1.2	1.6	2.6	1.8	14.5%
Total	6.7	7.6	11.0	9.3	11.5%

Top Export Markets for Agricultural Product Dryer from India in 2022:

Bangladesh (284.0 units)
Nepal (83.0 units)
Nigeria (47.0 units)
Kenya (11.0 units)
Sri Lanka (8.0 units)

Agricultural Product Dryer Imports in India

In 2022, approx. 215 units of dryers for the treatment of agricultural products were imported into India; shrinking by -53.3% on the year before. Overall, imports, however, showed a tangible increase. The pace of growth was the most pronounced in 2021 with an increase of 141%. As a result, imports reached the peak of 460 units, and then fell rapidly in the following year.

In value terms, agricultural product dryer imports shrank dramatically to $3.5M in 2022. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 101% against the previous year. As a result, imports reached the peak of $4.7M, and then fell sharply in the following year.

Import of Agricultural Product Dryer in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	4,098	49.1	45.0	2,359	-16.8%
Italy	15.0	9.1	931	474	216.2%
China	226	1,165	507	321	12.4%
Netherlands	3.8	278	357	182	263.2%
Taiwan (Chinese)	41.5	763	250	135	48.2%
Philippines	2.0	4.4	32.7	16.7	102.9%
Others	148	89.6	2,606	55.4	-27.9%
Total	4,534	2,358	4,728	3,543	-7.9%

Top Suppliers of Agricultural Product Dryer to India in 2022:

Denmark (113.0 units)
China (58.0 units)
Italy (22.0 units)
Netherlands (9.0 units)
Taiwan (Chinese) (8.0 units)
Philippines (4.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the agricultural product dryer market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28931600 - Dryers for the treatment of agricultural products by a process involving a change in temperature

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023