India - Centrifuges - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCentrifuges Price in India - 2023
Contents:
- Centrifuges Price in India (FOB) - 2022
- Centrifuges Price in India (CIF) - 2022
- Centrifuges Exports in India
- Centrifuges Imports in India
Centrifuges Price in India (FOB) - 2022
The average centrifuges export price stood at $726 per unit in 2022, picking up by 20% against the previous year. Overall, the export price continues to indicate notable growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 364% against the previous year. As a result, the export price attained the peak level of $1,715 per unit. From 2018 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,200 per unit), while the average price for exports to Canada ($80 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Centrifuges Price in India (CIF) - 2022
In 2022, the average centrifuges import price amounted to $137 per unit, with an increase of 126% against the previous year. In general, the import price, however, recorded a precipitous curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by 214%. As a result, import price reached the peak level of $5,518 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($21,713 per unit), while the price for Taiwan (Chinese) ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Centrifuges Exports in India
In 2022, the amount of centrifuges exported from India fell markedly to 97K units, dropping by -20% against 2021 figures. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 67%. Over the period under review, the exports reached the maximum at 175K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, centrifuges exports declined to $70M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 18%. As a result, the exports reached the peak of $73M, and then declined modestly in the following year.
| Export of Centrifuges in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.4 | 4.0 | 7.6 | 6.5 | 6.4% |
| Germany | 6.0 | 6.6 | 4.7 | 4.9 | -6.5% |
| Italy | 5.1 | 5.2 | 4.2 | 4.7 | -2.7% |
| Nepal | 2.1 | 1.1 | 2.1 | 1.7 | -6.8% |
| United Kingdom | 1.1 | 0.9 | 1.6 | 1.4 | 8.4% |
| Turkey | 0.8 | 0.6 | 0.9 | 1.2 | 14.5% |
| Poland | 0.4 | 0.3 | 0.5 | 1.1 | 40.1% |
| Nigeria | 1.2 | 0.8 | 0.9 | 1.1 | -2.9% |
| Bangladesh | 1.6 | 0.4 | 0.5 | 0.7 | -24.1% |
| South Africa | 1.4 | 0.3 | 0.5 | 0.6 | -24.6% |
| Kenya | 0.4 | 0.2 | 0.7 | 0.6 | 14.5% |
| Canada | 0.2 | 0.6 | 0.3 | 0.4 | 26.0% |
| Sri Lanka | 0.6 | 0.4 | 0.5 | 0.4 | -12.6% |
| Others | 45.8 | 40.4 | 48.1 | 44.7 | -0.8% |
| Total | 72.1 | 61.8 | 73.0 | 70.1 | -0.9% |
Top Export Markets for Centrifuges from India in 2022:
- Nepal (14.6K units)
- Italy (13.0K units)
- Germany (7.8K units)
- Turkey (6.1K units)
- United States (5.4K units)
- Kenya (5.3K units)
- Nigeria (4.8K units)
- Canada (4.6K units)
- Poland (2.4K units)
- Bangladesh (2.2K units)
- South Africa (2.2K units)
- United Kingdom (1.8K units)
- Sri Lanka (1.6K units)
Centrifuges Imports in India
In 2022, overseas purchases of centrifuges decreased by -36.3% to 491K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 264%. As a result, imports reached the peak of 770K units, and then dropped remarkably in the following year.
In value terms, centrifuges imports soared to $67M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Centrifuges in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.4 | 3.7 | 7.0 | 14.3 | 19.4% |
| South Korea | 0.4 | 0.4 | 1.6 | 2.3 | 79.2% |
| Singapore | 1.1 | 1.2 | 0.9 | 1.5 | 10.9% |
| Italy | 1.6 | 2.1 | 1.5 | 0.6 | -27.9% |
| Taiwan (Chinese) | N/A | N/A | N/A | N/A | 0% |
| Others | 30.6 | 46.0 | 35.6 | 48.7 | 16.8% |
| Total | 42.1 | 53.4 | 46.7 | 67.4 | 17.0% |
Top Suppliers of Centrifuges to India in 2022:
- Italy (undefinedK units)
- Singapore (408.8K units)
- Taiwan (Chinese) (61.5K units)
- South Korea (9.1K units)
- China (7.5K units)
This report provides an in-depth analysis of the centrifuges 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 32501380 - Centrifuges of a kind used in laboratories (excluding cream separators, clothes dryers)
- Prodcom 28294100 - Centrifuges (excluding cream separators, clothes dryers, t hose used in laboratories)
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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